Globe on Greater Media's Sox pullout

Bob Nelson raccoonradio@gmail.com
Sat May 6 11:26:27 EDT 2006


Globe article

http://www.boston.com/business/articles/2006/05/06/sox_likel
y_to_move_games_to_wrko/

"Greater Media had been the favorite to win the deal this week, but
during several hours of meetings at Fenway Park in the owners' luxury
suite Thursday, the two sides could not agree on final terms...When
Greater Media walked away, it left a rich deal on the table: $140
million over 10 years, plus an $8 million signing bonus and the
ownership stake, according to one account."

The article also says that while WBOS "set a billing record" for the
month of May, it is still the lowest rated of GM's Boston stations.
Peter Smyth did express "strong support" for the station but wouldn't
rule out a sports talk format, even without the Sox
("left the door open")...



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