suggestions for Entercom

Garrett Wollman wollman@bimajority.org
Sat Jul 14 14:05:33 EDT 2007


<<On Sat, 14 Jul 2007 11:26:07 -0500, "Bob Nelson" <raccoonradio@mail.com> said:

> Yes, when the previous owner of WRKO (American Tower?) bought 850
> and also got ahold of WEEI's intellectual property and calls,

How quickly we forget!

The company that bought WRKO from General Tire was Atlantic Ventures.
Some time before the purchase of WEEI, the company changed its name to
American Radio Systems.  Steve Dodge then split the company, keeping
the new American Tower and selling the entire radio business to CBS.
(Yes, WRKO and WBZ were briefly sister stations, although they never
operated under common management.  This was because the FCC and the
FTC have different models about how ownership limits are enforced, and
the acquisition of ARS by CBS did not put CBS over the then-existing
numerical limit, so as far as the FCC was concerned the transaction
could be completed, and as far as the FTC was concerned, CBS had only
to promise to divest some percentage of the revenue at a later date.
ARS did put one station, 1150, into trust as a part of the sale.)

-GAWollman



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