CBS Looking To Sell Off Their Radio Stations

[Sean Smyth]

Given how much that's been invested in 1030 and 98.5 to tie them in with 4,
I'd think they'd stay like you said. Maybe peel off another FM for a 1030
simulcast before the sale?

On Wednesday, March 16, 2016, Kevin Vahey <kvahey@gmail.com> wrote:

> iheartMedia (Clear Channel) is in no position to buy anything and their
> situation may have forced CBS's hand. Station prices are going to drop
> dramatically.
>
> I think you might see CBS hang on to the news AM stations they have and
> also hang on to their sports radio properties and unload everything else.
>
> The Chicago CBS cluster is similar to Boston and Robert Feder writes
>
>
> http://www.robertfeder.com/2016/03/15/cbs-sale-would-include-chicagos-top-radio-group/
>
> Here is the reality of radio today - music stations do not bill well and
> there are also music license fees to deal with. I would love to see the
> Boston billing figures but I would guess it would mirror Chicago with
> WBZ=AM and WBZ-FM doing well and the rest surviving.
>
>
>
> On Wed, Mar 16, 2016 at 1:56 AM, Don via Boston-Radio-Interest <
> boston-radio-interest@lists.bostonradio.org <javascript:;>> wrote:
>
> >
> >
> > ---------- Forwarded message ----------
> > From: Don <Donald_Astelle@yahoo.com <javascript:;>>
> > To: Mark Watson <markwats@comcast.net <javascript:;>>, "'Boston Radio
> Group'" <
> > boston-radio-interest@lists.bostonradio.org <javascript:;>>
> > Cc:
> > Date: Wed, 16 Mar 2016 01:14:22 -0400
> > Subject: Re: CBS Looking To Sell Off Their Radio Stations
> >
> >
> >>> CBS is putting their entire radio division up for sale according to
> this
> > article in Variety. CBS CEO Les Moonves confirming this at the CBS
> Investor
> > Day presentation today.
> > <<
> >
> > Will they sell as a whole....or in bunches...or individual stations?
> >
> > I know in Boston Clear Channel (IheartMedia) would love to pick up a few
> > more full-signal FM's in Boston....as they only have 2-1/2 right now.
> > (Although, IHM Has other problems right now...)
> >
> > I can't think of who might want to run an all-news 50KW AM station (and
> > run it in a good way) if CBS doesn't want it.
> >
> > Clear Channel does have some experience running 50KW blowtorch stations
> in
> > many markets.
> >
> > But what could they get for these stations?  In the same announcement,
> CBS
> > stated that they "don't see radio as a growth industry any longer".
> >
> > Does anyone see it as a growth industry worthy of investment?
> >
> >
> > Don
> >
> >
> >
>


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