CBS Looking To Sell Off Their Radio Stations

[Kevin Vahey]

Perhaps the new owners keep the WBZ calls on AM - perhaps they don't.

On Sat, Mar 26, 2016 at 2:58 PM, Gary's Ice Cream <gary@garysicecream.com>
wrote:

> My CBS sources say that the intention is to divest of ALL radio
> properties....nothing sacred
>
>                     Gary's Ice Cream, Chelmsford, MA
> www.garysicecream.com           www.icecreamcollege.com
>
>
>
>
>
> -----Original Message-----
> From: Boston-Radio-Interest [mailto:
> boston-radio-interest-bounces@lists.BostonRadio.org] On Behalf Of Sean
> Smyth
> Sent: Saturday, March 26, 2016 7:50 AM
> To: Kevin Vahey
> Cc: Boston Radio Group
> Subject: Re: CBS Looking To Sell Off Their Radio Stations
>
> 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
> > >
> > >
> > >
> >
>
>
> --
> Sent from my iPhone
>
>
>