CBS Looking To Sell Off Their Radio Stations

[Rob Landry]

CBS will want to keep "WBZ" for the TV station, I suspect.


Rob


On Sat, 26 Mar 2016, Kevin Vahey wrote:

> 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
>>
>>
>>
>