Entercom-CBS-Beasley-iHeart

[Scott Fybush]

Why would the DOJ intervene? Its only concern is antitrust, and the new 
iHeart cluster in Boston is well under the 40% revenue threshold (even 
in any demographic breakdown) that would trigger DOJ review.

As for why CBS is selling, blame the investment community. It wants to 
see growth from quarter to quarter, and while radio is still nicely 
profitable, it's not a growth sector.

On 11/4/2017 9:31 PM, Gary's Ice Cream wrote:
> Why would the DOJ allow the sale to an almost bankrupt company?
> 
>                      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 Doug Drown
> Sent: Saturday, November 04, 2017 2:50 PM
> To: Boston Radio Group
> Subject: Entercom-CBS-Beasley-iHeart
> 
> I'm baffled as to why the FCC would allow the sale of WBZ (or any station, for that matter) to a company teetering on the edge of bankruptcy.
> 
> That's on top of my bewilderment as to why CBS would want to sell it to begin with.
> 
>