Entercom-CBS-Beasley-iHeart
Rob Landry
011010001@interpring.com
Mon Nov 6 07:52:55 EST 2017
On Sat, 4 Nov 2017, Doug Drown wrote:
> 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.
It's not being sold; it's being traded. Eyeheart is givig up its Richmond,
VA cluster and one other.
There are unwelcome tax consequences to a sale, so no one in this deal is
selling anything.
> That's on top of my bewilderment as to why CBS would want to sell it to
> begin with.
They've decided to exit the radio business.
Rob
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