Mon Apr 2 15:36:10 EDT 2018
On 4/2/2018 3:10 PM, Rob Landry wrote:
> Can someone explain to me why they gave up 1030 but kept 850?
Because DOJ said they couldn't keep 1030 and still get antitrust
approval for the whole transaction; 850, with close to zero revenue or
ratings, wasn't much of a factor in the antitrust evaluation, and
presumably being run in concert with 93.7 at almost zero expense still
makes it net profitable for Entercom to keep, if only as an overflow
destination for WEEI programming. If there had been any desire by
another buyer to pay money for the 850 signal, it could just as easily
have been spun - but who'd want it as a standalone?
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