Radio And Tower Industry Consolidator Steve Dodge Dead At 73. | Story | insideradio.com

[Scott Fybush]

Also the lead story today in NERW's 25th anniversary (!!) issue...

www.fybush.com/nerw-20190121/

On Mon, Jan 21, 2019, 5:27 PM Don <astelle.donald@gmail.com wrote:

> Given that he was based in Boston, I thought I would pass this along...
>
>
> http://www.insideradio.com/free/radio-and-tower-industry-consolidator-steve-dodge-dead-at/article_cc105740-1b58-11e9-ac40-e7c1c730c1ca.html
>
> In the late 1980s, Dodge formed Atlantic Radio, which merged with Tom
> Stoner's
> Stoner Broadcasting and David Pearlman's Multi Market Communications in
> 1993
> to form American Radio Systems. Beginning with 16 stations in seven
> markets,
> Dodge seized on the opportunity afforded by passage of the Telecom Act of
> 1996 to grow ARS into radio's fourth-largest company. ARS became a major
> radio consolidator, rolling up 96 stations centered in markets 10-50,
> including Boston; Charlotte; Portland, OR; St. Louis; Pittsburgh; Seattle;
> Sacramento; Buffalo; Rochester, NY; and Hartford. In 1998, ARS was sold to
> CBS Corp. for $2.6 billion, a then-record price in the radio industry,
> giving CBS a total of 175 radio stations, making it, at the time, the
> industry's largest station owner.
>
>