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[OM] OT: CBS to Sell Radio Assets to Entercom

Subject: [OM] OT: CBS to Sell Radio Assets to Entercom
From: Chris Trask <christrask@xxxxxxxxxxxxx>
Date: Thu, 2 Feb 2017 08:53:40 -0700 (GMT-07:00)
     This is significant media news.  CBS is selling off all of its radio 
assets. 

> 
>CBS to Sell Radio Assets to Entercom
> Shareholders of Entercom will have to agree; the deal, which the companies 
>called a merger, will result in a broadcaster with 244 stations but require 
>some major-market station divestitures. Here’s what Entercom told financial 
>analysts and reporters in their just-ended conference call.
>READ MORE»©2017 NewBay Media, LLC
>

http://www.entercom.com/cbs-corporation-and-entercom-announce-merger-of-cbs-radio-with-entercom-to-create-preeminent-radio-platform

     This is the end of an era in American culture.  

     In addition to this, the Australian Broadcasting Commission has shut down 
its shortwave facilities that serve the outback.  Seems they have been in a 
political war with parliament over the expense and are replacing it with an FM 
network with satellite downfeeds.

http://www.abc.net.au/local/stories/2017/01/18/4605906.htm?site=alicesprings

     When I was in high school I would get up early so that I could listen to 
the morning shortwave broadcast to North America, which began with the call of 
a Kookaburra.  Sometimes I could pick up the regional shortwave broadcast from 
Perth, which often carried the broadcast of horse races.  Recently I would 
listen to Radio Australia in the late evenings when the propagation was 
favourable.  That's all gone now.  Damn!



Chris

When the going gets weird, the weird turn pro 
     - Hunter S. Thompson
-- 
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