CBS sells its overseas outdoor division and is one step closer to a potential merger with failed radio operator, Cumulus.
Now we can better piece together what kind of timetable this deal is following.
If you’ve been thinking about subscribing and would like to access this story, let me tell you what you will get.
- The next step – potentially within months – that could tee up the merger of CBS Radio with Cumulus.
- An estimated and updated time of closing.
- The best indication yet what CEO Les Moonves wants of Cumulus CEO Lew Dickey.
- The chance of some of the better, big market stations being retained by CBS or sold to a more humane and qualified owner.
- The thing everyone wants to know! Is it possible that Hubbard or someone other than Cumulus can swoop in and save CBS Radio from the Cumulus merger.
Access this story now and try a monthly subscription, here.
Access this story PLUS 2,381 previous stories, here. Search Stories.
It’s worth it! You can’t get honest and insightful media information like this anywhere else. Thousands of members are all in. Unlock this story and see for yourself.
Confidential NewsTip Hotline • Talk to Jerry privately • Follow Jerry
Recent Posts
- The Company Cleaning iHeart’s Clock
- The End of Consolidation
- The Return of Payola
- iHeart Scraping Competitors’ Business
- The Hurry-Up Cumulus Bankruptcy Plan
- Urban One’s Managed Decline
- An Urgent Behind-the-Scenes Cumulus Pivot
- GM Secretly Taking Back In-car Entertainment
- The Podcast Reckoning
- Beasley’s Nepo Problem