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.
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- 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.
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