Entercom on Hold

If one thing best describes Entercom since its merger with CBS Radio, it is shrinkage.

David Field’s promised EBITDA to Wall Street was and is nowhere near $400 million.

It’s hard to deny that CBS Radio is a mere shadow of its former self.

An estimated $60 million in cutbacks with approximately $40 million is coming.


This is starting to feel like an episode of Seinfeld.

Except David Field just blinked.

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