Entercom merges with CBS Radio
Seven Chicago radio stations under new ownership In a deal which marks the first under the FCC chairmanship of Ajit Pai, CBS Radio announced Thursday morning it was merging its station group to Philadelphia-based Entrecom Communications for $1.7 billion. The merger creates a new mega-station group, with 244 stations nationwide and in 23 of the top 25 radio markets. When the […]