AOL, CBS Radio team up

XM ends partnership with AOL, launches new online radio initiative CBS Radio and AOL struck a major deal Friday, which allows AOL to stream all CBS-owned radio stations on its Internet Radio service. The deal will mesh CBS-owned radio stations with AOL’s existing radio stations, and it also calls for CBS to create custom radio stations exclusively for the Internet. […]

WXRT to leave longtime home

CBS-owned WXRT-FM is leaving its longtime home in the Belmont Cragin neighborhood on Chicago’s North Side and is moving to new digs at the NBC Tower, where sister station WSCR-AM is located. The legendary station has been located in a building at 4949 West Belmont since 1972, and the station’s Adult Album Alternative format is the longest-tenured in the market […]

More radio layoffs

With CBS Radio pink-slipping, on top of Emmis’ recent cutbacks, as well as those at Clear Channel, it looks like its going to be another tough year for the radio industry. Among the casualties locally – WXRT GM Michael Damsky, who is out after 24 years.