Entercomm /CBS Merger and sport rights

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This topic contains 89 replies, has 21 voices, and was last updated by Profile photo of coughitup coughitup 10 hours, 15 minutes ago.

Viewing 15 posts - 76 through 90 (of 90 total)
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  • #174108
    Profile photo of DavidZ
    DavidZ
    Participant

    Admitted non-professional radio fan here, saying once again: I hope this merger doesn’t happen. But if it does, it will be interesting to see how it will affect the CBS Radio News affiliation in the Boston area. At present, WBZ carries the top-of-the-hour CBS newscasts at night; WCRN in Worcester (or “Worcester/Boston,” as it proclaims itself) carries them 24/7. WRKO is Boston’s local ABC affiliate. One wonders how all that may change, to say nothing of the much-ballyhooed competition between WEEI and WBZ-FM.

    WCRN no longer carries CBS news 24/7 since changing to Full Service Radio. In AM drive they have the TV simulcast of the news from Fox 25.
    And I’m not sure if they still carry it in the overnights during their classic hits/oldies music programming.
    #174113
    Profile photo of Uncle Kaimbridge
    Uncle Kaimbridge
    Participant
    WCRN no longer carries CBS news 24/7 since changing to Full Service Radio. In AM drive they have the TV simulcast of the news from Fox 25.
    And I’m not sure if they still carry it in the overnights during their classic hits/oldies music programming.

    Thatʼs a negatory in the overnights, which surprises me, as (you point out) they now call themselves “Full Service Radio”.

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    #174145

    I would like to see Entercom divest the WEEI rimshots in Worcester and Springfield, as well as 107.3 WAAF to Cumulus. I did think of Entercom divesting the rimshots to iHeartMedia at first, but I think it would better for Entercom to divest the rimshots to Cumulus instead to get a better deal. I still believe that Entercom will divest the WBZ stations in Boston no matter which stations they want to keep.

    #174146
    Profile photo of joseph_gallant
    Joseph_Gallant
    Participant

    Mike The Radio Guy commented:

    I would like to see Entercom divest the WEEI rimshots in Worcester and Springfield, as well as 107.3 WAAF…

    WVEI-1440 probably wouldn’t be considered a “Boston” station. And WWEI-105.5 in Springfield isn’t a “Boston” station either, so a merged CBS/Entercom could likely keep both stations.

    WAAF-107.3 is the potential problem. Although licensed to Westboro, it has a strong signal in most of the Boston area. If the FCC rules it a “Boston” station, it would force CBS/Entercom to spin-off one more station than it would have to if the FCC rules ‘AAF as a “Worcester” station.

    #174155

    I still think it makes sense for Entercom to spin off 107.3. In fact, I think that this merger will be very similar to Entercom’s buyout of Lincoln Financial Media, where the Department of Justice forced Entercom to spin off more stations than they were required to due to anti-competition concerns in Denver, and it’s probably going to be the same case in Boston which is the reason why the WBZ stations may be divested.

    #174182
    Profile photo of spt87
    spt87
    Participant

    This should be a new thread – but I think the CBS divesture is probably a factor.  Joe Mathieu is leaving affective this upcoming Friday.  Being younger, seemingly being active in pushing his career forward (based on his past of moving jobs) and he really has a lot to offer as an on air personality I figured if anyone would bail due to merger uncertainty it would be WBZ’s morning anchor of 6 years.  Also he is another of the radio/TV cross pollination that CBS is throwing away since he does some political commentary on the TV side.  Now maybe it is a coincidence but you have to figure this merger is at least a factor.  Same with Diane Stern retiring last fall.  I wonder who else will bail out or retire.  Entercom/CBS Radio would be smart to put some retention bonuses in place for those who stick it out thru the first year or so of the merger – but of course they won’t.

    BTW Joe and the team did an outstanding job of covering the Boston Marathon again this year.  This is the type of stuff that is becoming rare for radio to put much energy into but I think these are important events to build the connection in the communities they serve.

     

     

     

    #174195
    Profile photo of blackroc
    blackroc
    Participant

    “Mathieu is leaving”

    He’s leaving but says he’s staying in the area. Who in the market would pursue him (PBS stations?)

    #174197
    Profile photo of High Tides
    High Tides
    Participant

    A shame.  “The beginning of sorrows,” I suspect, as far as the future of CBS Boston is concerned.

    #174199
    Profile photo of blackroc
    blackroc
    Participant

    “Joe Mathieu is leaving “

    Joe says he’s remaining in the market. He didn’t say for how long?
    Thinking about a next move for a news anchor isn’t easy (in Boston).

    #174202
    Profile photo of Neg Ative
    Neg Ative
    Participant
    Have you been following Cumulus? We have an ongoing thread on my FB radio page following the stock, which was as low as TWENTY THREE CENTS a share this week, and that is after last years 8 to 1 reverse stock split last fall they had to do to get the stock over a dollar to keep being listed on NASDAQ
    in simple terms, the share or CMLS you owned last September is now worth between 3 and 4 cents a share.
    if you think they are buying anything right now… it ain’t happening.  It takes 2 shares of their stock to mail a letter.
    The race to bankruptcy has CMLS and IHRT neck in neck IMHO.
    ETM may be able to find a way on the basis of the number of stations allowed to be owned in a area to reach the max number, but once you go to other criteria like amount of ad dollar revenue they get in the area defined by the FCC , and that is 40% IIRC, they may find themselves having to own less stations in order to keep the max revenue allowed.
    As for Joe leaving CBS, I would speculate that he is at the end of a contract and CBS is not willing to pay him the money, or he sees the writing on the wall and is getting while the going is good.   News radio is expensive to run, and there has never been a radio merger  in  recent memory where there has not been a blood bath before, during or right after the sale in order to come up with the cash to pay the debt.
    Speaking of that when are the layoffs starting at IHRT?  When they admit in a Fed filing that they don’t know if they are going to be able to survive much longer, it gets you wondering when the heads are going to roll, not that there are many left after 10 years of Bain/Lee involvement.
    Is that why G Spin Gamere bolted from his various duties/on air shifts in several markets and went to work for a talent agency?
    Oh well, will the last person out the door make sure the tower lights are on.

    I would like to see Entercom divest the WEEI rimshots in Worcester and Springfield, as well as 107.3 WAAF to Cumulus.

    #174205
    Profile photo of BRW
    BRW
    Participant

    “Joe Mathieu is leaving “

    Joe says he’s remaining in the market. He didn’t say for how long?
    Thinking about a next move for a news anchor isn’t easy (in Boston).

    Likely to one of the two public news radio outlets. I’d bet on 89.7.

    #174469
    Profile photo of BRW
    BRW
    Participant

    “Joe Mathieu is leaving “

    Joe says he’s remaining in the market. He didn’t say for how long?
    Thinking about a next move for a news anchor isn’t easy (in Boston).

    Likely to one of the two public news radio outlets. I’d bet on 89.7.

    https://www.bostonglobe.com/lifestyle/names/2017/05/15/joe-mathieu-named-new-anchor-wgbh-morning-edition/9bEoopHze7Q2HDrab2XyDK/story.html

    #174480
    Profile photo of Uncle Kaimbridge
    Uncle Kaimbridge
    Participant

    So, is this likely a case of “unable to reach an agreement at contract renewal time” and ‘GBH saw the chance, or they were in talks before he left?

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    #174490
    Profile photo of blackroc
    blackroc
    Participant

    pursue him (PBS stations?)

    ———————————–

    It wasn’t particularly hard to figure out was it?

    #174633
    Profile photo of coughitup
    coughitup
    Participant

    I hear Joe’s starting a new job at WGBH-FM as the new local host of “Morning Edition.”  And I think he’ll have the whole 5 hours of it, since WBUR-FM, which also carries the show, bolts out at 9 a.m. to carry BBC World Service News Hour.

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