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Callahan gone from EEI

Almost like a news operations these sports talk stations are very expensive to operate. Obviously rights to secure teams costs millions and only pays off if the team is doing well. Play by Play operations and big talk show hosts also are also expensive. Usually also a lot of studio personnel and folks in the field are required. So the costs of running these operations are up their and really cut into the profits.
 
And... Tweets by @bostonradio

>>Entercom is in a s---load of corporate debt after absorbing CBS that not even a 15 share in the morning could fix at this point.

>>the day everyone needs to watch is Aug 7. Entercom will be reporting their Q2’s. If they really miss the mark, Gerry’s salary dump will look like middle school math problem. Field had asked his regional captains to cut $100 mill.

>>irony of ironies
Just a bit trivial but WEEI's call letters used to be on 590 AM and 103.3 FM under CBS ownership. Entercom now has them, at 850 and 93.7....and from 2009 til the big shuffle a couple years ago, Entercom's big challenger was a CBS-owned sports station...which got dealt to Beasley since they couldn't keep both sports stations under revenue/market share regulations
 
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Field had asked his regional captains to cut $100 mill.

The $100 mil is the amount Field promised stockholders as far as synergies and cost savings from the merger. He said they could economize with back office staff. Duplication of HR and other similar departments. But they didn't actually start that process until a couple months ago. So now they're racing around looking for ways to cut. Every market is making staff cuts.
 
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