• Get involved.
    We want your input!
    Apply for Membership and join the conversations about everything related to broadcasting.

    After we receive your registration, a moderator will review it. After your registration is approved, you will be permitted to post.
    If you use a disposable or false email address, your registration will be rejected.

    After your membership is approved, please take a minute to tell us a little bit about yourself.
    https://www.radiodiscussions.com/forums/introduce-yourself.1088/

    Thanks in advance and have fun!
    RadioDiscussions Administrators

CBS is getting out of the radio business -- who buys the Phoenix stations?

K

KeithE4

Mother Hubbard? TMISU? Somebody who wants to get into the market? Spun off to a standalone company?
 
Probably what they did for Outdoor - spun off to a separately traded company that CBS shareholders would hold a controlling interest in.
 
I think you're kind of overstating their intentions. Phoenix has been on the block for probably 8 years, and they haven't found anyone willing to pay their price. I'd agree with the previous poster says about a spin-off with CBS retaining interest.
 
Some major tax issues for See B.S. on many of their long of tooth properties. Horse trading and a spin-off to shareholders is probably how most of the stations will go. However, they'll look at offers...but fasten your seat belt, as they want top dollar. A lot of talk about Entercom wanting more than a one station cluster in el A. But their mindset may still be on the smokin' deal they got with Lincoln Financial. Here in the Valley, only Mother Hubbard is a likely player...but again, at what price does it make sense?
 
Status
This thread has been closed due to inactivity. You can create a new thread to discuss this topic.


Back
Top Bottom