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CUMULUS MAY BUY CBS RADIO ?

DavidKaye said:
OldChicago said:
Found this on the web. Thought everyone in the bay area on this board may find it of interest.


OLD CHICAGO

http://richliebermanreport.blogspot.com/2013/01/cumulus-eyeing-to-buy-cbs-radio-no.html
Click to expand...

It's a link to Wrong Way Lieberman's blog. I'm not even going to bother looking at it.
Click to expand...

OK..well how about this:


http://rbr.com/report-cbs-radio-may-go-on-the-block/

OR
http://www.nypost.com/p/news/business/les_wants_more_Vd5Wv5O7fLS1HqbedU0nmN

OLD CHICAGO
 
OldChicago said:
OK..well how about this:

http://rbr.com/report-cbs-radio-may-go-on-the-block/

OR
http://www.nypost.com/p/news/business/les_wants_more_Vd5Wv5O7fLS1HqbedU0nmN

OLD CHICAGO
Click to expand...

You've just given links to THE EXACT SAME ARTICLE in two different places. This is hardly vetting a story. In fact, you're perpetuating the biggest crime of the Internet. Okay, I've done a Google news search on the terms "Les Moonves", and "CBS Radio" and everything I came up with referred back to the NY Post article.

It is DOUBTFUL that the NY Post has a scoop on such a story. I'd say that if it were really true all the major media would be all over this story especially because of consolidation worries. It's more than likely a plant by someone connected with CBS or with Cumulus (or who holds stock in one or the other) who is trying to stir things up and maybe make it happen or perhaps drive up the stock of one or the other company.

You're really Wrong-Way Lieberman aren't you?
 
Jerry Del Colliano, who used to publish Inside Radio, has been saying this since last summer. Not holding my breath...
 
SFStatic said:
Jerry Del Colliano, who used to publish Inside Radio, has been saying this since last summer. Not holding my breath...
Click to expand...

This is why I posted this. I know of someone who knows Jerry Del Colliano, and they tell me he quite a track record of being right about these things due to the network of "insiders" he knows. I hope it does not happen, and this time Mr. C is wrong.

Old Chicago
 
Let's set sources aside and deal with this on a single question basis.

The suggestion: Cumulus may buy CBS radio.


The question: Using what for money?
 
As mentioned on the NYC board -- CBS has allegedly been wanting out of some of the smaller markets (for them) they don't have any TV stations in, so I could see them selling those, but the larger markets like San Francisco are unlikely.
 
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