Here's the deal for anyone who's confused. Thursday AM the Globe and Herald ran stories saying that a consortium may be putting together a deal for a regional sports network utilizing the Nassau stations. They went on to say that the flagship would be WCRB-FM in Boston and that Dennis and Callahan, WEEI's current AMD hosts, would be the anchor programming for the network. D & C are currently embroiled in a contract dispute with Entercom, owners of WEEI.
Later Thursday afternoon the speculation was rendered moot when it was announced that Entercom had instead made two separate deals with Nassau, the first to take a 50% stake in WCRB. Nassau will continue to manage the station and it will remain in the classical format. The second deal was an agreement to syndicate WEEI content on 11 of Nassau's stations covering the Cape, Portland, White River Junction, Montpelier and one or two other markets.
Entercom still hopes to reach agreement with D and C, but that is a completely different negotiation, one in which the leverage seems to have clearly shifted with this announcement.