• 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

Westwood One for sale?

A

actioncentral

Guest
Radio and Records reports that Westwood One may be seeking bidders for a sale.
How about FOX? Although it still has ties to Clear Channel/Premiere. How about CBS buying it outright? I don't think NBC/GE would be interested.
action central
 
There has been talk that Citadel or Clear Channel may be interested, but both have satellite distribution services and may have problems with regulators
over buying another sat service, unless it's sold off.
 
http://www.nypost.com/seven/0504200...e_business_peter_lauria_and_zachery_kouwe.htm

"According to three sources close to the situation, Westwood One is waiting for shareholder approval for its pending content syndication deal with CBS Radio, tentatively targeted for May 15, before it formalizes an auction... According to sources, UBS has already contacted Citadel Broadcasting about its interest in buying Westwood One. Sources said Shane Coppola is also interested in buying the network. Coppola currently consults for Westwood One. His father-in-law, David Sapperstein, founded Metro Networks and eventually sold it to Westwood One when former CBS Radio CEO Joel Hollander was overseeing the network."
 
Status
This thread has been closed due to inactivity. You can create a new thread to discuss this topic.


Back
Top Bottom