Entercom Shutting Down KDND/Sacramento
An Entercom statement read, “Throughout Entercom’s 48-year history, we have maintained a steadfast commitment to operating in the public’s best interest and serving the communities in which we operate. We take great pride in our work, but we fully recognize that all of our good efforts cannot undo the tragic event that took place ten years ago. Based on the facts, including KDND’s record of community support and service, and the jury’s finding that Entercom Communications was not negligent in relation to 2007 incident, we strongly believe that our renewal application would have been granted. However, after careful consideration we determined it is in the company’s best interests to voluntarily turn in the KDND license to facilitate the timely FCC approvals for the planned combination with CBS Radio announced [last] Thursday.”