New Beginning For The End
As surprising as this development is, many industry observers feel this preemptive move would have been much more shocking if Entercom had not announced it was acquiring CBS Radio’s 117 stations, forcing the company to divest as many as 15 stations nationally to meet ownership caps — Sacramento alone would have to lose four FMs. This shrewd move to shut down KDND ahead of the judge’s decision now leaves Entercom with only three to spin off. In any event, the past few days have been exciting, to say the least.