Entercom Communications Corporation (NYSE: ETM) is the fifth-largest broadcasting company in the United States. As of November 2009, Entercom operates 110 radio stations in 23 markets across the United States.
The company was once called Entertainment Communications; its current name is a partially redundant portmanteau of its former title.
On August 21, 2006; Entercom agreed to buy 15 radio stations in slower markets from CBS Radio. Locations in...
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Entercom Communications Corporation (NYSE: ETM) is the fifth-largest broadcasting company in the United States. As of November 2009, Entercom operates 110 radio stations in 23 markets across the United States.
The company was once called Entertainment Communications; its current name is a partially redundant portmanteau of its former title.
On August 21, 2006; Entercom agreed to buy 15 radio stations in slower markets from CBS Radio. Locations included Austin, Texas; Cincinnati, Ohio; Memphis, Tennessee; and Rochester, New York. However, due to ownership limitations set by the Federal Communications Commission, Entercom had to sell off 3 of its radio stations in the Rochester market to Stephens Media Group. After its purchases in the Cincinnati market, the company quickly sold its stations to Bonneville Broadcasting and Cumulus Media and exited the market.
CBS Radio has announced that it would sell 50 more radio stations in 12 markets to focus on major market stations and as of...
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