Entercom Divests 3 Stations to EMF

CMB Online
Date:
in: Industry News

Entercom announced on Tuesday that they are divesting three stations to Educational Media Foundation. They are: KSWD-FM 100.3 The Sound in Los Angeles, KSOQ-FM 92.1 in San Diego, and WGGI-FM 95.9 in Wilkes-Barre. The deal is the first of what will allow Entercom to complete its merger with CBS.

Entercom CEO David Field issued the following statement, “We have made great progress towards the completion of our merger with CBS Radio and this agreement with EMF brings us one step closer to the finish line.

Mike Novak added, “We are particularly excited to see what God has in store for the people of Los Angeles, through our new station, Positive & Encouraging K-LOVE at 100.3 FM. The people at Entercom have been a joy making this purchase possible.”

 

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