News End of an era: CBS to sell its historic radio division

Discussion in 'The Howard Stern Show' started by SchwoogieBuzzer, Mar 15, 2016.

  1. SchwoogieBuzzer

    SchwoogieBuzzer Well-Known Member

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    According to the Los Angeles Times:

    CBS plans to sell one of its legacy brands: CBS Radio.

    "We will begin to explore strategic options," CBS Chairman and Chief Executive Leslie Moonves announced Tuesday during the company's investor day. "We will be prudent and judicious. We will take our time to make sure that we do it right."

    The move represents a recognition that terrestrial radio is no longer a growth industry, particularly as major advertisers shift their spending to digital platforms.

    However, the proposed sale is hugely symbolic because the broadcasting company was built on the back of its TV and radio stations, which have adapted and thrived over the decades as consumption patterns changed.

    CBS Radio, launched in 1928, also represents one of the largest radio station groups in the nation, reaching an estimated 70 million consumers nationwide each week, according to the company's website.

    The division owns and operates 117 radio stations in 26 markets, including six stations in Los Angeles, including KNX-AM 1070 and KCBS-FM 93.1.

    "You know Robin, I invented CBS Radio. And now a word from Squatty Potty."
     
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  2. Mlaw

    Mlaw Quite Contrarian 2010 OG VIP Gold

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    Howard leavind destroyed them
     
  3. Shortwave98

    Shortwave98 Cookies Bitch Banned User

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    CBS radio ended when this went away.

     
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  4. DDragon

    DDragon Well-Known Member Banned User

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    Sports talk radio saved terrestrial radio. All it is is now is boring right wing politics and the same tired old rock songs from 30+ years ago. Sports on terrestrial radio is the only thing thats tolerable. The rock radio programmers have to be some of the dumbest schmucks on the planet. Same tired old Led Zepplin and Pink Floyd songs. No wonder the genre died. My local rock station doesnt even play Bruce Springsteen, he gets played on the "oldies station" only the oldies station is now 70s and 80s music.
     
  5. binhphuocngu

    binhphuocngu Well-Known Member

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    That wife of his must need an ass job to go with her tits.
     
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  6. R.P. McMurphy

    R.P. McMurphy Well-Known Member

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    ...howard should by it, hes got notebooks full of ideas!
     
  7. Divorce Chicken

    Divorce Chicken I've got angst in my pants VIP

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    And Rush Limboe.
     
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  8. GaryPuppet

    GaryPuppet Well-Known Member Banned User

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    Is Howard taking credit for this like he did when NBC's radio division disappeared?
     
  9. DiamondGoddess

    DiamondGoddess Born Ready for My Close-Up! Gold

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    Tom Leykis is talking about this on his pod right now.

    Radio these days is soooooo bad!!!

    People with no radio voice or delivery have radio shows now.

    Ugh!!!
     
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  10. honestmaxx

    honestmaxx Well-Known Member

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    Damn
     
  11. DDragon

    DDragon Well-Known Member Banned User

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    What about Sean Hannity ? Does he get ratings ?
     
  12. Divorce Chicken

    Divorce Chicken I've got angst in my pants VIP

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    Yeah, but the point is that Limbaugh almost single-handedly saved AM radio in the late 1980s.
     
  13. cg256

    cg256 VIP Extreme Gold

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    What does Jack Benny and George Burns have to say about this?
     
  14. oblio98

    oblio98 Well-Known Member

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    HS will absolutely take credit for this. "2 Networks Robin, NBC and CBS"
     
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  15. mrd160

    mrd160 Well-Known Member VIP

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    LOVE otr...listen every night
     
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  16. Graveyard

    Graveyard Well-Known Member

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    Where is all of the new Rock music on Terrestrial radio? Even the "active Rock" station here plays the same old tired shit from the 90's you've heard a million times. People into Hip Hop and Rap are fickle, and can't get the dirty versions of their music on regular radio anyways, so they aren't listening, in the south there's 6 "country" stations playing the same 12 songs over and over, and the Rock stations offer nothing new at all. Then they wonder why it's a dying medium. it's mind boggling, it's the most accessible medium there is, every car in America has one, and yet it's stuck in the past and unwilling to adapt.
     
  17. lastlaugh

    lastlaugh Well-Known Member

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    Radio failed to keep up with the times. They provided us with safe and inoffensive content the last decade and a half or so. 4-5 hits stations not that different from each other and the oldies rock stations.
     
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  18. reno

    reno VIP Extreme Gold

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    Hasn't he been gone from KROCK for at least twelve years? Howard does have trouble counting.
     
  19. Beth143nacho

    Beth143nacho Bede bede beep VIP

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    Yeah, then after he ruins terrestrial radio he can demand more money from Sirius
     
  20. EvolvedMarbles

    EvolvedMarbles Well-Known Member

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