Entercom merges with CBS Radio to create second biggest US radio company

Entercom Communications has merged with CBS radio, creating a radio platform with a nationwide footprint of 244 stations, including 23 of the top 25 US markets, as well as robust digital capabilities plus a growing events platform. The new company will be led by Entercom president and chief executive David J. Field, according to a release on the company’s website.
 
“This agreement is great for shareholders and achieves our previously stated objectives by separating our radio bu