It’s A Toss Up

Entercom and CBS Radio have filed with the FCC to create the Entercom Divestiture Trust to handle the divestiture of the stations in seven markets that it is required to spin-off. While Entercom will only be required to divest fourteen stations to get under the current FCC market caps, it is seeking permission to assign the licenses of 43 different stations into the trust. This will give Entercom flexibility to choose which stations it will seek to keep and which ones it will spin-off. Among the stations being filed for placement into the divestiture trust are all of CBS Radio and Entercom’s stations in the Boston, Sacramento, San Francisco, and SEATTLE markets. RADIO INSIGHT