RBR + TVBR INFOCUS
With newly appointed CFO/EVP Rich Schmaeling kicking off Entercom‘s first quarter 2017 earnings conference call with Wall Street analysts before quickly yielding to company President/CEO David Field, this Philadelphia-based pure-play radio broadcast company delivered a key message to the media world: It’s merger with CBS Radio creates a big No. 2 for the radio business, and gives Entercom the power to become a much-needed industry advocate with new clients and light advertisers.
RBR + TVBR OBSERVATION (Full commentary below, for Members Only): Introducing the radio industry’s No. 1 cheerleader—David Field. In an impassioned statement delivered during his company’s Q1 conference call with financial analysts, Entercom’s President/CEO declared, “Radio has suffered from a woefully insufficient industry advocacy effort.” Yes, it has. Is Mr. Field the leader the woefully moribund radio industry finally needs to get the gear shift out of the neutral position it’s been stuck in for more than a decade?