Reaction from industry experts to the news CBS intends to explore its options for the Radio division have ranged from “It’s a bad omen for radio” to “This whole thing is sad to me.” Another expert told RBR+TVBR “maybe bringing in new owners committed to radio would be good.”
We’ve reported CBS has been selling smaller-market stations for years, but we wanted to know what clinched the decision at CBS to pull the trigger on the radio division now.