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 | This article needs additional citations for verification. (April 2013) |
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| Formerly | Infinity Broadcasting (1997–2005) |
|---|---|
| Company type | Subsidiary |
| Industry | Radio broadcasting |
| Predecessor | Infinity Broadcasting Westinghouse Broadcasting |
| Founded | 1928 (Foundation of CBS) 1997 (relaunched as Infinity Broadcasting) 2005 (relaunched as CBS Radio) |
| Defunct | November 17, 2017 |
| Fate | Acquired by Entercom (now Audacy, Inc.)[1] |
| Successor | Entercom (now Audacy, Inc.)[1] |
| Headquarters | , U.S. |
Area served | Nationwide |
Key people | Andre Fernandez, president and chief executive officer |
CBS Radio was a radio broadcasting company and radio network operator owned by CBS Corporation and founded in 1928, with consolidated radio station groups owned by CBS and Westinghouse Broadcasting/Group W since the 1920s, and Infinity Broadcasting since the 1970s. The broadcasting company was sold to Entercom (now known as Audacy, Inc.) on November 17, 2017.[1]
Although CBS's involvement in radio dates back to the establishment of the original CBS Radio Network in 1927, the most recent radio division was formed by the 1997 acquisition of Infinity Broadcasting by CBS owner Westinghouse.In 1999, Infinity became a division of the original Viacom; in 2005, Viacom spun CBS and Infinity Broadcasting back into a separate company, and the division was renamed CBS Radio. It was the last radio group left to be tied to a major broadcast television network, as NBC divested its radio interests in the 1980s, and ABC sold off its division to Citadel Broadcasting (now part of Cumulus Media) in 2007.
- ^ a b c Entercom Communications Corp. (November 16, 2017). "Form 8-K". Securities and Exchange Commission. Retrieved November 17, 2017.