February 28, 2015 7:55 AM ET

Media

Company Overview of CBS Radio Inc.

Company Overview

CBS Radio Inc. owns and operates radio broadcasting stations. Its stations cover news, sports, talk, rock, country, Top 40, classic hits, urban formats, and other programs. The company’s activities include producing audio and video content, live events, and programming broadcast via on-air, online, and mobile platforms. It also provides advertising opportunities. CBS Radio Inc. was formerly known as Infinity Broadcasting Corp. and changed its name to CBS Radio Inc. in December 2005. The company was founded in 1928 and is based in New York, New York with sales offices throughout the United States. It has radio stations in Atlanta, Georgia; Baltimore, Maryland; Boston, Massachusetts; Charlotte...

1271 Avenue of the Americas

Floor 44

New York, NY 10020

United States

Founded in 1928

Phone:

212-649-9600

Fax:

212-975-0114

Key Executives for CBS Radio Inc.

Chief Executive Officer, President and President of Infinity Radio Group
Age: 63
Chief Executive Officer of CBS Corporation and President of CBS Corporation
Age: 64
President of CBS Local Digital Media
Senior Vice President and General Counsel
Chief Marketing Officer and Executive Vice President
Compensation as of Fiscal Year 2014.

CBS Radio Inc. Key Developments

Sandell Pushes CBS to Divest Radio Stations to Cumulus

Sandell Asset Management Corp. is pushing CBS Radio Inc. to spin off its 117 radio stations and merge them with Cumulus Media Inc. (NasdaqGS:CMLS). Sandell is reportedly recommending a reverse Morris Trust merger.

CBS Radio Inc. Names Jim Ryan as Senior Vice President, Programming

Jim Ryan has been named Senior Vice President, Programming, CBS RADIO, it was announced by Chris Oliviero, Executive Vice President, Programming, CBS RADIO. The appointment is effective immediately. In this new position, Ryan will serve as a source of programming expertise and develop key initiatives and strategies for all of CBS RADIO’s music stations across the country. He retains his title as Program Director for New York stations WCBS-FM and WWFS-FM as part of his contract extension with CBS RADIO. Ryan joined CBS RADIO in April 2010 as Program Director of WWFS-FM and Vice President, Adult Contemporary Programming. He will also continue in the latter role, and add oversight of the division’s Classic Hits stations to his responsibilities as well. Before joining CBS RADIO, Ryan was head of his own consulting company, Jim Ryan Media.

CBS Radio Inc. Completes Deal to Swap More Than Dozen Mid-Size Market Stations for Five Large Market Stations with Beasley Broadcast Group

CBS Radio Inc. announced it has completed its deal with Beasley Broadcast Group Inc. to swap 13 mid-size market radio stations in Tampa and Charlotte as well as WIP-AM in Philadelphia for five large market stations in Philadelphia and Miami. In the trade, CBS RADIO has acquired Philadelphia stations WRDW-FM and WXTU-FM, and Miami stations WKIS-FM, WPOW-FM and WQAM-AM. Beasley has obtained WIP-AM in Philadelphia; WHFS-AM, WHFS-FM, WLLD-FM, WQYK-FM, WRBQ-FM, and WYUU-FM in Tampa; and WBAV-FM, WBCN-AM, WFNZ-AM, WKQC-FM, WNKS-FM, WPEG-FM and WSOC-FM in Charlotte.

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