NYC Radio Faces Possible Sale, Neglected Format Launch
Two news reports on New York City radio: First, CBS boss Les Moonves is "open to a sale of the [CBS Radio] station group as he looks to reduce the company’s reliance on advertising and shed
slower growth businesses," according to sources cited by New York Post reporters.
And today Cumulus launched "Nash 94.7" -- WRXP, New York City's first country music radio station in 17 years. "Past country stations in New York have had the highest listenership of any country station in America, simply because the total pool of listeners in New York is so much larger than in the country-intense markets of the heartland," writes David Hinckley.