{"id":17798,"date":"2016-03-16T10:35:38","date_gmt":"2016-03-16T14:35:38","guid":{"rendered":"http:\/\/swling.com\/blog\/?p=17798"},"modified":"2016-03-16T10:35:38","modified_gmt":"2016-03-16T14:35:38","slug":"cbs-considering-the-sale-of-its-radio-division","status":"publish","type":"post","link":"https:\/\/swling.com\/blog\/2016\/03\/cbs-considering-the-sale-of-its-radio-division\/","title":{"rendered":"CBS considering the sale of its radio division"},"content":{"rendered":"
\"When<\/a>

When Charlie Chaplin allowed the world to hear his voice after twenty years of silent performance, he chose CBS\u00a0for the broadcast.<\/p><\/div>\n

(Source: LA Times<\/a>)<\/p>\n

CBS Corp. is poised to exit the radio business that it helped create.<\/em><\/p>\n

Eighty-eight years ago, the company’s founder, William S. Paley, bought the nascent Columbia Broadcasting System, and those radio stations became the nucleus of a budding broadcast empire.<\/em><\/p>\n

But on Tuesday, CBS Chairman and Chief Executive Leslie Moonves said the company was exploring strategic options, including a sale or spinoff, of its entire radio division.<\/em><\/p>\n

\u201cThe aim here is to unlock value for our shareholders,\u201d said Moonves, who made the announcement during an investor day in New York.<\/em><\/p>\n

The decision marks the end of an era and highlights the waning influence of commercial radio, which is no longer considered a growth industry. Young adults spend more time listening to digital music files, podcasts and subscription Internet radio services such as Spotify and Pandora. The shift has prompted major advertisers, including car dealerships, wireless phone companies and financial services firms, to steer more of their marketing dollars to digital platforms.<\/em><\/p>\n

Continue reading at the LA Times’ website…<\/a><\/i><\/p>\n","protected":false},"excerpt":{"rendered":"

(Source: LA Times) CBS Corp. is poised to exit the radio business that it helped create. Eighty-eight years ago, the company’s founder, William S. Paley, bought the nascent Columbia Broadcasting System, and those radio stations became the nucleus of a budding broadcast empire. But on Tuesday, CBS Chairman and Chief Executive Leslie Moonves said the […]<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[373,3781,3,288],"tags":[4097,625,3837,4851,4850,1584,1384,4099,18],"class_list":["post-17798","post","type-post","status-publish","format-standard","hentry","category-am","category-fm","category-news","category-radio-history","tag-am","tag-am-radio","tag-cbs","tag-cbs-radio","tag-columbia-broadcasting-system","tag-fm","tag-fm-radio","tag-mediumwave","tag-radio"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/pn3uc-4D4","jetpack-related-posts":[{"id":65671,"url":"https:\/\/swling.com\/blog\/2026\/03\/radio-waves-remembering-cbs-radio-taking-back-the-airwaves-women-led-radio-stations-russian-great-firewall-and-wlrh-audience-crisis\/","url_meta":{"origin":17798,"position":0},"title":"Radio Waves: Remembering CBS Radio, Taking Back the Airwaves, Women-Led Radio Stations, Russian Great Firewall, and WLRH Audience Crisis","author":"Thomas","date":"March 25, 2026","format":false,"excerpt":"Radio Waves:\u00a0 Stories Making Waves in the World of Radio Welcome to the\u00a0SWLing Post\u2019s Radio Waves, a collection of links to interesting stories making waves in the world of radio.\u00a0Enjoy! Many thanks to SWLing Post contributors Dennis Dura, NT, and Mark Pascoe for the following tips: Remembering CBS Radio\u2019s Beginnings\u2026","rel":"","context":"In "Broadcasters"","block_context":{"text":"Broadcasters","link":"https:\/\/swling.com\/blog\/category\/broadcasters\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2017\/10\/Marconi-Dial.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2017\/10\/Marconi-Dial.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2017\/10\/Marconi-Dial.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2017\/10\/Marconi-Dial.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":65638,"url":"https:\/\/swling.com\/blog\/2026\/03\/end-of-an-era-cbs-news-radio-shuttering-after-100-years\/","url_meta":{"origin":17798,"position":1},"title":"End of an Era: CBS News Radio Shuttering After 100 Years","author":"Thomas","date":"March 21, 2026","format":false,"excerpt":"Many thanks to SWLing Post contributor Richard Cuff, who shares the following article from The Guardian regarding a significant restructuring at CBS News. In a move described by editor-in-chief Bari Weiss as a \"necessary decision\" driven by a radical shift in the media landscape, the network has announced a major\u2026","rel":"","context":"In "AM"","block_context":{"text":"AM","link":"https:\/\/swling.com\/blog\/category\/am\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2026\/03\/CBS-Murrow.jpeg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2026\/03\/CBS-Murrow.jpeg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2026\/03\/CBS-Murrow.jpeg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2026\/03\/CBS-Murrow.jpeg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2026\/03\/CBS-Murrow.jpeg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":17972,"url":"https:\/\/swling.com\/blog\/2016\/03\/iheartmedia-may-collapse-under-debt-and-low-revenue\/","url_meta":{"origin":17798,"position":2},"title":"iHeartMedia may collapse under debt","author":"Thomas","date":"March 30, 2016","format":false,"excerpt":"(Source: MediaFire) At first glance, iHeartMedia looks like the model 21st century media conglomerate, truly a colossus with interests across media: owner of 858 radio stations; Clear Channel Outdoor, one of the world\u2019s largest outdoor companies; Premier Networks, the top U.S. radio network; and iHeartRadio, among the nation\u2019s top digital\u2026","rel":"","context":"In "AM"","block_context":{"text":"AM","link":"https:\/\/swling.com\/blog\/category\/am\/"},"img":{"alt_text":"iHeartMedia","src":"https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2016\/03\/iHeartMedia-300x300.png?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":51124,"url":"https:\/\/swling.com\/blog\/2021\/12\/guest-post-peters-fm-cb-update\/","url_meta":{"origin":17798,"position":3},"title":"Guest Post: Peter’s FM CB Update","author":"Thomas","date":"December 11, 2021","format":false,"excerpt":"Many thanks to SWLing Post contributor, Peter Laws, who shares the following guest post: Thomas - Still Famous by Peter Laws We're getting closer to the first legal FM CB on the market in the USA.\u00a0 President Electronics\u00a0 USA has announced that the President Thomas FCC CB radio will hit\u2026","rel":"","context":"In "CB"","block_context":{"text":"CB","link":"https:\/\/swling.com\/blog\/category\/cb\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2021\/12\/President-Barry-II-CB-FM.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":52794,"url":"https:\/\/swling.com\/blog\/2022\/05\/cbs-features-wrmis-ukraine-war-news-over-shortwave\/","url_meta":{"origin":17798,"position":4},"title":"CBS features WRMI’s Ukraine war news over shortwave","author":"Thomas","date":"May 23, 2022","format":false,"excerpt":"Many thanks to SWLing Post contributor, Kim Elliott, who shares the following report from CBS Weekend News: Florida residents broadcast Ukraine war news to Russian citizens (CBS Weekend News) A farm in central Florida has become one of the largest shortwave radio operations in the world. Using Cold War era\u2026","rel":"","context":"In "International Broadcasting"","block_context":{"text":"International Broadcasting","link":"https:\/\/swling.com\/blog\/category\/international-broadcasting\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2017\/03\/Kenwood-R-2000-Dial.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2017\/03\/Kenwood-R-2000-Dial.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2017\/03\/Kenwood-R-2000-Dial.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2017\/03\/Kenwood-R-2000-Dial.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":58658,"url":"https:\/\/swling.com\/blog\/2024\/01\/radio-waves-audacy-files-for-bankruptcy-wbcqs-ampegon-antenna-and-fm-drm-in-india\/","url_meta":{"origin":17798,"position":5},"title":"Radio Waves: Audacy Files for Bankruptcy, WBCQ’s Ampegon Antenna, and FM DRM in India","author":"Thomas","date":"January 10, 2024","format":false,"excerpt":"Radio Waves:\u00a0 Stories Making Waves in the World of Radio Welcome to the\u00a0SWLing Post\u2019s Radio Waves, a collection of links to interesting stories making waves in the world of radio.\u00a0Enjoy! Many thanks to SWLing Post contributors NT, Dennis Dura, Alan, and Rich Cuff for the following tips: WSJ Report: Audacy\u2026","rel":"","context":"In "Broadcasters"","block_context":{"text":"Broadcasters","link":"https:\/\/swling.com\/blog\/category\/broadcasters\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2023\/06\/Norelco-Dial-Angle-Dark-1.jpeg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2023\/06\/Norelco-Dial-Angle-Dark-1.jpeg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2023\/06\/Norelco-Dial-Angle-Dark-1.jpeg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2023\/06\/Norelco-Dial-Angle-Dark-1.jpeg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2023\/06\/Norelco-Dial-Angle-Dark-1.jpeg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/swling.com\/blog\/wp-json\/wp\/v2\/posts\/17798","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/swling.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/swling.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/swling.com\/blog\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/swling.com\/blog\/wp-json\/wp\/v2\/comments?post=17798"}],"version-history":[{"count":0,"href":"https:\/\/swling.com\/blog\/wp-json\/wp\/v2\/posts\/17798\/revisions"}],"wp:attachment":[{"href":"https:\/\/swling.com\/blog\/wp-json\/wp\/v2\/media?parent=17798"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/swling.com\/blog\/wp-json\/wp\/v2\/categories?post=17798"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/swling.com\/blog\/wp-json\/wp\/v2\/tags?post=17798"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}