This article is about the radio group. For the radio network, see CBS News Radio.
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CBS Radio Inc.
Formerly
Infinity Broadcasting (1997–2005)
Company type
Subsidiary
Industry
Radio broadcasting
Predecessor
Infinity Broadcasting Westinghouse Broadcasting
Founded
1928; 96 years ago (1928) (Foundation of CBS) 1997; 27 years ago (1997) (relaunched as Infinity Broadcasting) 2005; 19 years ago (2005) (relaunched as CBS Radio)
Defunct
November 17, 2017; 6 years ago (November 17, 2017)
Fate
Acquired by Entercom (now Audacy, Inc.)[1]
Successor
Entercom (now Audacy, Inc.)[1]
Headquarters
345 Hudson Street New York City, N.Y. 10014
,
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.
^ abcEntercom Communications Corp. (November 16, 2017). "Form 8-K". Securities and Exchange Commission. Retrieved November 17, 2017.
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