Entercom Commences TBA for 101.1 MORE FM (WBEB-FM) in Philadelphia
August 10 2018 - 8:00AM
Business Wire
Entercom Communications Corp. (NYSE: ETM), a leading media and
entertainment company and one of the two largest radio broadcasters
in the U.S., today announced that the Company and Jerry Lee Radio,
LLC have commenced a Time Brokerage Agreement (“TBA”) with respect
to 101.1 MORE FM (WBEB-FM) in Philadelphia, PA. The TBA was
effective August 9 and follows the Company’s recent
announcement of its agreement to acquire WBEB-FM. As previously
announced, Beasley and Entercom commenced a Time Brokerage
Agreement with respect to WXTU(FM) in Philadelphia, PA.
“I am excited to welcome WBEB, one of the country’s most
recognized and awarded stations, to our portfolio of Philadelphia
radio stations,” said David Yadgaroff, Senior Vice President and
Market Manager, Entercom Philadelphia. “The addition of WBEB will
be a great complement to our lineup that already includes KYW
Newsradio 1060, SportsRadio 94WIP, 96.5 TDY FM, 98.1 WOGL and Talk
Radio 1210 WPHT.”
The purchase of WBEB-FM is expected to close by the end of the
third quarter of 2018.
CONTACT:
About Entercom Communications Corp.
Entercom Communications Corp. (NYSE: ETM) is a leading American
media and entertainment company reaching and engaging over 100
million people each week through its premier collection of highly
rated, award winning radio stations, digital platforms and live
events. As one of the country’s two largest radio broadcasters,
Entercom offers integrated marketing solutions and delivers the
power of local connection on a national scale with coverage of
close to 90% of persons 12+ in the top 50 markets. Entercom is the
#1 creator of live, original, local audio content and the nation’s
unrivaled leader in news and sports radio. Learn more about
Philadelphia-based Entercom at www.entercom.com, Facebook and
Twitter (@Entercom).
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version on businesswire.com: https://www.businesswire.com/news/home/20180810005090/en/
EntercomEsther-Mireya Tejeda,
212-649-9686Esther-Mireya.Tejeda@Entercom.com@EntercomPR
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