Entercom: No plan to divest podcast acquisitions (à la Scripps)
In Entercom’s Q4 earnings call this week, podcasting was prominently referenced as part of the company’s digital initiatives. One investor asked whether selling off podcast acquisitions Cadence13 and Pineapple Street Studios might be in the future, if the acquisition value of those outfits exceeded their revenue potential. CEO David Field’s answer was definitive. Continue Reading