[NJARC] CBS Selling Off Radio

[Retevis]

Truly sad news. They are trying to sell it as "unlocking shareholder value." I remember that excuse when they took a knife to the old ATT AFTER the spinoff of the individual operating companies. They cut themselves to oblivion. 

I would like to see a company take an asset like this one and find an innovative way to make it work. You cannot grow by cutting parts of your business, only by innovating and reinvigorating it. 

Best wishes. 
Bob Tevis


Sent from Bob's iPhone

> On Mar 16, 2016, at 4:01 PM, Joe Giliberti <starbase89 at gmail.com> wrote:
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> This sucks. I listen to 880 almost every day.
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> http://www.latimes.com/entertainment/envelope/cotown/la-et-ct-cbs-announces-cbs-radio-sale-20160315-story.html
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