CBS Radio

General Information
Business:

CBS Radio is a large-market focused, multi-platform national media company with a local footprint of 117 radio stations and digital properties in 26 radio markets, including all of the top 10 radio markets and 19 of the top 25 radio markets. We focus on three areas of content: Sports, News and Music & Entertainment. Our radio portfolio includes many of the leading radio stations in the United States, including the most listened-to Sports (WFAN in New York), News (1010 WINS in New York) and Alternative Rock (KROQ in Los Angeles) radio stations. We own the #1- or #2-rated local Sports radio station and the #1-rated All-News radio station in each of the markets in which we program these formats. Our radio stations reached an audience of more than 65 million people per week in 2015, making us the second largest radio group in the United States as measured both by audience and by revenue.

Industry: BROADCASTING
Employees: 3800
Founded: 1928
Contact Information
Address 1271 Avenue of the Americas, Fl. 44, New York, NY 10020, US
Phone Number (212) 649-9600
Web Address http://www.cbsradio.com
View Prospectus: CBS Radio
Financial Information
Market Cap
Revenues $1217.5 mil (last 12 months)
Net Income $-108.5 mil (last 12 months)
IPO Profile
Symbol CBSR
Exchange NYSE
Shares (millions): 0.0
Price range $0.00 - $0.00
Est. $ Volume $100.0 mil
Manager / Joint Managers Goldman Sachs/ BofA Merrill Lynch/ Credit Suisse/ Wells Fargo Securities
CO-Managers Citigroup/ Deutsche Bank Securities/ Jefferies/ J.P. Morgan/ RBC Capital Markets/ Barrington Research/ Loop Capital Markets/ Macquarie Capital/ Needham/ Nomura/ MUFG/ BNP PARIBAS/ BNY Mellon Capital Markets/ Mizuho Securities/ SOCIETE GENERALE/ SMBC Nikko/ TD Securities/ Drexel Hamilton/ Lebenthal Capital Markets/ Ramirez/ The Williams Capital Group, L.P.
Expected To Trade:
Status: TBA
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change