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"Weeks after rollout, Montgomery County public safety radios found to be defective - NORRISTOWN >> Weeks after the first radios were distributed in Montgomery County’s $36.6 million public safety radio upgrade project, officials began to realize there was a problem.", www.montgomerynews.com
"CBS has committed itself to an initial public offering of its radio division — but that doesn’t have to shut out outside buyers. CBS Radio is expected to file a registration statement by the end of the month, the broadcaster said in a regulatory filing on Wednesday. In mid-March, Chief Executive Les Moonves announced that CBS would unload the underperforming division, which features nationally syndicated host Carson Daly. As the country’s third-largest radio group, CBS Radio recorded a 2 percent sales dip for the most recent quarter — a drag on the 10 percent increase for CBS as a whole. Because it acquired so many assets at decades-old prices, CBS Radio is seeking a tax-effective separation. Tax-expert Robert Willens predicted a two-part split-off — one kicked off by the sale of 20 percent of CBS Radio shares, followed by an exchange-ratio swap with CBS shares for the reminder. This would not only deliver a tax-free IPO but accommodate", nypost.com
"From Yahoo Finance: INDIANAPOLIS, July 6, 2016 /PRNewswire/ -- On July 1, 2016 the NextRadio® app went live in the Google Play store in Canada allowing over a million consumers with FM radio compatible smartphones to download the app. 'Our initial broadcaster partners in Canada are very excited about the value NextRadio brings to their listeners, as well as, the new radio advertising platform and data NextRadio can provide their advertisers', said Paul Brenner, President, TagStation, LLC, the power behind NextRadio.", finance.yahoo.com
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