etm industry broadcasting founded 1968 headquarters bala cynwyd pennsylvania key people david field ceo website www.entercom.com entercom is an american broadcasting company based in bala cynwyd pennsylvania . founded in 1968 it is the fourth largest radio company in the united states owning more than 125 radio stations across 27 media markets . contents 1 history 2 brands 3 see also 4 references history edit joseph m. field founded entercom on october 21 1968 on the conviction that fm broadcasting then in its infancy would eventually surpass am broadcasting as the leading radio band . during the 1990s the federal communications commission s regulations on the ownership of multiple radio stations were eased beginning with the introduction of duopoly rules which allowed a company to own two stations in each radio band . entercom took advantage of the change to expand its presence in the markets where it already operated . in 1994 the company sold two of its stations 1 and in april 1995 paid 24.5 million for three stations in portland oregon acquiring kgon a classic rock station ; kfxx an all sports station ; and kmuz fm a modern rock station . citation needed at that time david field an m.b.a. from the wharton school of the university of pennsylvania 2 was the vp of operations and cfo . over the years field has been frequently interviewed in billboard magazine about various radio industry topics ; 3 4 he would later take on the role of ceo at entercom . 1 in 1999 entercom purchased the 43 radio stations of sinclair broadcast group which was exiting radio to focus on television for 821.5 million in cash . 5 it was entercom s largest deal to date 6 the deal included 46 radio stations in nine markets kansas city mo. ; milwaukee ; new orleans ; memphis tenn. ; buffalo n.y. ; norfolk va. ; scranton ; and wilkes barre . and more than doubled both the number of stations under the company s control and the number of markets in which it had stations . the acquisition made entercom the fifth largest radio broadcaster in the united states with 88 stations in 17 markets . 6 7 the company at that time was still 95 % family owned . 8 that year entercom announced that it would direct its radio stations not to play songs that promoted violence . 9 10 in 2000 the company suffered financial losses . 11 on august 21 2006 entercom agreed to buy 15 mid market stations from cbs radio . locations included austin texas ; cincinnati ohio ; memphis tennessee ; and rochester new york . 12 however due to ownership limitations set by the fcc entercom had to sell off three of its stations in the rochester market ; these were acquired by stephens media group . 13 after its purchases in the cincinnati market the company quickly sold its stations there to bonneville broadcasting and cumulus media and exited the market . a year later entercom was investigated and fined 4.45 million by the fcc for engaging in payola . 7 14 15 16 in may 2014 entercom announced its launch of smartreach digital focused on creating digital marketing options for small and medium businesses . on december 8 2014 entercom announced its intent to acquire lincoln financial media for 110 million and working capital ; the deal will give the company 14 additional stations in atlanta denver miami and san diego . to comply with ownership limits in the denver market as they can only own 5 fms and 3 ams in one market due to its ownership of am kezw and fm outlets kqmt kosi and kalc entercom divested one of lincoln financials three fm properties sports outlet kkfn to a trust that will in turn spin off the station to a third party ; the four remaining lincoln financial denver stations ams krwz and kepn ; fms kygo and kqks would become entercom properties and retain their current formats . 17 in july 2015 entercom entered into an exchange agreement with bonneville under which entercom exchanged four stations in denver for classic rock station the sound in los angeles and 5 million in additional consideration . the stations entercom exchanged with bonneville included kosi fm kygo fm kkfn fm and kepn am . entercom previously owned kosi fm while the remaining stations were acquired through the acquisition of lfm . entercom and bonneville began operating the exchanged stations under tbas once the lfm transaction was completed . closing of the bonneville entercom exchange is subject to fcc approval and other customary closing conditions . entercom expects the bonneville transaction to close by the fourth quarter of 2015 . 18 brands edit in addition to entercom s 125 radio stations entercom operates multiple brands focused on different aspects of consumer lifestyle vague including 1thing entercom s sustainability initiative and getmyperks entercom s ecommerce platform . see also edit list of radio stations owned by entercom communications references edit a b entercom growth slow steady . eric boehlert 21 january 1995 . billboard . nielsen business media inc. pp. 71 . issn 0006 2510 . david j. field executive profile & biography businessweek . just how standardized are today s radio stations nielsen business media inc. 2 august 2003 . billboard . nielsen business media inc. pp. 6 . issn 0006 2510 . lively debate at nab confab . nielsen business media inc. 28 september 2002 . billboard . nielsen business media inc. pp. 66 . issn 0006 2510 . frank hoffmann ; jack m. dempsey ; martin j manning 6 december 2012 . sports talk radio in america its context and culture . routledge . pp. 165 . isbn 978 1 136 42891 3 . a b entercom inks sinclair radio deal . philidelphia business journal aug 2 1999 a b peter stanwick ; sarah stanwick 20 february 2013 . understanding business ethics . sage publications . pp. 381 . isbn 978 1 4833 2309 1 . william a. richter 2006 . radio a complete guide to the industry . peter lang . pp. 243 . isbn 978 0 8204 7633 9 . nielsen business media inc. 10 july 1999 . billboard . nielsen business media inc. pp. 85 . issn 0006 2510 . w. james potter 2003 . the 11 myths of media violence . sage publications . pp. 226 . isbn 978 0 7619 2735 8 . entercom stock declines with loss elizabeth a. rathbun . in broadcasting and cable . cahners publishing company . january 2000 . p. 48 . entercom to buy cbs radio stations entercom sells three in rochester ny radio ink may 1 2008 christopher h. sterling ; cary o dell 12 april 2010 . the concise encyclopedia of american radio . routledge . pp. 556 . isbn 978 1 135 17684 6 . t. barton carter ; marc a. franklin ; jay b. wright 2008 . the first amendment and the fifth estate regulation of electronic mass media . foundation press . p. 329 . isbn 978 1 59941 227 6 . wayne overbeck ; genelle belmas 11 august 2011 . major principles of media law 2012 edition . cengage learning . pp. 495 . isbn 978 1 133 70899 5 . entercom swallows lincoln financial media . denver post . retrieved 20 december 2014 . http www.bizjournals.com philadelphia news 2015 07 22 entercom completes acquisition of lincoln national.html v t e entercom am radio stations kcsp kezw kfh kfxx kifm kjce kmbz kmtt knss kwod kyys waxy wben wbzu weal weei wgr wilk wkzn wmc wmfs word wpet wqxi wrko wroc wssp wvei wwkb wwl wwwl wwws wxnt wyrd fm radio stations k242cc kalc kamx kblx fm kbzt kdgs kdnd keyn fm kfbz kgmz kgon khtp kisw kkdo kkmj fm kkwf kmbz fm kndd knrk knss fm koit kqks kqmt kqrc fm krbq krbz krsk krxq kseg kson ksoq fm kswd kudl kufx kwjj fm kxsn kych fm kzpt waaf wbee fm wbza wcmf fm wdaf fm weei fm wezb wfbc fm wggi wggy wilk fm wjmh wkaf wkbu wkrf wkrz wkse wktk wlfp wlkk wlmg wlyf wmc fm wmfs fm wmhx wmmm fm wmqx wmxj wmyx fm wntr wnvz wolx fm wpaw wpte wpxy fm wqmg wroq wrvr wsfs wsky fm wsmw wspa fm wstr wtpt wtss wvei fm wvkl wwde fm wwei wwl fm wxss wyrd fm wzpl retrieved from https en.wikipedia.org w index.php title entercom & oldid 743758844 categories companies listed on the new york stock exchangecompanies based in montgomery county pennsylvaniaradio broadcasting companies of the united statesentercom radio stationsamerican companies established in 19681968 establishments in pennsylvaniahidden categories all articles with unsourced statementsarticles with unsourced statements from september 2013all wikipedia articles needing clarificationwikipedia articles needing clarification from may 2016 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages deutsch edit links this page was last modified on 11 october 2016 at 03 10 . text is available under the creative commons attribution sharealike license ; 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