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http://www.bostonsportsmedia.com/shots/
August 16, 2007
Entercom Trumps D&C Option
By David Scott
Boston Sports Media Watch
In what can only be described as an odd turn of events, Entercom announced late this afternoon that it is entering into a partnership with Nassau Broadcasting which will effectively create the very sports talk network that John Dennis and Gerry Callahan were thinking they would be a part of as a challenger to WEEI.
Instead, 'EEI's parent company and Nassau have agreed to use a group of 11 Nassau stations to expand WEEI's reach into all sections of New England. WCRB 99.5 will remain as a classical station under the agreement. The deal is in the "Letter of Intent" stage and will likely need to gain approval at various levels, but it basically makes WEEI an even stronger entity - with or without its morning duo of D&C.
The news can not bode well for the D&C venture capital deal which Shots reported on this morning, as that package appeared to be contingent on having the syndicate of stations from Cape Cod to the Canadian border.
The only option for D&C may be to take whatever package Entercom is offering and they may need to do so quickly.
• The big winner in all of this is Nassau, which gets to ride the wave of success that Entercom has developed and the big loser(s) will be 890 ESPN and 1510 WWZN, neither of which has been able to compete with WEEI as its currently constructed, never mind a new incarnation that stretches through the five states of Massachusetts, Maine, Vermont, New Hampshire and Rhode Island.
• The text of the press release from Regan Communications is as follows:
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