This will reduce CBSs outstanding shares. Work: Entercom Communications CORP - Chief Executive Officer. 26 Feb Feb According to the memo, which was obtained by RadioInsight.com, full-time Entercom staffers that make more than $50,000 per year will be required to take pay cuts from 10-20 percent. As part of the company's merger with CBS Radio, Entercom acquired Radio.com, Eventful, and play.it. Jan 17, 2012 #1 So what do you think of David Field's email. Sutor joined Audacy (then Entercom) in 2002 as the Vice President and Corporate Counsel and was elevated to his current role as the Executive Vice President and General Counsel in 2017. The deal more than doubled both the number of stations under the company's control, and the number of markets in which it had stations. . Mr. Field owns over 1,929 units of Entercom Communications Corp stock worth over $7,460,114 and over the last 19 years he sold ETM stock worth over $9,332,093. Oct 30, 2018. We recommend you to check the complete list of Famous People born on 6 June. Field has received numerous civic and professional awards, including the National Association of Broadcasters National Radio Award in 2017. Audacy is a leading multi-platform audio content and entertainment company with the countrys best collection of local music, news and sports brands, a premium podcast creator, major event producer, and digital innovator. The largest trade he's ever made was buying 248,071 units of Entercom Communications Corp stock on 18 September 2020 worth over $352,261. Entercom President & CEO David Field had the honor of ringing the closing bell at the New York Stock Exchange on Monday, November 20 to celebrate the company's recent transformational merger with CBS Radio. Last updated: 1 March 2023 at 11:00am EST. [11][12], On August 21, 2006, Entercom agreed to buy 15 mid-market stations from CBS Radio. [53], On February 2, 2017, Entercom announced that it had agreed to merge with CBS Radio. Benedik has held strategic advisory roles for Audible, an Amazon company, and Targetspot, a division of Audio Valley. In this role, Larkin leads operations for the companys entire portfolio. Over the last 20 years, insiders at Entercom Communications Corp have traded over $17,168,292 worth of Entercom Communications Corp stock and bought 11,631,502 units worth $75,255,369 The Audacy app, formerly known as Radio.com, is an integrated digital platform offering over 230 locally programmed radio stations and their websites. [89], Pineapple Street Studios is a podcast studio based in Brooklyn, New York. Jeff Blumenthal over at the Philadelphia Business Journal has a good story up on their site right now, an interview with Entercom CEO David Field, who now oversees the former CBS radio station cluster from new digs at 2400 Market Street. [54] On November 1, 2017, Entercom announced a settlement with the Department of Justice, which allowed their merger with CBS Radio. One of the cases which was triggered by an "Anti-trust/Trade Regulation" and pure negligience from the Entercom legal team especially Peter Gould who . [61] Later that day, Entercom would switch WBMP in New York to alternative. In that role, he oversaw global brand strategy, advertising, digital marketing, social media, content and research marketing and business development marketing. The Entercom layoffs also hit the world of Bay Area rock radio, with longtime Live 105/Alt 105.3-FM DJ and music icon Aaron Axelsen also being let go. [10][16][17][18], In 2007, Entercom station KDND was sued after a participant in a "Hold Your Wee For a Wii" contest held by the station's morning show died of water intoxication. Also let go was sports reporter Bruce . She was elevated to her current role in 2019. The most recent stock trade was executed by Louise C Kramer on 12 March 2021, trading 150,000 units of ETM stock currently worth $915,000. 277 Ratings. Audacy engages 200 million consumers each month, bringing people together around audio content that matters to them. In 2009, Field made his directorial debut with The Combination. She holds a patent in the ad tech space. [72] As part of the deal, FanDuel promotions and betting odds would be aired on Entercom stations. Larkin earned a Bachelor of Arts degree in Communications and Broadcasting from Oswego State University in New York. "Our name no longer fit who we were, or where we were headed . [65][66] The company also has partnerships with additional professional teams including the New York Yankees, Boston Red Sox, Dallas Cowboys and Detroit Red Wings. Dee actively fundraises for cancer research and treatment and founded the Dolphins Cancer Challenge that has raised more than $27.5 million for the University of Miamis Sylvester Cancer Center through cycling events. David Scott Field Lives in Glen Allen, VA. Flex/Ex view demonstrated Gr 1 instability. Both companies began operating their newly acquired stations via LMA on March 1;[35] the swap was completed on May 13, 2019. Entercom employees who earn more than $50,000 a year will be forced to take a 10% to 20% pay cut, David Field, Entercom CEO, said in the memo. In a city with such a rich media history, it seems like a lost opportunity to join . He began his career as a producer at KCAL/KCBS Television in Los Angeles, and has developed and produced programming across genres from daytime talk shows to news magazines, late-night television, and reality, investigative, and live events formats. Mike Dee is the President of Sports of Audacy. Just weeks after announcing a partnership with FanDuel, Entercom acquired sports data and iGaming affiliate platform QL Gaming Group in an all-cash deal for approximately $32 million. [8] It was Entercom's largest deal to date. President and CEO David Field states, "Entercom continues to deliver strong and consistent. In the spring of 2001, the new . FIELD, DAVID BALA CYNWYD, PA 19004: Entercom Communications Corporation/President & Ceo: $2,600: 09/04/2014: G: NUNN FOR SENATE INC - Democrat: FIELD, DAVID B . . In this role, Foss provided strategic direction and oversight for the design, development, acquisition, operation and support of the Companys enterprise technology systems and programs. Schmaeling earned a Bachelor of Science degree in accounting, magna cum laude, from Rutgers University and is a certified public accountant. She also supported clients in achieving their objectives by advising on advertising efficiency based on media effectiveness, optimization, and targeting exercises. xkoF9"/>$mhkr(~Pdb,>$wmK^_r3;]mI?>_/>.Wv:tqvvw0Y UeW{IE2.eeSM} Prior to joining Audacy, Suchman served as Global Chief Marketing Officer for CBRE, the worlds largest commercial real estate services and investment firm and a leading Fortune 500 company. [28], On Suicide Prevention Day in 2017 Entercom launched Im Listening, a program dedicated to ending the stigma of talking about Mental Health. Newhouse School of Public Communications at Syracuse University, and a Bachelors degree in English from Syracuse University. Cakim played an integral role in transferring big data from metered television, digital and radio panels into meaningful business assets for brands across the U.S., Japan and China. In the split-off, CBS will offer its Class B common stockholders the option to exchange their shares for shares of Radio Common Stock which will immediately be exchanged for shares of Entercom Class A common stock. He also serves as the chairman of the board of directors for Bostons Pan Mass Challenge, the nations largest athletic fundraising event, which has raised over $650 million. TimesMachine is an exclusive benefit for home delivery and digital subscribers. Field earned a Bachelor of Arts degree in economics from Amherst College and a Master of Business Administration degree from the Wharton School at the University of Pennsylvania. Schmaeling also served as the Vice President of Finance at Dow Jones, where he managed the financial planning, analysis, general accounting and transaction processing services for nine business units worldwide. David Fielder - General Manager, Operation - CPC Engineering. Field has served as Audacy's (then Entercom) CEO since 2002 and its President since 1998. Audacy is a leading multi-platform audio content and entertainment company with the countrys best collection of local music, news and sports brands, a premium podcast creator, major event producer, and digital innovator. The announcement is that Entercom is changing their name from Entercom to Audacy. z8]=,yk{Ul-n]65z}/VZ~YV Prior to that role, she was General Manager, Ad Tech for Imagine Communications, a market leader in advertising optimization and video infrastructure. He oversees internal and external communications, including business and industry media relations; public relations for the companys local radio stations and podcast networks; national event publicity; financial communications; crisis communications and corporate reputation management; and executive visibility. Field holds the position of Chairman, President & Chief Executive Officer for Audacy, Inc. and President, Chief Executive Officer & Director at Entercom, Inc. and President & Director at Audacy Capital Corp. (both are subsidiaries of Audacy, Inc.). View popular celebrities life details, birth signs and real ages. He also co-founded and served as the Senior Vice President of CBS Brand Studio, an in-house digital video and branded content studio that developed, produced and distributed original content for dozens of leading national brand advertisers and streaming services, as well as many of the companys owned and operated television brands across the entertainment, news, lifestyle, and health and wellness categories. 44% of employees would recommend working at Entercom to a friend and 34% have a positive outlook for the business. The deal closed in January 2017 and WBT AM/FM, WLNK-FM and WFNZ-AM joined Entercom. Brian Benedik joined Audacy in November 2021 from Niantic, an AR developer platform and real-world gaming publisher, where he served as VP/Global Head of Revenue. Audacy is a leading multi-platform audio content and entertainment company with the countrys best collection of local music, news and sports brands, a premium podcast creator, major event producer, and digital innovator. Prior to joining Audacy (then Entercom) in 2017, Schmaeling served as the Chief Financial Officer at Travel Leaders Group, the largest travel agency company in the United States. David J. On August 3, 2018, Entercom announced that Bonneville would buy all eight stations for $141 million, which the company had been operating under LMA since after the merger with CBS Radio. He is a three-time recipient of Institutional Investor Magazines Best CEOs in America and a two-time recipient of Radio Ink Magazines Radio Executive of the Year Award. 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