Terrestrial radio is a thing of the past. The only reason that any of these large corporate radio station survive is because the FCC requires them to maintain their towers giving them the ability to keep radio stations running even if they don't make profits. With creative bookkeeping these companies have managed to stay afloat by not paying their employees any overtime or offering any benefits to 90% of their staff. Recently CBS merged with the entercom and saved millions of dollars in tax benefits all the while paying their staff poverty wages. The future of CBS Radio: bankruptcy!
I know that the Radio Representative Division was cut several years ago. Unfortuately, Radio as well as Television jobs aren't the same as they used to be. There is so much competition with various entertainment sites that I don't know where the industry is heading.
Answered - Office Manager (Former Employee) - Hollywood, CA
Solid company, expanding due to upcoming merger with Entercom. Although radio advertising doesn't dominate as it once did, CBS Radio seems to keep ahead of the pack and pushes to broaden their scope of business to make it attractive to advertisers.
Answered - Assistant Controller (Current Employee) - Southfield, MI
It's being sold and will soon no longer be CBS Radio.
Answered - Promotions Assistant (Former Employee) - Los Angeles, CA
Not good. potential for liquidation of company without warning.
Answered - Promotions Assistant (Current Employee) - Culver City, CA