Field noted — twice — how Entercom "extricated ourselves from the USTN
The new CEO of the company said the potential market, combined with the ability to leverage deep relationships with broadcast partners, has positioned USTN
to assume a renewed leadership position in the industry.
letter also noted that Barakat, a second-year dental student at UNC, and 10 local dentists and faculty from the UNC School of Dentistry were planning a trip this summer to Hatay's Reyhanly district to provide dental care to Syrian refugees.
Now, Beasley Media Group has been negatively impacted by USTN
, resulting in bad debt expense.
says it has commenced an orderly wind-down of its radio business under the supervision of independent liquidating agent Gavin/Solmonese LLC .
The shift from USTN
to TTWN by Cumulus, which follows a highly publicized row and legal challenge presented by USTN
to Entercom Communications , appears to have been a fatal blow to USTN
's efforts in the radio industry.
matters are now in the past, although pending litigation is in the forecast.
has named a veteran network radio executivewith leadership roles at Westwood One and Shadow Broadcast Services/Metro Networks as its new COO.
A $12 million ding in Q1 due to problems at US Traffic Network (USTN
) is a big reason for the stock swoon.
The biggest declines came from DISH Network, which missed the Street's Q1 revenue estimates, and Entercom, which suffered from soft ad market conditions and the disappearance of some $12 million in revenue tied to USTN
The Company will continue to do business as USTN
; Fair & Equal LLC , based in Texas, is the entity officially leading the buyout of USTN
from its former Australian parent.
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