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Entercom Communications Corp (ETM.N)

ETM.N on New York Stock Exchange

5.83USD
18 Mar 2019
Change (% chg)

$-0.24 (-3.95%)
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$6.07
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$5.83
Volume
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Latest Key Developments (Source: Significant Developments)

Entercom Communications Corp Q4 Loss Per Share $2.80
Friday, 22 Feb 2019 

Feb 22 (Reuters) - Entercom Communications Corp ::ENTERCOM COMMUNICATIONS FOURTH QUARTER NET REVENUES RISE 4% AND PRO FORMA ADJUSTED EBITDA INCREASES 27%.Q4 LOSS PER SHARE $2.80.Q4 REVENUE ROSE 4 PERCENT TO $411.4 MILLION.QTRLY ADJUSTED EARNINGS PER SHARE $0.35.QTRLY TOTAL OPERATING EXPENSE WAS $789.0 MILLION, INCLUDING NON-CASH IMPAIRMENT CHARGE OF $465 MILLION.  Full Article

Entercom To Acquire Nash FM 94.7 In New York
Thursday, 14 Feb 2019 

Feb 13 (Reuters) - Entercom Communications Corp ::ENTERCOM ENTERS INTO DEFINITIVE EXCHANGE AGREEMENT TO ACQUIRE NASH FM 94.7 IN NEW YORK AND TWO STATIONS IN SPRINGFIELD, MA.ENTERCOM COMMUNICATIONS CORP - TRANSACTION IS IMMEDIATELY ACCRETIVE TO ENTERCOM..ENTERCOM COMMUNICATIONS CORP - PARTIES WILL BEGIN PROGRAMMING RESPECTIVE STATIONS BEING ACQUIRED UNDER LOCAL MARKETING AGREEMENTS ON FRIDAY, MARCH 1.  Full Article

Cumulus Media Announces Two Strategic Portfolio Optimization Transactions
Thursday, 14 Feb 2019 

Feb 13 (Reuters) - Cumulus Media Inc ::CUMULUS MEDIA ANNOUNCES TWO STRATEGIC PORTFOLIO OPTIMIZATION TRANSACTIONS.CUMULUS MEDIA INC - SELLING SIX STATIONS TO EDUCATIONAL MEDIA FOUNDATION FOR $103.5 MILLION;.CUMULUS MEDIA INC - NET PROCEEDS TO PAY DOWN DEBT AND REINVEST IN GROWTH OPPORTUNITIES.CUMULUS MEDIA INC - EMF WILL ACQUIRE ALL TRANSMISSION EQUIPMENT AND ASSUME ALL TOWER LEASES ASSOCIATED WITH STATIONS.CUMULUS MEDIA INC - UNDER TERMS OF SWAP AGREEMENT WITH ENTERCOM, CUMULUS WILL RECEIVE WNTR-FM, WXNT-AM, AND WZPL-FM IN INDIANAPOLIS.CUMULUS MEDIA INC - UNDER TERMS OF SWAP AGREEMENT WITH ENTERCOM AND ENTERCOM WILL RECEIVE WNSH-FM (NEW YORK, NY) AND WMAS-FM AND WHLL-AM.CUMULUS MEDIA - RELATED TO SWAP AGREEMENTS, EACH PARTY TO COMMENCE LOCAL MARKETING AGREEMENT TO PROGRAM OTHER PARTY'S STATIONS BEGINNING ON MARCH 1.  Full Article

Entercom Communications Announces Content Distribution Agreements With CNN And Bloomberg Media
Thursday, 7 Feb 2019 

Feb 7 (Reuters) - Entercom Communications Corp ::ENTERCOM COMMUNICATIONS CORP - ANNOUNCED CONTENT DISTRIBUTION AGREEMENTS WITH CNN AND BLOOMBERG MEDIA.  Full Article

Entercom Communications Corp Reports Q2 Earnings Per Share $0.01
Wednesday, 8 Aug 2018 

Aug 8 (Reuters) - Entercom Communications Corp ::ENTERCOM COMMUNICATIONS CORP. REPORTS SECOND QUARTER RESULTS.Q2 EARNINGS PER SHARE $0.01.Q2 REVENUE $372.1 MILLION VERSUS $125 MILLION.Q2 EARNINGS PER SHARE VIEW $0.25 -- THOMSON REUTERS I/B/E/S.ENTERCOM COMMUNICATIONS - EXPECT TO BE ABLE TO REDUCE CO'S LEVERAGE FROM CO'S AS REPORTED LEVERAGE AS OF JUNE 30 BY ABOUT HALF TURN BY END OF THIS YEAR.  Full Article

Entercom Communications To Buy 101.1 MORE FM (WBEB-FM) in Philadelphia
Thursday, 19 Jul 2018 

July 19 (Reuters) - Entercom Communications Corp ::ENTERCOM ENTERS INTO DEFINITIVE AGREEMENTS TO ACQUIRE WBEB-FM 101.1 MORE FM AND DIVEST WXTU-FM 92.5 FM IN PHILADELPHIA.ENTERCOM COMMUNICATIONS CORP- DEAL TO BUY 101.1 MORE FM FROM JERRY LEE RADIO IN PHILADELPHIAFOR $57.5 MILLION IN CASH.ENTERCOM COMMUNICATIONS CORP - TO DIVEST 92.5 XTU (WXTU-FM) IN PHILADELPHIA, PA TO BEASLEY BROADCAST GROUP FOR $38.0 MILLION IN CASH.ENTERCOM COMMUNICATIONS CORP - TRANSACTIONS ARE IMMEDIATELY ACCRETIVE TO ENTERCOM AND ARE LEVERAGE NEUTRAL.ENTERCOM COMMUNICATIONS CORP - LOCAL MARKETING AGREEMENT FOR WXTU WILL BEGIN MONDAY, JULY 23.  Full Article

Entercom Communications Corp Reports Q1 Loss Per Share $0.10
Tuesday, 8 May 2018 

May 8 (Reuters) - Entercom Communications Corp ::REPORTS FIRST QUARTER RESULTS.Q1 LOSS PER SHARE $0.10.Q1 REVENUE $300.6 MILLION VERSUS $99 MILLION.ANNOUNCED LAUNCH OF ENTERCOM AUDIO NETWORK.  Full Article

Entercom Communications Announces Consent Solicitation for 7.250% Senior Notes Due 2024
Friday, 1 Dec 2017 

Dec 1 (Reuters) - Entercom Communications Corp ::ENTERCOM COMMUNICATIONS CORP. ANNOUNCES CONSENT SOLICITATION FOR 7.250% SENIOR NOTES DUE 2024.ENTERCOM COMMUNICATIONS CORP- UNIT WILL MAKE CASH PAYMENT OF $5.00 PER $1,000 IN AGGREGATE PRINCIPAL AMOUNT OF NOTES.ENTERCOM COMMUNICATIONS CORP - ‍CONSENT SOLICITATION WILL EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON DECEMBER 8, 2017​.  Full Article

Entercom and Philadelphia Eagles extend partnership
Wednesday, 22 Nov 2017 

Nov 22 (Reuters) - Entercom Communications Corp ::Entercom and Philadelphia Eagles announce extended multi-platform partnership.Says ‍co, Philadelphia Eagles announced 7-year deal to extend 25 year partnership with sportsradio 94.1 beginning with 2018 NFL season​.Says ‍agreement also includes rights to stream Entercom broadcast & advertising on Eagles mobile app within Philadelphia​.  Full Article

ENTERCOM COMMUNICATIONS ‍ANNOUNCES LAUNCH OF ENTERCOM AUDIENCE ANALYTICS​
Saturday, 18 Nov 2017 

Nov 17 (Reuters) - Entercom Communications Corp ::ENTERCOM COMMUNICATIONS CORP - ‍ANNOUNCED LAUNCH OF ENTERCOM AUDIENCE ANALYTICS​.  Full Article