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MarketScreener Homepage  >  Equities  >  Nyse  >  Entercom Communications Corp.    ETM

ENTERCOM COMMUNICATIONS CORP.

(ETM)
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Entercom Communications : Mumford & Sons, Vampire Weekend, Cage the Elephant Hit the Stage for RADIO.COM's "Not So Silent Night," Hosted by ALT 92.3 in New York - Entercom Communications

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12/06/2019 | 04:09am EST

PHILADELPHIA, PA - - Entercom, a leading media and entertainment company and one of the two largest radio broadcasters in the U.S., held "Not So Silent Night," a RADIO.COM event, in New York on December 5 at Barclays Center. The sold-out show, hosted by ALT 92.3 (WNYL-FM), New York's new alternative, featured musical performances by Mumford & Sons, Vampire Weekend, Cage The Elephant, Jimmy Eat World, Of Monsters and Men, Judah & The Lion, and SHAED.

"The holiday season has officially begun in the Big Apple thanks to two incredible back-to-back RADIO.COM events in support of the American Cancer Society," said Michael Martin, Senior Vice President of Programming and Music Initiatives, Entercom. "We'd like to thank these talented performers for rocking out with New Yorkers at Barclays Center."

"Not So Silent Night" was one of two Entercom New York holiday shows, along with New York's Country 94.7's (WNSH-FM) "Stars and Strings" the evening prior, which benefitted the American Cancer Society (ACS). In addition to the concerts, each station is hosting a Facebook fundraiser to benefit ACS. American Cancer Society has provided over 480,000 rides to treatments and over 475,000 nights of lodging to cancer patients and their caregivers during treatment, including accommodation in the Hope Lodge in New York City, wigs for chemotherapy patients and the ACS helpline, providing 24/7 free information, support and access to resources in addition to extensive, and lifesaving research.

Trio SHAED opened "Not So Silent Night" in New York with "You Got Me Like," and were followed on stage by Judah & The Lion with "Suit and Jacket" and their platinum hit "Take It All Back." Of Monsters and Men sang "Little Talks" and "Alligator," and Jimmy Eat World electrified the audience with "The Middle" and "Pain." Cage The Elephant lit up the stage with "Shake Me Down" and "Ready to Let Go," and Vampire Weekend rocked the crowd with "Diane Young" and "Harmony Hall." Mumford & Sons closed the show with their hits "I Will Wait," "Believe" and "The Wolf."

For photos, please click here.

ALT 92.3 is a RADIO.COM station. RADIO.COM, the fastest growing digital audio app in the United States and the leader in local sports coverage, currently has over 500 stations and thousands of podcasts, with more added continuously on its rapidly growing platform. RADIO.COM is a part of Entercom.

CONTACT:

Jennifer Morales

Entercom

212-649-9685

Jennifer.Morales@Entercom.com

@EntercomPR

About Entercom Communications Corp.

Entercom Communications Corp. (NYSE: ETM) is a leading American media and entertainment company reaching and engaging over 170 million people each month through its premier collection of highly rated, award-winning radio stations, digital platforms, and live events. As one of the country's two largest radio broadcasters, Entercom offers integrated marketing solutions and delivers the power of local connection on a national scale with coverage of close to 90% of persons 12+ in the top 50 markets. Entercom is the #1 creator of live, original, local audio content and the nation's unrivaled leader in news and sports radio. Learn more about Philadelphia-based Entercom at www.entercom.com, Facebook and Twitter (@Entercom).

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(C) 2019 M2 COMMUNICATIONS, source M2 PressWIRE

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Financials (USD)
Sales 2019 1 488 M
EBIT 2019 268 M
Net income 2019 115 M
Debt 2019 -
Yield 2019 4,76%
P/E ratio 2019 5,57x
P/E ratio 2020 4,46x
Capi. / Sales2019 0,43x
Capi. / Sales2020 0,41x
Capitalization 636 M
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Technical analysis trends ENTERCOM COMMUNICATIONS CO
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Mean consensus BUY
Number of Analysts 3
Average target price 6,25  $
Last Close Price 4,62  $
Spread / Highest target 51,5%
Spread / Average Target 35,3%
Spread / Lowest Target 24,5%
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NameTitle
David J. Field Chairman, President & Chief Executive Officer
Louise C. Kramer Chief Operating Officer
Richard J. Schmaeling Chief Financial Officer & Executive Vice President
Joseph M. Field Chairman-Emeritus
David J. Berkman Independent Director
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