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

ENTERCOM COMMUNICATIONS CORP.

(ETM)
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Entercom Communications : Launches ALT 98.7 in Detroit

11/19/2020 | 12:45pm EST

PHILADELPHIA, PA - November 19, 2020 - Entercom today announced the immediate launch of ALT 98.7 (WDZH-FM), Detroit's new alternative. The station, previously known as 98.7 The Breeze, will boast a vast music library featuring artists like Blink-182, Cage the Elephant, My Chemical Romance, The Lumineers and Twenty One Pilots, among others.

'This is a huge opportunity to add alternative to our portfolio, and we're thrilled to further expand our content offering for Detroiters,' said Debbie Kenyon, Senior Vice and Market Manager, Entercom Detroit. 'ALT 98.7 will serve as a home for some of today's top hits from premier artists in the industry, while capturing the distinctive style and flair of the Motor City.'

ALT 98.7 will launch with 10,000 songs commercial free. On-air programming details will be announced in the coming weeks.

Listeners can tune in to ALT 98.7 (WDZH-FM) in Detroit on air, as well as nationwide on the RADIO.COMapp and website. Fans can also connect with the station on social media via Twitter, Facebook and Instagram.

CONTACT:
David Heim
Entercom
212-649-9676
David.Heim@Entercom.com

About Entercom Communications Corp.
Entercom Communications Corp. (NYSE: ETM) is the #1 creator of live, original local audio content in the U.S and the unrivaled leader in local radio sports and news. Home to the nation's most influential collection of podcasts, digital and broadcast content, and premium live experiences, Entercom engages over 170 million consumers each month. Available on every device in every major U.S. market, the company delivers the industry's most compelling live and on-demand content and experiences from voices and influencers its communities trust and love. Entercom's robust portfolio of assets and integrated solutions offer advertisers today's most engaged audiences through targeted reach, brand amplification and local activation-all at national scale. Learn more at www.entercom.com, Facebook and Twitter (@Entercom).

###

Disclaimer

Entercom Communications Corporation published this content on 19 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 November 2020 17:44:01 UTC


© Publicnow 2020
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Financials (USD)
Sales 2020 1 060 M - -
Net income 2020 -56,0 M - -
Net Debt 2020 - - -
P/E ratio 2020 -9,58x
Yield 2020 0,52%
Capitalization 535 M 535 M -
Capi. / Sales 2020 0,51x
Capi. / Sales 2021 0,41x
Nbr of Employees 5 600
Free-Float 82,2%
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Technical analysis trends ENTERCOM COMMUNICATIONS CORP.
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TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 4
Average target price 3,63 $
Last Close Price 3,88 $
Spread / Highest target 80,4%
Spread / Average Target -6,57%
Spread / Lowest Target -48,5%
EPS Revisions
Managers and Directors
NameTitle
David J. Field Chairman, President & Chief Executive Officer
Susan Larkin Chief Operating Officer
Richard J. Schmaeling Chief Financial Officer & Executive Vice President
Joseph M. Field Chairman-Emeritus
David J. Berkman Lead Independent Director
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