"Learfield leadership is expected to remain intact. CEO and President Cole Gahagan will continue to lead the company, and no immediate operational changes are planned."
I've always thought it was brilliant for ESPN to license its brand to local radio stations. This is an even bigger, and perhaps smarter, play for Nexstar.
"This isn’t about choosing radio over TV. It’s about giving fans the option to experience the biggest moments their way—radio doing exactly what networks are already trying to do."
“There are digital platforms that would be smart to look at the gap that’s been created. There’s still a need for audio content, whether it’s terrestrial radio, particularly FM, SiriusXM, or Spotify. There are real opportunities here.”