3-10-14
As Radio Ink reported last Wednesday, Talk Radio Networks and Cumulus have agreed to settle outstanding claims arising during previous ownership of WestwoodOne, which Cumulus bought this past December. Cumulus CEO Lew Dickey said, ?While Cumulus Media had no role in the lawsuits filed by TRN Companies, we are pleased to resolve these claims and move forward together. We remain supportive of each other and are optimistic for the future."
TRN CEO Mark Masters added, "We are pleased to 'turn the page' with the new owners of WestwoodOne and have put past issues behind us. As we build bridges together, we look forward to a mutually beneficial future working with our affiliated stations, customers, Lew and John Dickey, and Cumulus Media."
