CBS Radio

CBS Radio Inc., formerly known as Infinity Broadcasting Corporation, is one of the largest owners and operators of radio station in the United States, fourth behind main rival Clear Channel Communications (which interestingly owns many of the radio stations previously owned by former CBS parent Viacom before 1997), Cumulus Broadcasting and Citadel Broadcasting. The corporation owns around 180 radio stations operated from 22 states located across the country. In 2002 its sales were $3.7bn, an increase of just over 1% on the previous year. It is currently part of the CBS Corporation, which also owns CBS Television and the CBS Radio Network, and jointly owns the CW television network. Infinity had operated independently of CBS until the departure of chief executive Mel Karmazin in 2004. Until recently, the stations' websites were not allowed to stream their programs online. WCBS-AM was the first station in the CBS stable to stream their content over the internet, shortly followed by... full article at wikipedia