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CROSSOVER
ENTERCOM AND URBAN ONE'S EXCHANGE DEAL

Entercom has entered into an asset exchange agreement with Urban One.

As part of the deal, Entercom has acquired three stations from Urban One: WPHI-FM in Philadelphia, Hot 104.1 (WHHL-FM) in St. Louis and 980 The Team (WTEM-AM) in D.C.

In exchange, Urban One will receive Entercom’s Charlotte stations 107.9 The Link (WLNK-FM), News Talk 1100 & 99.3 WBT (WBT-AM/FM) and WFNZ (WFNZ-AM).

Entercom will also acquire the format, brand and creative assets of Urban One’s WFUN-FM “The Lou” in St. Louis, which will be moved to Entercom’s existing 96.3 FM signal (KNOU-FM).

Urban One and Entercom will begin operating the respective stations on 11/23.