Westwood One (original)
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Westwood One (original)
Westwood One is an American radio network owned by Cumulus Media. The company syndicates talk, music, and sports programming. The company takes its name from an earlier network also named Westwood One, a company founded in 1978. The company was, at various times, managed by CBS Radio, the radio arm of CBS Corporation and Viacom. It was later purchased by the private equity firm The Gores Group before merging with Dial Global in 2011. In December 2013, Dial Global was, in turn, acquired by Cumulus Media. Prior to the sale's completion, Dial Global re-assumed the Westwood One name. After the completion of the purchase, Westwood One was merged into the Cumulus Media Networks division (the former ABC Radio Networks). Content syndicated by Westwood One includes talk shows, music programs and 24-hour formats. It is particularly prominent in sports radio, distributing the CBS Sports Radio network and holding various play-by-play rights, including the National Football League's main ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Triton Media Group
Triton Digital, LLC, formerly Triton Media Group, is a digital audio technology and advertising company based in Los Angeles. The group was formally owned by E. W. Scripps Company which sold Triton to IHeartMedia in October 2020. The company works with audio publishers in over 35 countries including brands such as Pandora, Spotify, iHeartRadio, AccuRadio, CBS Radio, and ESPN Radio. Company Triton Digital was founded in August 2006 by Neal Schore and Mike Agovino in Sherman Oaks, California, in the Los Angeles area. It was funded as a limited partnership by private investors. Digital Triton announced a partnership to resell Slipstream Radio in 2008. Triton Digital acquired Ando Media in September 2009. Ando Media was founded in 2004 in Denver, Colorado. Ando developed software to audience measurement metrics for Internet radio, competing with the major firm Arbitron by 2006. In 2011 Ernst & Young named Schore (chief executive of Triton Media at the time) entrepreneur of the ...
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IHeartMedia
iHeartMedia, Inc., formerly CC Media Holdings, Inc., is an American mass media corporation headquartered in San Antonio, Texas. It is the holding company of iHeartCommunications, Inc. (formerly Clear Channel Communications, Inc.), a company founded by Lowry Mays and B. J. "Red" McCombs in 1972, and later taken private by Bain Capital and Thomas H. Lee Partners through a leveraged buyout in 2008. As a result of this buyout, Clear Channel Communications, Inc., began to operate as a wholly owned subsidiary of CC Media Holdings, Inc. On September 16, 2014, CC Media Holdings, Inc. was rebranded iHeartMedia, Inc., and Clear Channel Communications, Inc., became iHeartCommunications, Inc. Overview iHeartMedia, Inc. specializes in radio broadcasting, podcasting, digital and live events through division iHeartMedia (sans "Inc." suffix; formerly Clear Channel Media and Entertainment, Clear Channel Radio, et al.) and subsidiary iHeartMedia and Entertainment, Inc. (formerly Clear Channel ...
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