Friday, April 13, 2007

UPDATE 1-No impact on CBS debt rating from Imus dismissal-S&P

(Reuters) - The dismissal of the popular radio host on Thursday comes at a challenging time for CBS Radio, which was already feeling the effects of the exit of on-air personality Howard Stern in January 2006, the ratings agency said in a statement.

Still, the departure of Imus, whose morning show was carried on 61 stations, "will not have a significant impact on profitability," S&P said.


Read more at Reuters.com Bonds News

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