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Compass Media Networks: Press
Ed Stolz, CEO of Royce International Broadcasting commented, "This exciting alliance promotes a world-class brand via three outstanding CHR/Mainstream stations of Royce International Broadcasting Corp., located in San Francisco, Las Vegas and Palm Springs."
NEW RADIO STAR NEWS
Edward R. Stolz, II, President and General Manager of Royce, said: "Royce stands for independence, localism, and a sincere concern for the needs of the communities it serves.Entercom, a debt-ridden conglomerate, is eliminating the independents.
Alternative Radio Content Page 1
Royce owner Ed Stolz had agreed to sell KWOD to Entercom for $25 million but quickly tried to scuttle the deal.Entercom's been trying to force Stolz to make the sale every since.
Tangent Sunset - "Waves on the Coast" by Tangent featuring Alex Cosper and Harrison Price
But on June 26 my dream of having a hit went sour when KWOD's General Manager Ed Stolz told me to discontinue playing the record, simply because he didn't feel it was a record we needed to play, although he said he liked the song.
So for awhile the song went away and I accepted the idea that it wasn't going to be a hit.
Then on July 13 boxes of the record arrived from the manufacturer.
I had already gotten the okay from Tower Records at various locations to put it on sale in their stores, and the record officially went on sale the next day.
I only put about 50 copies total at stores and saved the rest to give to friends and industry people.
saw the physical copy of the record he
seemed impressed and gave me the go ahead to play it occassionally on the air.
News&features - June 16, 2005
But from a corporate perspective, the transition appears no less significant: KWOD v2.0 is the culmination of a lengthy legal battle between its current owner, Entercom Communications Corp., and previous owner Ed Stolz.
After initially entering into an agreement to buy KWOD
in 1996, the two parties ended up in a protracted court battle in 1999 when Entercom
for allegedly trying to back out on the deal.He
filed a countersuit accusing Entercom, now the nation's third-largest radio chain, of "racketeering."