Employees at Entercom Communications stations across the U.S. received a fiery three-page internal memo from President/CEO David Field on Monday (8/6).
“We have moved on and are glad to be in control of our own destiny with our valuable traffic inventory,” said Field, “but given the ridiculous allegations by USTN, I wanted to make sure you were fully familiar with the facts and understood that we have acted ethically and responsibly throughout this painful situation.”
Field made his point very clear: Entercom is owed $30 million and did not create the problems that exist between his company and US Traffic Network (USTN), which is suing the broadcast company for abandoning its equity stake plan.
