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USTN Ends Entercom Lawsuit, Prepares to Shut Down Ops
RADIO ONLINE | Thursday, September 6, 2018 |
The United States Traffic Network (USTN) is ending its lawsuit against Enterom and has entered a wind-down agreement to cease supplying traffic data and on-air traffic updates to its affiliate stations on Friday, effectively ending its business. USTN also recently told Pennsylvania Department of Labor and Industry that it would close its Malvern operations office on October 20, with 118 people losing their jobs, reports the The Inquirer.
"All USTN radio employees have been released from all non-compete and non-solicitation agreements and every station and client will be given service for a limited wind-down period," said USTN in a statement.
Following Entercom's earlier move that it would begin providing its own traffic reports, it terminated its contract with the traffic information provider effectively sealing its fate. USTN has provided the traffic updates for Entercom stations in New York, Chicago and Philadelphia, among others, giving Entercom a portion of the revenue.
"We are relieved to no longer be mired by the difficult USTN situation that was inherited as part of the CBS Radio merger. We will move quickly to augment our strong internal sales organization to ensure that we realize the full value of this inventory," Entercom President/CEO David Field said in a statement.
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