CBS News will shut down its storied radio news service after nearly a century on the air, marking the end of an era. The decision comes amid challenging economic times and shifting media consumption patterns towards digital sources and podcasts.
Key Takeaways
CBS News will shut down its radio service after nearly 100 years, citing economic challenges and shifting media consumption patterns. The shutdown affects about 70 jobs and marks the end of a historic era in broadcasting.
- CBS News Radio to cease operations on May 22
- Service provided material to approximately 700 stations nationwide
- Shutdown part of broader restructuring, including cutting about 6% of workforce
- Decision reflects decline in traditional radio as audiences move towards digital platforms and podcasts
- Longtime anchor Dan Rather among those mourning the loss of a historic institution
The CBS News Radio service will cease operations on May 22, according to a statement from the company. The service provided material to an estimated 700 stations across the country and was known for its top-of-the-hour news roundups. The shutdown is part of a broader restructuring at CBS News, which also includes cutting about 6% of its workforce, or more than 60 people.
The move marks the end of an era that began in September 1927 when CBS News Radio was the precursor to the entire network. Legendary broadcaster Edward R. Murrow's rooftop reports during the Nazi bombing of London during World War II kept Americans listening anxiously, and the service has been a major force for generations.
CBS News editor-in-chief Bari Weiss delivered the news to staff, acknowledging that radio is woven into the network's history. She noted efforts to find a viable solution but stated that radical changes in the media industry made it impossible to sustain the operation. CBS had previously cut some of its radio programming late last year.
The shutdown reflects the broader decline in traditional radio as audiences move towards digital platforms and podcasts. CBS News Radio was a significant revenue generator, but its audience has declined in recent years. The decision to shut down the service is part of a broader restructuring at CBS News, which includes cutting jobs and focusing on digital platforms.
Longtime CBS News anchor Dan Rather expressed his sorrow over the closure, stating, 'It's another piece of America that is gone.' Harvey Nagler, former VP of radio for the company until 2016, told the New York Post he didn't agree with the radio shutting down and that now was not the time to do so. He argued that those in a corporate position were not aware of the clout and reach of CBS News Radio.
Craig Swagler, former VP of the radio network, said the shutdown will have a 'major impact on the accessibility of information across the country.' According to Swagler, CBS News Radio was reaching 30 million Americans per week. Michael Harrison, publisher of Talkers, a trade publication for radio talk shows, lamented the loss as a shame and a significant blow to the industry.
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