DOJ eyes Infinity.(Justice Department conducts antitrust investigation of prospective merger between Infinity Broadcasting Corp. and Westinghouse/CBS Radio Group)(Brief Article)

Broadcasting & Cable, September, 1996

Department of Justice officials are investigating more closely the pending merger of Infinity Broadcasting and Westinghouse/CBS Radio. New York radio insiders say Justice is concerned about potential antitrust violations if Infinity President Mel Karmazin is able to preside over the CBS Radio Network under the merger.

Karmazin also serves as president of Westwood One Radio Networks. Although Westwood One was not named in the Infinity/Westinghouse/CBS proposal, New York sources speculate that there may be a move to join CBS Radio Networks and Westwood One if the merger goes through, giving Karmazin oversight of a network that would generate more than 50% of network radio revenue.