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Stock impact report

WWJ says it's 'not going anywhere' as CBS reveals plan to end radio news [USA TODAY]

Paramount Skydance Corporation - Class B (PSKY) 
Company Research Source: USA TODAY
WWJ-AM (950) posted an item early Friday afternoon, March 20, on its Facebook page about the CBS News decision to shut down its radio arm, which provides service to Detroit's all-news radio station and nearly 700 others across the United States. The Motor City's all-news station clarified that "this means WWJ Newsradio 950 will no longer have the CBS national news at the top of each hour, after May 22." Later, the station posted a link on Facebook to a "note from the newsroom" to make it clear that a closure is not happening at WWJ. "The first thing to know is that WWJ Newsradio 950 in the Detroit area is NOT going anywhere," it wrote in a note from the newsroom linked to the Facebook post, putting that key statement in boldface type. "We've been on the air since 1920, and will continue to bring you stories on the top local, state, national and international news WWJ was previously owned by CBS, but the network sold its local radio stations in 2017 to the company that is now Show less Read more
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