CONTINGENCIES AND COMMITMENTS (Block)	3 Months Ended
Mar. 31, 2017
Commitments And Contingencies Disclosure Abstract
Commitments And Contingencies Disclosure Text Block	11. CONTINGENCIES AND COMMITMENTS Contingencies If the CBS Radio Merger Agreement is terminated under certain circumstances, the Company will be required to pay CBS a termination fee of $30 million and the costs for the committed financing. The Company is subject to various outstanding claims which arise in the ordinary course of business and to other legal proceedings. Management anticipates that any potential liability of the Company, which may arise out of or with respect to these matters, will not materially affect the Company’s financial position, results of operations or cash flows. There were no material changes from the contingencies listed in the Company’s Form 10-K, filed with the SEC on February 28, 2017.

CONTINGENCIES AND COMMITMENTS (Block)

3 Months Ended

Mar. 31, 2017

Commitments And Contingencies Disclosure Abstract

Commitments And Contingencies Disclosure Text Block

11. CONTINGENCIES AND COMMITMENTS

Contingencies

If the CBS Radio Merger Agreement is terminated under certain circumstances, the Company will be required to pay CBS a termination fee of $30 million and the costs for the committed financing.

The Company is subject to various outstanding claims which arise in the ordinary course of business and to other legal proceedings. Management anticipates that any potential liability of the Company, which may arise out of or with respect to these matters, will not materially affect the Company’s financial position, results of operations or cash flows. There were no material changes from the contingencies listed in the Company’s Form 10-K, filed with the SEC on February 28, 2017.