On Friday, Entercom successfully merged with CBS Radio. This move officially made Entercom the second-largest radio operator in the US. David Field, CEO of Entercom, joins Cheddar after ringing the Closing Bell at the NYSE. Field is bullish on radio, because it is still one of the most listened to mediums. He plans to continue investing in both his stations, and talent to push the medium forward. After the merger, Entercom now has 235 stations nationwide. According to a recent study published by the NYU Steinhart Music Business program, radio is facing a difficult time for multiple reasons. One of those reasons is declining interest from Gen Z. The youngest generation of consumers are both less interested in radio, and also less connected to the genre, because they own fewer devices that carry FM/AM capabilities.