“I am buying the stock because it is deeply undervalued and does not reflect the company’s strong and growing free cash flow and earnings before interest, taxes, depreciation, and amortization, its 6% dividend yield or its strong competitive position and growth opportunities within the audio/radio industry.”“Radio today is the #1 reach medium in the U.S.,” Field continued. “Entercom is well positioned for the future as one of the two largest radio companies with a national footprint in the audio/radio industry, covering roughly 90% of the population in the top 25 markets with a world-class portfolio of local stations and on-air personalities and a terrific leadership team that is focused on capitalizing on emerging opportunities.”