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Established in 1928, CBS Radio is one of the largest market radio operators in the United States with its stations covering news, alternative rock, country, classic rock, oldies and urban formats. A division of CBS Corporation, CBS Radio operates nearly 150 radio stations. The company covers several leading sports franchises, including the National Football League, National Basketball Association and National Hockey League. CBS Radio additionally covers the Olympic Games, U.S. Open, Grammy Awards and Academy of Country Music Awards. In addition, CBS Radio owns the CBS Radio Network, which provides hourly newscasts to more than 1,500 news and news-talk formatted stations. CBS Radio has several radio stations based in West Palm Beach, Fla.