ENTERCOM has purchased CBS RADIO's MEMPHIS, ROCHESTER, AUSTIN, and CINCINNATI clusters for $262 million. The buyer will take over all of the stations except for the ROCHESTER stations in a time brokerage agreement starting in OCTOBER (the company will have to divest two ROCHESTER stations to remain within FCC ownership limits). In AUSTIN, ENTERCOM gets AC KKMJ (MAJIC 95.5), Modern AC KAMX (MIX 94.7), Top 40/Rhythmic KXBT (THE BEAT 104.3), and Talk KJCE-A. In CINCINNATI, the stations being sold are Country WUBE (B-105), Hot AC WKRQ (Q-102), Oldies WGRR, and Alternative WAQZ (NEW ROCK 97.3). In MEMPHIS, ENTERCOM adds Hot...