• Get involved.
    We want your input!
    Apply for Membership and join the conversations about everything related to broadcasting.

    After we receive your registration, a moderator will review it. After your registration is approved, you will be permitted to post.
    If you use a disposable or false email address, your registration will be rejected.

    After your membership is approved, please take a minute to tell us a little bit about yourself.
    https://www.radiodiscussions.com/forums/introduce-yourself.1088/

    Thanks in advance and have fun!
    RadioDiscussions Administrators

Citadel Celebrates

E

Element9

Inside Radio said:
Citadel marks ABC anniversary.
It's been two years since Citadel Broadcasting struck a $2.7 billion deal to buy ABC Radio and ABC Radio Networks. CEO Farid Suleman says the company is "a lot better off" with the big market stations as part of their portfolio. He also says their revenue and ratings have turned around in recent months.
Click to expand...

What Farid really means when he says the company is "a lot better off with big market stations" is Citadel will be glad to spin off those major market stations hoping to get some real money for them to pay down the company's creditors after it declares bankruptcy.

Inside Radio said:
Suleman: We've got company. Saddled with $2.1 billion in debt, Citadel last month enlisted financial advisory firm Lazard Freres & Co. to help sort through financial options. That may sound dire, but CEO Farid Suleman says he's in the same situation as everyone else. Read our exclusive Q&A with Farid Suleman online.
Click to expand...

What Farid means when he says he (Citadel) is "in the same situation as everyone else" is, Citadel is just as f'ed-up as Clear Channel-Bain and Cumulus! So, whatever's good for Clear Channel-Bain and Cumulus is good for Citadel.

Why does Monty Python's "we're all bozo's on the back of this bus" routine come to mind.
 
The radio version of The Titantic continues to take on water.With stellar employees such as Rockin Science, navigating,it's time for the few talented peiople left to abandon ship and get in the lifeboats while you can.
 
ChiaHead said:
The radio version of The Titantic continues to take on water.With stellar employees such as Rockin Science, navigating,it's time for the few talented peiople left to abandon ship and get in the lifeboats while you can.
Click to expand...

And head to where? Galaxy? Chump Channel? BWAH-HA-HA-HA-HA.

There are a LOT of bodies in the water already, and even the sharks aren't interested. Unless you're prepared to take an "Ocean" voyage into Internet radio - any paycheck is better than no paycheck.
 
Status
This thread has been closed due to inactivity. You can create a new thread to discuss this topic.


Back
Top Bottom