From Jerry Del Colliano's Inside Music Media:
3. Citadel will be adopting what it calls a new approach to on-air talent. They call it “Marquee Talent” from Citadel-owned major market stations voice tracking shifts in other markets. [EDIT]
I imagine that eventually each format is going to have a "marquee talent" for each time slot. A jock with some foresight might want to send his updated demo to corporate in order to get one of those gigs before his local job is eliminated completely.
I’ve called just about every shot with this guy and with this company and each day we see more evidence that Citadel is not and does not intend to be an operator.
Citadel is planning to become a holding company for station facilities, real estate and licenses.
When the pre-packaged bankruptcy gets approved, the lenders who Citadel can’t pay are going to become the owners and caretakers of these assets.
And lenders aren't interested (nor do they know how) to execute good radio. They aren't in the radio business. All they want to do is make the balance sheet attractive so they can sell the group to the highest bidder and get back as much as they can.
http://insidemusicmedia.blogspot.com/2009/11/citadel-blood-bath-begins.html
[EDIT-post truncated as excerpt exceeds amount permitted under Fair Use.]
3. Citadel will be adopting what it calls a new approach to on-air talent. They call it “Marquee Talent” from Citadel-owned major market stations voice tracking shifts in other markets. [EDIT]
I imagine that eventually each format is going to have a "marquee talent" for each time slot. A jock with some foresight might want to send his updated demo to corporate in order to get one of those gigs before his local job is eliminated completely.
I’ve called just about every shot with this guy and with this company and each day we see more evidence that Citadel is not and does not intend to be an operator.
Citadel is planning to become a holding company for station facilities, real estate and licenses.
When the pre-packaged bankruptcy gets approved, the lenders who Citadel can’t pay are going to become the owners and caretakers of these assets.
And lenders aren't interested (nor do they know how) to execute good radio. They aren't in the radio business. All they want to do is make the balance sheet attractive so they can sell the group to the highest bidder and get back as much as they can.
http://insidemusicmedia.blogspot.com/2009/11/citadel-blood-bath-begins.html
[EDIT-post truncated as excerpt exceeds amount permitted under Fair Use.]