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CITADEL/WABC

S

Slant

With Citadel in major panic mode and sliding into a tail spin, cutting live and local shows like Chiris Core and John Gambling can not be a good business plan?

Mr. Boyce, would you consider this course of action will lead CItadel back to profitability or do you see Citadel falling into the cut and run programming category. It seems this is the major problem with deregulation. Companies like CC and Citadel buying tons of stations while demand for the product is decreasing (at least in the eyes of national advertisers).

Can Farid save Citadel after basically destroying it?
 
As in any business, cutting back on the quality of your product in order to increase profitablity only makes your bottom line shrink even more as you lose more customers (listeners). George Weber is a key component here. He was a major element in Curtis' show. Having Curtis replace Gambling without Weber is a mistake. Period. What second string newsreader is going to replace him at 10 o'clock?

When you have possibly the strongest line-up in talk radio 24/7, tampering with it leads to disaster. Cidadel has shot themselves in the foot.
 
Aviators call this a death spin.

You start spiraling downward, plummeting to earth and instinctively pull back on the throttle---which tightens your spin, making things worse.

Tell that is not EXACTLY what radio chiefs are doing.

What an absolute disaster.
 
How about Maloney, Malkin, et. al.putting money where mouth is?

With Citadel's market cap so low (~$300 mil.) surely there are some deep-pocketed conservatives and/or people who believe in the conservatalk format who can buy it out.

And to think they laughed at liberals who called Air America's travails a conspiracy... and do the same thing in reverse with Citadel!
 
Conservatives can be cheap and they are not going to get involved in an industry that will face problems as the economy tanks....Sheldon Adelson, owner of the Las Vegas Sands Company, is a big backer of some of these causes--but his casino stock hit a big bump a while back---still the 3rd richest American...but he does business with China and is a self-described social moderate...he just like the Iraq adventure.
 
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