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Cumulus getting Citadel?

Like I suggested somewhere else, they probably need to sell off some of those small markets above 100.....they are in some dog markets. Donating some of the dog AM's may not be a bad idea, either.
 
Dickey says they will close late 3rd quarter. Is that realistic in this day and age of government? Even if that happens, how much longer before they look at markets the size of Columbia and Charleston? They have some bigger fish to fry in markets that lose money.
 
Given that they only have two-overlapping markets, the FCC and DoJ analysis and approvals probably won't take that long. The one concern for DoJ would be media concentration, but CCU has many more stations, so I don't think it is going to be much of an issue.

As to determining what they are going to do with each market, donuts to dollars, they have already planned out what they are going to do. Once the deal closes, the clock is running and interest is accruing, so they are going to rush to get operating costs in line ASAP. The switchover to Op-X and whatever traffic system they are running may take a bit longer, although they have stated 90 days.
 
Yes, approval is a foregone conclusion. The only government "red tape" is the approval process which is just for show nowadays. If you have a big corporation and you want to gobble your competitor, you've got a green light from our corporotocracy. Thank the cons and neo-cons.
 
... who yell and scream the minute the FCC actually does a searching inquiry and attempts to regulate in the public's interest.
 
Columbia's main concerns are 107.5 and 106.7 especially. 1067 doesn't have to be so local/live for EAS. I'm pretty sure they're fine as long as somebody's in the building.
 
WTMA might not be affected as much. All of their news people work separate jobs for Citadel. For example, Tessa Spencer is a news reporter, but she also does the highly-rated Tessa and Baby J morning show.
 
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