LAS VEGAS — The long-awaited rumors of Citadel Broadcasting’s “pre-arranged bankruptcy” plan are now reality. Several sources are reporting the company — which owns 224 stations, including 4 in Syracuse — officially filed for Chapter 11 bankruptcy protection this morning. [More »]
Citadel Broadcasting could be forced to file for Chapter 11 bankruptcy protection early next year, unless it can form a deal with creditors by mid-January. The owner of more than 200 radio stations — including four in Syracuse — admitted that possibility in a quarterly filing with the U.S. Securities and Exchange Commission on Friday. [More »]
SYRACUSE — It’s one of the few places where you can count on seeing plenty of broadcasters together in one place every year: the Great New York State Fair, which opened yesterday in the Town of Geddes, just outside of Syracuse. In this “Mega Picture of the Week,” here are all the stations we found during a quick swing through the fairgrounds on Opening Day. [More »]
Citadel Broadcasting’s first quarter financial report for 2009 looks no better than Regent’s — the company posted a 22.9% decrease in revenue compared to last year, and it declared that it will not be offering quarterly earnings calls or earnings-related press releases at all this year. [More »]
SYRACUSE — About a week after 93Q (WNTQ) signed a deal with a new station imaging voice, the Citadel CHR’s sister rock station, Rock Radio 95X (WAQX) also has a new voice. [More »]
NEW YORK CITY — The New York Stock Exchange ticker symbol “CDL” will be up for grabs soon. The NYSE has announced it will be taking Citadel Broadcasting off the exchange by the end of the week. [More »]
SYRACUSE — She disappeared from the station website yesterday, and today management confirms it: longtime 95X (WAQX) middayer Alexis has exited the station. [More »]
SYRACUSE — Citadel rocker 95X (WAQX) has added the syndicated Loveline show to its lineup, Sunday through Thursday evenings. [More »]
LAS VEGAS – Citadel Broadcasting, owner of four Syracuse radio stations, is a step closer to being delisted from the New York Stock Exchange. The company, which was first threatened with delisting in September, now has 45 days to submit a turnaround plan – but the NYSE doesn’t have to accept it. [More »]
“Nixon Elected.” Less than three weeks after former K-Rock (WKRL/WKRH/WKLL) PD/middayer Ty announced she’d be leaving for a new job Baltimore, Galaxy Communications has announced the hiring of her replacement. [More »]