Citadel, Radio One sink as ad woes linger

Szalai, Georg
August 2006
Hollywood Reporter -- International Edition;8/8/2006, Vol. 395 Issue 30, p13
The article focuses on issues related to radio broadcasting firms in the U.S. As a result of declining advertising revenues, the stock prices of several companies recorded their lowest levels in a year. Citadel Broadcasting Corp. reported a loss of $74.8 million during the second quarter of its current financial year. The profit of Radio One Inc. declined by 59% during the second quarter of its current financial year.


Related Articles

  • Weak signals. Szalai, Georg // Hollywood Reporter -- International Edition;2/28/2006, Vol. 393 Issue 17, p15 

    The article reports that radio investor sentiment remained bearish as several big radio groups in the U.S. reported weak fourth-quarter financials last week, and CBS Broadcasting Inc. took a $9.5 billion write-down on its radio and TV assets. Cox Radio Inc. management in its earnings call last...

  • Minority view.  // Adweek Eastern Edition;4/5/1999, Vol. 40 Issue 14, p18 

    Reports on the growth of radio broadcasting firm Radio One in the United States. Concentration on African-American market as reason for firm's growth; Plans to launch initial public offering; Plans to acquire additional radio stations and nonradio media properties that serve African-American...

  • TOP 25 RADIO GROUPS.  // Broadcasting & Cable;9/29/2003, Vol. 133 Issue 39, p10 

    Lists the top 25 radio station groups in the U.S. in 2003. Revenue growth of Clear Channel Communications Inc.; Number of stations owned by Infinity Broadcasting Corp.; Total markets of Citadel Broadcasting Company.

  • Multicasting Expands. Bachman, Katy // MediaWeek;4/25/2005, Vol. 15 Issue 17, p14 

    Reports that Citadel Broadcasting has joined a coalition of U.S. broadcasters at the 2005 annual convention of the National Association of Broadcasters in plans to convert to high-definition (HD) radio. Number of radio stations that have made the conversion; Comments from Robert Struble,...

  • Radio One nabs 15 stations in $190 mil Blue Chip deal. Hiestand, Jesse // Hollywood Reporter -- International Edition;8/14/2001, Vol. 369 Issue 29, p47 

    Reports the completion of the deal of Radio One Inc. with Blue Chip Broadcasting in the U.S. Number of stations added by Radio One to its holdings; Vision of the company to own urban radio stations in top markets.

  • Clear Channel all spun out. Trigoboff, Dan // Broadcasting & Cable;03/20/2000, Vol. 130 Issue 12, p28 

    Reports on urban-oriented broadcaster Radio One's purchase of 12 of the radio stations divested in the United States by Clear Channel Communications as a condition for a proposed merger with SFX Entertainment. Founding of Radio One by community activist Catherine Hughes to expand radio...

  • Programming: Newsline...  // Billboard;11/07/98, Vol. 110 Issue 45, p100 

    Offers news briefs for the United States radio broadcasting industry for November 7, 1998. Naming of Robert Proffitt as the Citadel Broadcasting Central region president; Plans of the US Federal Communications Commission to collect racial/ethnicity and gender statistics on broadcast ownership;...

  • Cumulus Increases Interest Rate on $2.04B Facility. Colter, Allison Bisbey // High Yield Report;7/18/2011, p13 

    The article focuses on the interest rate and structure change of Cumulus Media's two billion U.S. dollars credit facility, which will finance the acquisition of Citadel Broadcasting.

  • Feeling fortified. Hiestand, Jesse // Hollywood Reporter -- International Edition;9/16/2003, Vol. 380 Issue 22, p15 

    Reports on the performance of the radio group Citadel Broadcasting Corp. Preparation of the company to take part in the consolidation of the midlevel station market; Speculations about the share gains of the company based in Las Vegas, Nevada.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics