Nassau Broadcasting's lenders lower the boom
Long, complicated restructuring talks between Nassau Broadcasting Partners and its senior lenders have apparently hit a brick wall. The lenders
Cumulus Media spells out the closing terms
Details are: The vulture capital funds which had been the primary owners of Citadel following its emergency from Chapter 11 voted Thursday to approve the deal
Citadel Broadcasting is now part of Cumulus Media
Deal is sealed. $2.3 billion closing was Friday morning (9/16) and Citadel Broadcasting is no more. Cumulus has announced the final cash/stock compensation.
2011 NAB Marconi Radio Award Winners take the crown
The winners were announced 9/15 at the annual NAB Marconi Radio Awards Dinner & Show held at the Radio Show in Chicago. The event...
The final price for Citadel is $33.95 per share
RBR-TVBR analysis: Citadel Broadcasting will be folded into Cumulus Media before the stock market opens today (9/16). Price of the deal was announced as $37 per share back in February...what
Radio remains king of all in-car media
In the face of Pandora, satellite, MP3 players, etc., in the dash, broadcast radio continues to dominate the choices for information and entertainment in the car, according to the new national survey
Michael Copps slams Cumulus consolidation deal
The acquisition of Citadel by Cumulus in creating the #2 radio group in the US, and to FCC Commissioner Michael Copps, it is another example of the march to consolidation and homogenization of the media. However, looked at another way,
Rich Russo's "Anything Anything" making a return
And this time it’s across three stations. Anything Anything with Rich Russo, a weekly two hour free form radio show that originated on the...
Citadel shareholders approve merger with Cumulus
The outcome was not ever in doubt, but shareholders of Citadel Broadcasting made it official Thursday (9/15) morning. They have approved a
Mancow returning to Chicago airwaves (audio)
Talk Radio Networks
Salem partners with Rebecca St. James for national tour
In a venture that highlights the natural symbiotic relationship between the radio and music industries, Christian media group Salem Communications and Christian performing artist...
Black Crow to emerge from Chapter 11
It’s been over a year since we reported on the bankruptcy battle between Black Crow Media Group and its senior lender, GE Capital. Now...
SiriusXM hiking subscription price on January 1st
Come New Year
Citadel is cleared to land at Cumulus
Just in time for an anticipated closing on Friday morning (9/16), the Federal Communications Commission (FCC) has given its approval to the $2.5 billion
Breaking: FCC approves Citadel transfer to Cumulus
The last regulatory hurdle has been cleared. The FCC has given its approval to the $2.5 billion acquisition of Citadel Broadcasting by Cumulus Media, just...