Friday, March 20, 2009

Citadel is the Current Owner of KAAY

Citadel braces for bankruptcy: The stock market has already spoken. Citadel stock is worth four cents -- and less than a dollar for long enough to be booted off the New York Stock Exchange. Because the market has already priced in for the worst case scenario, the situation for equity holders is no doubt a lost cause. The market is saying Citadel stock is worthless. The NYSE gave up on them

1 comment:

Anonymous said...

Wonder who's going to pick up Citadel, if anyone? Cumulus just pulled a radio stunt...playing TV show tunes for hours, before a format change...they'd called themselves, "TV 104!". My daughter and I would listen to Rick and Bubba in the mornings, on the way to my taking her to school- and we're disappointed, now, that we can't get these two fine, hilarious gentlemen and their show. Radio is an ever-changing business, R&B will be picked up on another local station somewhere down the line....

I'd thought of calling and writing for a QSL card from
TV 104", but now that they've gone all satellite-fed, there's no one there, and I doubt that anyone at Cumulus would give a rat's patoot or even know what a station verification (QSL) was...

Goodbye, WYOR:

"After three years of middling ratings as a Country station, Cumulus Broadcasting pulled the plug on the “Kicks 104.1″ format and began stunting with a loop of TV Themes at 5:00pm on Wednesday, March 18, 2009. The following afternoon at 1:04pm the station picked up the satellite-fed version of the “Jack-FM” format after a brief sign-on announcement."

Country format gone, a wierd Top 40 mix being played now...not enough interest on MY part to listen, not the "Top 40" I'm interested in....Bud, Mobile, AL