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Industry Center - Broadcasting - Radio
Industry Center > Broadcasting - Radio > Citadel Broadcasting Corporation Company Profile
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Citadel Broadcasting Corporation Company Profile
You might say this company is interested in letters -- radio call letters, that is. Citadel Broadcasting is the #3 radio broadcaster in the US in terms of number of stations (behind Clear Channel Communications and Cumulus Media), with more than 220 AM and FM stations serving more than 50 markets around the country. Most of the company's stations operate in market clusters, sharing administration and other back-office functions. The stations offer a variety of music formats, as well as news, talk, and sports. In addition, Citadel owns ABC Radio Network, one of the leading syndicators of radio news and entertainment programming. Theodore Forstmann owns almost 30% of the company through his Forstmann Little & Co.
Headlines for Citadel Broadcasting Corporation
[external] Media Report: Plenty to talk about across radio dial in '08
at MarketWatch - Mon 9:25 am ET
[external] Bring on the Reverse Stock Splits
at Motley Fool - Fri Oct 3
[external] 5 Stocks on Wall Street's New Dollar Menu
at Motley Fool - Tue Sep 23
Citadel Broadcasting Notified by NYSE of Non-Compliance with Continued Listing Standards
Business Wire - Fri Sep 12
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Contact Information
Address: 7201 W. Lake Mead Blvd., Ste. 400
Las Vegas, NV 89128
Phone:702-804-5200
Fax:702-804-8250
Financial Highlights
Fiscal Year End:December
Revenue (2007):719.80 M
Revenue Growth (1 yr):66.30%
Employees (2006):3,392
Employee Growth (1 yr):(-1.10%)
Key People
Chairman and CEO: Farid Suleman
COO: Judith A. (Judy) Ellis
SVP, CFO, and Principal Financial Officer: Randy L. Taylor
Industry Information
Sector: Services
Industry: Broadcasting - Radio
Top Competitors
Clear Channel Communications, Inc. (ccmo.pk)
Entercom Communications Corp. (etm)
Regent Communications, Inc. (rgci)
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