Citadel Broadcasting
Citadel Broadcasting Corporation was a Las Vegas, Nevada-based broadcast holding company. Citadel owned 243 radio stations across the United States and was the third-largest radio station owner in the country. Only Clear Channel Communications and Cumulus Media owned more stations prior to Citadel's merger with Cumulus.
On March 10th, 2011, Cumulus Media announced that it would purchase Citadel Broadcasting. After receiving conditional regulatory approval from the Department of Justice and the Federal Communications Commission, the deal was approved by Citadel shareholders on September 15, 2011. The merger of the two companies closed on September 16, 2011, and Citadel became an indirect wholly owned subsidiary of Cumulus Media.
Read more about Citadel Broadcasting: History, Company Troubles, Acquisition By Cumulus Media, Employee Poaching Suit, Becoming Environmentally Friendly
Famous quotes containing the words citadel and/or broadcasting:
“The citadel of Quebec says, “I will live here, and you shan’t prevent me.” To which you return, that you have not the slightest objection; live and let live.”
—Henry David Thoreau (1817–1862)
“We spend all day broadcasting on the radio and TV telling people back home what’s happening here. And we learn what’s happening here by spending all day monitoring the radio and TV broadcasts from back home.”
—P.J. (Patrick Jake)