The station cumed more than 2 million in the previous report, which included holiday music programming. 29 monthly PPM update,Īrbitron offered a peek at how the panels for theġ,69,8OO The 6+ cume for Clear Channel AC KODA/Houston in January's PPM survey. Thompson was most recently executive VP at Island Def Jam Music Group. Concurrently, Flom announced that Virgin executive VP of promotion Hilary Shaev has resigned. 27, Capitol Music Group chairman /CEO Jasonĭepartments. "This is a great fit for us and we know Innis will bring new was All of the station's air talent sent packing. 29, when Citadel flipped it to True Oldies 105.9. The station isWJZW, a smooth jazz outlet for 14 years until Feb. It's his first FM affiliate there since he first debuted in 1993. Affiliate The Citadel layoffs have paid off for New York radio cowboy Don Innis-who returns to the Washington airwaves, where he's been missing since April 2007. Markets were down, but we underperformed the markets by a factor of almost 2-to-1."-Jeffrey Yorke "On an analyzed performance basis, decline was across the board every major market." In addition, "national was a complete disaster. "This was a very difficult and disappointing year," he said, dominated by the Disney acquisitions. He also noted "a continued deterioration in the radio marketplace." Suleman immediately axed 50 station staffers (see Street Talk, page 14), vowing to pinkslip entire staffs in the event of format flips.
Suleman blamed the newly acquired stations and markets for underperforming. Citadel's annual loss was $1.29 billion, or $6.61 per share, compared Suleman with a $48 million loss or 43 cents per share, in the prior year. Highlighted by an enormous $848 million Q4 loss, the new Citadel saw a $3.24 per share loss, compared with a $1.1 million net loss, or a petmy a share during the sane quarter in 2006. 29, as he unveiled fourth -quarter financial results. Host and slide into a yet-to -be- determined day -Ĭitadel's 'Difficult, Disappointing Year' Ends With $848M Q4 Loss Citadel Broadcasting chairman /CEO Fared Suleman-who l.ut June oversaw the smaller radio group's $2 billion acquisition of about two dozen much larger Disney /ABC Radio stations-sounded like a than with his back against the wall Feb. Current PD /MD JP Hastings will continue as morning Due to a noncompete clause in his Entercom contract, he will initially workĪt WFXF as an account executive. Morning man among men 25 -54 left Entercom classic rock WCMF Feb. INDUSTRY AND FORMAT NEWS, AS IT HAPPENS, AROUND THE CLOCK.Ĭlear Channel Snags Brother Wease Brother Wease (aka Alan Levin), a Rochester, N.Y., morning personality for 22 years, has resurfaced in Austin Convention Center, Room 10A, Level 3
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