Cumulus/Citadel meger
Kevin Vahey
kvahey@gmail.com
Sat Mar 12 15:49:53 EST 2011
http://www.businesswire.com/news/home/20110310005763/en/Citadel-Broadcasting-Signs-Merger-Agreement-Cumulus-Media
Obviously this is a big merger between 2 companies that are not doing well.
It doesn't affect Boston radio but can we expect changes in Providence,
Worcester, Springfield, Portsmouth and Bangor?
How will legacy stations like WABC and WLS be treated? There are rumors that
Entercom is still making a bid for the Chicago cluster.
My gut feeling is this doesn't bode well for the industry ( especially the
people who make their living at it )
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