Information about Citadel Broadcasting

For the similarly named television broadcaster, see Citadel Communications.

Citadel Broadcasting
	Public (NYSE: CDL)
Founded	1984
Headquarters	Las Vegas, Nevada, USA
No. of locations	See States with Citadel Radio stations
Area served	United States
Industry	Radio Broadcasting
Revenue	$432,930,000 USD (2006)
Owner	Forstmann Little & Company (27%) Disney Shareholders (57%)
Website	citadelbroadcasting.com

Citadel Broadcasting Corporation NYSE: CDL is a Las Vegas, Nevada based broadcast holding company. Investment house Forstmann Little & Company owns 27% of Citadel.

Citadel owns 243 radio stations across the country and is the third-largest radio station owner in the United States of America.

History

The company was founded in 1984 as Citadel Associates Limited Partnership. In 1990 it was renamed Citadel Associates Montana Limited Partnership for the purpose of owning and operating stations in Montana that were formerly owned by CALP. A year later, Citadel Broadcasting was officially incorporated and in 1992 acquired all of the radio stations owned by its predecessors.

Within a decade, Citadel expanded to 26 states (see "Citadel/ABC stations" list below). Within that time period, it has absorbed all Bloomington Broadcasting radio holdings and 11 stations from Dick Broadcasting Company and has also acquired 3 radio stations from Slone Broadcasting, Inc. and Slone Radio, LLC.

On February 6, 2006, Forstmann Little and the Walt Disney Company agreed to merge Citadel with Disney's ABC Radio.^[1] Shares representing 57% of Citadel were distributed to shareholders of The Walt Disney Company following the company's acquisition of 22 stations from ABC Radio.

After the merger, Citadel's ownership structure was:

• 57%: Disney shareholders
• 27%: Forstmann Little
• 16%: Former Citadel shareholders exclusive of Forstmann Little

ABC owned and operated affiliates of Radio Disney and ESPN Radio were not included in the merger agreement, nor were the actual networks.

In order to comply with FCC ownership limitations, Citadel has spun off eleven of its radio stations. These stations' licenses have been transferred to a newly formed trust company, The Last Bastion Station Trust, LLC.

States with Citadel radio stations

For a complete list of radio stations, see Citadel Broadcasting template below.

References

• Radio Ink (June 12, 2007). Citadel Closes On ABC Radio Radio Ink.

External links

• Citadel Broadcasting - Official Site

•  • [ e] Citadel Broadcasting
FM Radio Stations:	KARN KATC KATM KATT KBBD KBUL KDJK KDRF KDRK KEYF KGGO KHKI KHKK KHOP KHYT KIIM KIPR KIZN KJJY KJOY KKFM KKGL KKMG KKND KKOB KKPK KLAL KLOS KMEZ KMGA - KNEV - KQFC KQOB KQRS KQXL KRDJ KRRQ KSCS KSMB KSZR KTYS KURB - KWIN KWNN KWQW KWYL KXKC KXXR KYIS KZBD KZMG WAAL WAQX WBEI WBHD WBHT WBLM WBPW WBSX WCAT WCDV WCTO - WCYY WDGM WDRQ WDVD WDVW WEBB WEFG WEMX WFBE WFFN WFHN WFMK WGFX WGKX WGOW WGVX WGVY WGVZ WHNN WHOM WHTS WHTT WHWK WIII WIOG WIOV WITL WIVK WJBQ WJIM WJOX WJZW WKDF WKHX WKIM WKLQ WKOS WKQZ WLAV WLAW WLCS WLEV WLXC WMAS WMDH WMGS WMHX WMME WMMQ WMOS - WMTI WNKT WNML WNOX WNRX WNTQ WOGT WOKI WOKQ WORC WOZI WPKQ WPLJ WPRO WQGN WQHR WQHZ WQUT WQXA WRBO WRQX WSJR WSKO WSKZ WSSX WSUY WTNR WTUG WUHT WVIB WWFX WWKI WWKX WWLI WWLS WWWZ WWYL WXLM WXLO WXMX WXTA WYAY WYSF WZRR WZZN
AM Radio Stations:	KAAY KABC KARN KBGG KBOI KCUB KESP KEYF KGA KGO KJRB KKML KKOB KKOH KNEK KNML KPZK KSFO KTBL KTIK KTUC KVOR WABC WAPI WARM WBAP WBBL WBSM WGOC WGOW WIBR WIOV WJCW WJIM WJOX WJR WJRD WJZN WKRT WKY WMAL WMAS WLS WNBF WNML WNSS WODJ WPRO WRIE WSKO WSPZ WSUB WTMA WTRX WTSK WTVL WVFN WWLS WXOK WXSM WYOS
Radio Networks:	ABC News & Talk ABC Radio
= Operated by the Mohegan Sun under an LMA.
Annual Revenue: $432,930 USD (2006) Stock Symbol: NYSE: CDL Website: citadelbroadcasting.com