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Citadel Broadcasting Corporation was a Las Vegas, ... 2006, Forstmann Little and The Walt Disney Company agreed to merge Citadel with Disney's ABC Radio. [7]
Cumulus Media Networks was an American radio network owned and operated by Cumulus Media.From 2011 until its merger with Westwood One, it controlled many of the radio assets formerly belonging to the American Broadcasting Company (ABC), which was broken up in 2007; Cumulus owned the portion of the network that was purchased by Citadel Broadcasting that year.
The company was founded on July 30, 2003 [2] by the ABC Radio Networks, a former subsidiary of The Walt Disney Company.. In the sale of the ABC Radio Networks to Citadel Broadcasting (in 2007), the Radio Disney Network and their owned-and-operated radio stations are not included.
Faced with the likelihood of breaching its financial covenants, Citadel Broadcasting (CTDB) -- which syndicates such broadcasters as Don Imus (pictured) -- took the initiative Sunday and filed for ...
On June 12, 2007, Disney spun off and merged its ABC Radio Networks with Citadel Broadcasting into Citadel Communications while retaining its ESPN Radio and Radio Disney networks and stations. [24] [25] Former Radio Disney logo, used from 2007 to 2009.
In the same month, Disney announced a $2.7 billion sale of ABC Radio Networks and 22 stations, including KSFO and KGO, to Citadel Broadcasting. [ 86 ] [ 87 ] The ABC Radio-Citadel merger completed on June 12, 2007.
This category lists all networks and/or programs currently and formerly owned by ABC Radio Networks (now Cumulus Media Networks as of September 16, 2011). The list includes all properties owned by Capital Cities Communications, The Walt Disney Company, and Citadel Broadcasting prior to April 2, 2009; and acquired on January 1, 2015 by the new ABC Radio.
For much of Wall Street, trading this year has been akin to riding a wild roller coaster. For thousands of employees of Citadel and Citadel Securities, the hedge fund and trading business founded ...