Citadel Broadcasting Corporati (CDL)

Citadel Broadcasting Corporation operates as a radio broadcasting company in the United States. As of February 22, 2008, the company owned and operated 165 FM and 58 AM radio stations in 50 markets located in 27 states and the District of Columbia. It produces and distributes various programs and formats to affiliates, including syndicated talk and music programs. The company was founded in 1984 and is based in Las Vegas, Nevada.

For the nine months ended 30 September 2006, Citadel Broadcasting Corp.'s revenues rose 2% to $319M. Net loss totaled $46.9M vs. an income of $53.9M. Revenue reflects an increase in sales from Boise, ID, Lafayette, CA and Modesto. Higher loss reflects higher selling, general & administrative costs, increased interest expense and higher corporate general & administrative expense due to additional non-cash stock-based compensation expense.