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#1
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Eduardo - radio's headed for the ****ter!
"BRACING FOR THE WORST"
"In fact, the earnings report was so dismal that it shocked industry analysts and led to yet another drop in Citadel's already sagging stock price, pushing it further into penny stock territory. Given a brutal outlook for the radio business and its own particularly alarming financial future, the company was forced to write off an unexpectedly large portion of the value of its stations, sending investors running for cover. UPDATE: as the trading day continued, CDL shares were pounded even further, closing down $1.46 at $2.40 a share (a 38% loss in just one day). Volume was a heavy 11.5 million shares (405% higher than normal) and Citadel's total market cap loss for the day was a staggering $385,000,000. As recently as 2003, Citadel shares traded as high as $23.00" http://radioequalizer.blogspot.com/2...ner-faces.html |
#2
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Eduardo - radio's headed for the ****ter!
On Dec 10, 11:55 am, wrote:
"BRACING FOR THE WORST" "In fact, the earnings report was so dismal that it shocked industry analysts and led to yet another drop in Citadel's already sagging stock price, pushing it further into penny stock territory. Given a brutal outlook for the radio business and its own particularly alarming financial future, the company was forced to write off an unexpectedly large portion of the value of its stations, sending investors running for cover. UPDATE: as the trading day continued, CDL shares were pounded even further, closing down $1.46 at $2.40 a share (a 38% loss in just one day). Volume was a heavy 11.5 million shares (405% higher than normal) and Citadel's total market cap loss for the day was a staggering $385,000,000. As recently as 2003, Citadel shares traded as high as $23.00" http://radioequalizer.blogspot.com/2...loyer-abc-owne... Eduardo - I never thought that the demise of terrestrial radio would happen so quickly! |
#4
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Eduardo - radio's headed for the ****ter!
On Dec 10, 12:11 pm, D Peter Maus wrote:
wrote: On Dec 10, 11:55 am, wrote: "BRACING FOR THE WORST" "In fact, the earnings report was so dismal that it shocked industry analysts and led to yet another drop in Citadel's already sagging stock price, pushing it further into penny stock territory. Given a brutal outlook for the radio business and its own particularly alarming financial future, the company was forced to write off an unexpectedly large portion of the value of its stations, sending investors running for cover. UPDATE: as the trading day continued, CDL shares were pounded even further, closing down $1.46 at $2.40 a share (a 38% loss in just one day). Volume was a heavy 11.5 million shares (405% higher than normal) and Citadel's total market cap loss for the day was a staggering $385,000,000. As recently as 2003, Citadel shares traded as high as $23.00" http://radioequalizer.blogspot.com/2...loyer-abc-owne... Eduardo - I never thought that the demise of terrestrial radio would happen so quickly! Not to **** on your charcoal, but according to the latest surveys, web listening is off, too.- Hide quoted text - - Show quoted text - Look what the new royalty rates will do to terrestrial broadcasters, who move to Intenet streaming, such as Clear Channel is doing: "Internet Radio Royalties and WOXY" "The annual cost of running WOXY could more than double to around $2 million, far exceeding the station's $500,000 to $1 million in annual revenue. The board's decision could still be appealed or rescinded by Congress, but WOXY manager Bryan Jay Miller says, I don't see the situation getting any better." http://www.eachnotesecure.com/intern...ties-and-woxy/ Boy, CC sure has some business-model! Good luck streaming HD Radio to cell phones, etc with the new chipsets coming out! Ha! Ha! |
#5
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Eduardo - radio's headed for the ****ter!
On Dec 10, 12:21 pm, wrote:
On Dec 10, 12:11 pm, D Peter Maus wrote: wrote: On Dec 10, 11:55 am, wrote: "BRACING FOR THE WORST" "In fact, the earnings report was so dismal that it shocked industry analysts and led to yet another drop in Citadel's already sagging stock price, pushing it further into penny stock territory. Given a brutal outlook for the radio business and its own particularly alarming financial future, the company was forced to write off an unexpectedly large portion of the value of its stations, sending investors running for cover. UPDATE: as the trading day continued, CDL shares were pounded even further, closing down $1.46 at $2.40 a share (a 38% loss in just one day). Volume was a heavy 11.5 million shares (405% higher than normal) and Citadel's total market cap loss for the day was a staggering $385,000,000. As recently as 2003, Citadel shares traded as high as $23.00" http://radioequalizer.blogspot.com/2...loyer-abc-owne... Eduardo - I never thought that the demise of terrestrial radio would happen so quickly! Not to **** on your charcoal, but according to the latest surveys, web listening is off, too.- Hide quoted text - - Show quoted text - Look what the new royalty rates will do to terrestrial broadcasters, who move to Intenet streaming, such as Clear Channel is doing: "Internet Radio Royalties and WOXY" "The annual cost of running WOXY could more than double to around $2 million, far exceeding the station's $500,000 to $1 million in annual revenue. The board's decision could still be appealed or rescinded by Congress, but WOXY manager Bryan Jay Miller says, I don't see the situation getting any better." http://www.eachnotesecure.com/intern...ties-and-woxy/ Boy, CC sure has some business-model! Good luck streaming HD Radio to cell phones, etc with the new chipsets coming out! Ha! Ha!- Hide quoted text - - Show quoted text - Also, forget Microsoft's and iBiquity's MSN Direct partnership (MSN Direct is a loser anyway) and possibly streaming HD Radio to Sync. Thank God for SoundExchange! |
#6
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Eduardo - radio's headed for the ****ter!
On Dec 10, 12:28�pm, wrote:
On Dec 10, 12:21 pm, wrote: On Dec 10, 12:11 pm, D Peter Maus wrote: wrote: On Dec 10, 11:55 am, wrote: "BRACING FOR THE WORST" "In fact, the earnings report was so dismal that it shocked industry analysts and led to yet another drop in Citadel's already sagging stock price, pushing it further into penny stock territory. Given a brutal outlook for the radio business and its own particularly alarming financial future, the company was forced to write off an unexpectedly large portion of the value of its stations, sending investors running for cover. UPDATE: as the trading day continued, CDL shares were pounded even further, closing down $1.46 at $2.40 a share (a 38% loss in just one day). Volume was a heavy 11.5 million shares (405% higher than normal) and Citadel's total market cap loss for the day was a staggering $385,000,000. As recently as 2003, Citadel shares traded as high as $23.00" http://radioequalizer.blogspot.com/2...loyer-abc-owne... Eduardo - I never thought that the demise of terrestrial radio would happen so quickly! � �Not to **** on your charcoal, but according to the latest surveys, web listening is off, too.- Hide quoted text - - Show quoted text - Look what the new royalty rates will do to terrestrial broadcasters, who move to Intenet streaming, such as Clear Channel is doing: "Internet Radio Royalties and WOXY" "The annual cost of running WOXY could more than double to around $2 million, far exceeding the station's $500,000 to $1 million in annual revenue. The board's decision could still be appealed or rescinded by Congress, but WOXY manager Bryan Jay Miller says, I don't see the situation getting any better." http://www.eachnotesecure.com/intern...ties-and-woxy/ Boy, CC sure has some business-model! Good luck streaming HD Radio to cell phones, etc with the new chipsets coming out! �Ha! Ha!- Hide quoted text - - Show quoted text - Also, forget Microsoft's and iBiquity's MSN Direct partnership (MSN Direct is a loser anyway) and possibly streaming HD Radio to Sync. Thank God for SoundExchange!- Hide quoted text - - Show quoted text - "More on the Copyright Royalty Board Decision on Internet Radio Music Royalties" "... a digital signal of an over-the-air station is in fact subject to these royalties. When the royalties were first adopted, the broadcasters claimed that their signals, when just retransmitted on the Internet, were exempt, but the Copyright Office and the Courts rejected that argument." Written By: David Oxenford On March 5, 2007 10:19 PM http://tinyurl.com/34yqnf Yup, yup, yup! |
#7
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Eduardo - radio's headed for the ****ter!
On Dec 10 2007, 11:28*am, wrote:
On Dec 10, 12:21 pm, wrote: On Dec 10, 12:11 pm, D Peter Maus wrote: wrote: On Dec 10, 11:55 am, wrote: "BRACING FOR THE WORST" "In fact, the earnings report was so dismal that it shocked industry analysts and led to yet another drop in Citadel's already sagging stock price, pushing it further into penny stock territory. Given a brutal outlook for the radio business and its own particularly alarming financial future, the company was forced to write off an unexpectedly large portion of the value of its stations, sending investors running for cover. UPDATE: as the trading day continued, CDL shares were pounded even further, closing down $1.46 at $2.40 a share (a 38% loss in just one day). Volume was a heavy 11.5 million shares (405% higher than normal) and Citadel's total market cap loss for the day was a staggering $385,000,000. As recently as 2003, Citadel shares traded as high as $23.00" http://radioequalizer.blogspot.com/2...loyer-abc-owne... Eduardo - I never thought that the demise of terrestrial radio would happen so quickly! * *Not to **** on your charcoal, but according to the latest surveys, web listening is off, too.- Hide quoted text - - Show quoted text - Look what the new royalty rates will do to terrestrial broadcasters, who move to Intenet streaming, such as Clear Channel is doing: "Internet Radio Royalties and WOXY" "The annual cost of running WOXY could more than double to around $2 million, far exceeding the station's $500,000 to $1 million in annual revenue. The board's decision could still be appealed or rescinded by Congress, but WOXY manager Bryan Jay Miller says, I don't see the situation getting any better." http://www.eachnotesecure.com/intern...ties-and-woxy/ Boy, CC sure has some business-model! Good luck streaming HD Radio to cell phones, etc with the new chipsets coming out! *Ha! Ha!- Hide quoted text - - Show quoted text - Also, forget Microsoft's and iBiquity's MSN Direct partnership (MSN Direct is a loser anyway) and possibly streaming HD Radio to Sync. Thank God for SoundExchange!- Hide quoted text - - Show quoted text - Sign - on San Diego which is owned by one of the major papers out there -- just started 2 new internet radio stations. They are hoping this will bring in extra income as their print income is declining. Thought that was interesting. Apparently, they have invested a lot of money, man hours and space to pull off these two new stations. I know one is supposed to be talk and primarily news, but I'm not sure what format the other one is going with. They have also just hired a complete staff - with talent, sales and everybody else. |
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