And really buries it, as Kathy Shaidle notes, linking to both the pedestrian AP boilerplate article, and this report from the Radio Equalizer, Brian Maloney:
Under [CEO Farid Suleman’s] rule, the company’s left-wing political bias became so unbearable that it convinced Sean Hannity to move his program to another syndicator.
Just last month, Citadel admitted that the loss of Hannity caused it to lose millions in desperately-needed revenue. More recently, the company booted longtime WABC / syndicated host Curtis Sliwa for reasons that remain a mystery.
Some of the firm’s medium and small market stations are viewed as being in relatively good shape, largely because they were built up by Citadel’s previous ownership regime and run locally. Many are high-powered news-talk stations.
Why, it’s like they’ve placed ideology over profits. Good thing the TV networks wouldn’t do anything like that…
Related: “Stern’s threat to quit Sirius could be empty talk.”
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