February 28th, 2009 
joel 
Classy 100 parent to be delisted: Citadel Broadcasting Corp., the group owner of WXKC, WXTA, WQHZ, and WRIE will be delisted from the New York Stock Exchange this week, according to AllAccess.com. Citadel will be become an “over-the-counter” stock with a new symbol to be determined. The stock has been trading over 30 days at under $1 and the market cap is under $75 million, both conditions for trading on The Big Board. CDL closed down a nickel Friday, to 0.09, dropping its market cap to $24.30M.- Network TV’s woes chronicled: Perhaps tired of getting its head bashed in by the doom and gloom stories about the newspaper industry, the New York Times this morning ran at story on these trying times for the Big Four broadcast networks. Claiming a broken business model, the networks are shunning expensive dramas, which can cost about $3 million per hour to produce, and programming more reality shows, and news and talk. The new Jay Leno Show 10 PM strip on NBC starting this fall is strong proof that the industry is in major transition. Meanwhile, who is the big leader in the Nielsens? CBS, who airs more prime-time drama and scripted comedies then all the other networks!
- Bayhawks score big attendance: Even though they saw the home team snap their winning streak, a record crowd was at the Tullio Arena Friday night to witness the Erie Bayhawks vs. Rio Grande Valley Vipers NBA Development League match up. Some 4,175 fans came out for Ohio Community Night to the Cleveland Cavaliers D-League affiliate.
- Dobson steps down as Chairman: citing the move as the next step on the way to a complete succession to the next generation of leadership, the founder of Focus on the Family James Dobson has relinquished his role of Chairman of the Board of the non-profit Christian organization on Friday. His wife Shirley has also left her Directorship. Six years ago Dobson began the executive transition, leaving his role as President of the ministry he started in 1977. He will continue the “Focus on the Family” radio broadcast, which airs locally at 6:00 AM & 9:00 PM weekdays on WCTL.
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be interested to hear what jim griffey has to say about erie radio from citadel’s view.thank god i dont’t have to listen to the erie market since i retired,venice,fl market is not bad