According to RadioInk Magazine, the shakeout from the big Cumulus/Citadel radio merger leaves the four stations in Erie, WXKC, WXTA, WQHZ, and WRIE in the hands of Cumulus Media. Because of FCC rules, Cumulus can’t keep 14 of the stations from the resulting massive broadcast group. From their report:
The paperwork has been filed for the Cumulus-Citadel merger, including an application to assign 14 stations to a divestiture trust since, with the deal, Cumulus will lose grandfathered status in some markets and go over ownership limits in others…The stations will be assigned to Volt Radio, a divestiture trust with Scott Knoblauch as trustee.

April 13th, 2011
joel
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Deep Background for November 15-21, 2009
Whispers became a shout this week as executives at Citadel Broadcasting are indicating that they may have to go Chapter 11 ahead of a scheduled January debt payment that the owners of WXKC, WXTA, WQHZ, and WRIE don’t have. To hear Jerry Del Colliano of Inside Music Media talk, there could be consequences for the last remaining local morning show in the group: The Breakfast Club.
For me, I think it would be crazy for Citadel to gore their only real cash cow, Classy 100. But a note of appreciation for Chuck and Brenda to the station would be timely.
I just sounded off, how about you? What’s your take on this challenging media environment? Did you spend any funny money on last week’s ETN millionaire auction? What’s the latest scoop at your media outlet? For all this and more, this open forum is our sounding board.
You can leave a comment, e-mail me at joel@nataliemedia.com or tweet@pressandtower.
Embrace the chaos!