With the blessing of the Federal Communications Commission and approval from the companys shareholders, Cumulus Media is expected to finalize its $2.4 billion takeover of Citadel Broadcasting today including news/talk WLS-AM (890) and oldies WLS-FM (94.7).
Not everyone is thrilled with the creation of a 560-station behemoth, including FCC commissioner Michaels Copps, who told Inside Radio he fears the result will be fewer independent options and fewer local voices. If the FCC is going to continue to allow consolidation of media companies, he said, it should adopt tougher public interest guidelines. But for now, its so long to Citadel boss Farid Suleman and hello to Cumulus boss Lew Dickey. ------------------------------------------------------- Amateur Radio Operator Duane Whittingham - N9SSN Skywarn, ARES, SATERN, RACES Melrose Park Public Safety Communications Officer State of Illinois COML Trainee City of Chicago CERT Member Red Cross Disaster Services Technology Member Red Cross ECRV Certified _______________________________________________ Medianews mailing list [email protected] http://lists.etskywarn.net/mailman/listinfo/medianews
