Citadel Broadcasting (CDL) Expands Relationship with Katz Radio Group
Citadel Broadcasting Corporation (NYSE: CDL) announced that it expanded its relationship with Katz Media Group, the nation's largest media representation firm, under which the Katz Radio Group will represent an additional 22 stations in nine markets owned by Citadel.
Katz Media Group will now represent all of the Citadel markets including Atlanta, Chicago, Dallas, Detroit, Los Angeles, Minneapolis, New York, San Francisco and Washington D.C. Three separate Katz Radio Group companies--Eastman Radio, Christal Radio and Katz Radio--will represent the various stations effective March 31. Katz Radio Group will now represent all the stations owned by Citadel Broadcasting, the country's third-largest radio station owner with 223 stations in more than 50 markets. [JT]
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