The Final Minority Report

Because Even Minorities Oppose Liberalism & Statism

Liberal Radio Station Formerly Worth $22, Now 1 Penny

Funny how a formerly successful organization (trading at $22) became worth a penny after becoming managed by liberal managers take over company…Good thing that Board of Directors knows how to select great candidates!

Citadel’s original ownership and management team built a highly-successful firm around conservative talkers on the AM band and country music stations on FM, mostly in medium-sized Sunbelt markets. When subsequent owners acquired ABC Radio and saw their own liberal ideology clash with Citadel’s established internal structure, it began to unravel.

Many of these stations still turn in remarkably strong ratings and are lucky enough to feature successful (in both ratings and revenue) talk programs hosted by Rush Limbaugh, Sean Hannity, Mark Levin and others at a time when talk radio is dominating the national spotlight.

But recent meddling by Citadel’s incompetent managers have led to baffling moves, such as watering down WABC with incompatible, non-conservative programs such as Don Imus and “Joe and Mika”, as well as dumping nearly all local programming in the nation’s largest market.

See here as to how the company drove away its successful products:

03/06/2009 - Posted by | Liberal Business |

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