Citadel posts 3Q loss – the company which includes the former ABC radio no longer has earnings events, but filed their 10Q. Revenue was hit hard by the death of Paul Harvey and Sean Hannity moving to Clear Channel.
Sarah McBride of the Wall Street Journal mentioned in an unrelated article that Citadel is putting together a prepackaged bankruptcy – they have $150 million in debt that comes due at the end of the year.
