http://www.ocregister.com/entertainment/tilden-citadel-kabc-1991387-klos-radio

Right wing talker Melanie Morgan gets canned from station KSFO San Franisco.

http://www.ibabuzz.com/politics/2008/03/03/melanie-morgan-canned-from-ksfo/

Well they sure as hell arent about to 'can' a Left Wing talker in San Francisco are they?

The last I heard, KSFO was a right leaning station to counter KGO.

And both owned by ABC-now-Citadel...

Thought you might enjoy this one from LARadio.com...

Should Citadel CEO Farid Suleman Be Fired?

(March 4, 2008) It started last Friday and continued through the beginning of this week. A reported 140 employees fired from the Citadel Group. As the wildfire spread across both local and the national radio landscape, a whispered question grew louder and louder over the weekend. “Citadel ceo Farid Suleman must be fired,” said the radio pundits.

In Jerry Del Colliano’s daily column at http://insidemusicmedia.blogspot.com, Jerry said the Farid has earned the right to get pink slipped for many, many reasons. Among them:

1. Presiding over a company that is virtually worthless to its shareholders. Over $10 a share a year or so ago and $1.10 a share when it closed Friday. I mention shareholder value first since it is the Holy Grail of consolidators. The shareholders should call for his head based on that alone. But, there's more.

2. Farid has presided over the destruction of the once proud and profitable ABC radio stations and network. He lusted after them like a true dealmaker with eyes larger than his stomach, but in the end his actions or inactions ran ABC into the ground, too. Cutbacks may be the magic of bean counters but they are not what success is made of for operators. John Hare was pretty good in comparison, wasn't he – when we look in retrospect.

3. Gutting the treasury of a troubled company. My old friend and RBR publisher Jim Carnegie reminds me that Farid was compensated to the tune of $17 million last year – excessive even if he succeeded and that the company has taken care of his capital gains situation. If you do that for a failed CEO, what do you do for one who delivers, say – a $2.00 share price for a radio stock? $34 million – Double! Insane.

4. Farid's first response to each financial crisis at Citadel is to fire the staff. The Chicago Tribune reported what staffers were calling a "bloodbath" at Citadel-owned WLS in Chicago. But wait, The Trib got it wrong. It reported Citadel, "fired a number of staffers, including several news veterans, as owner Citadel Broadcasting slashed costs nationwide during one of the biggest advertising downturns in radio history." What? No, the media is drinking the Kool-Aid of these desperate consolidators. What about the several year trend downward in share price – before the economic downturn? There are cutbacks at other ABC stations. Washington. Atlanta. New York. The "leader" is assuring his shareholders that he's in charge. Here's how he's quoted by Frank Saxe in Inside Radio, "Suleman says 'The time for talk is over and it is now time for the walk.' Suleman says the biggest "disappointment" has been the big markets where national revenues have been "a complete disaster." It's those former ABC Radio stations which Citadel bought from Disney last year." Farid has had plenty of time to walk the walk. Instead he stumbles.

5. A total lack of understanding on how to create and market content. That's why he's shown little sensitivity to the fact that Paul Harvey is his biggest star at 90 years old. The bean counter will try to slash that expense when his contract is up soon. Unable to grasp the business he is in – programming and marketing content – Farid does the only thing he knows – playing with his – numbers.”

Farids' reputation was gained only through working with Mel Karmazin and not so much about what he was doing. Also, ABC for years and years has had incredibly high profit margins. I know for a fact that in a top 10 station group a few years back the margin was close to 45%. You can't improve it without cutting staff and eventually affecting the number......Hate to be there..

Citadel buying the Disney Radio Networking, who was the brain child of this operation?

Radio Disney caters to 13 year olds and under with no buying power other than Hannah Montana tickets (which they beg their parents to buy). So no advertising to offset the capital used to expand their monopoly that can not service the debt.

All radio stations could easily get out of their current problems by declaring bankruptcy and surrendering their licenses to the FCC.

With the bankruptcies the hemorraging will stop and only the foolish investors and bond holders will be out their investment, much the same as those who invested in subprime mortgages.

Then with a new president next year the frequencies could all be auctioned off again. This time round each frequency would have to offer a specific format. That way the popular formats will bring in more money to the government, which will lead to fewer PD's as the format is laid out there and the owner of the station will have to gamble on how popular the format will be and pay the government to get a "monopoly" of that format.

Taxes can then be reduced as now owners will give the government billions of dollars each year to garner the rights to a "monopoly" of certain formats.

Okay you righties do you have a problem with this?

Wait a minute! Are you under the impression we're talking about Radio Disney? Radio Disney is not part of the deal. It's the old ABC O&Os.