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<dd class="tickertape"><a href="/web/20091213233548/http://www.radio-info.com/ticker_items/3064-snowball-express-radio-military-families" class="report eventTracker track_Ticker_Click label_label_3064-snowball-express-radio-military-families" id="report1">Snowball Express: Radio & Military Families</a></dd> <dd class="tickertape"><a href="/web/20091213233548/http://www.radio-info.com/ticker_items/3062-fall-phse-ii-trends-updated-daily-at-5-pm-et-here" class="report eventTracker track_Ticker_Click label_label_3062-fall-phse-ii-trends-updated-daily-at-5-pm-et-h" id="report2">Fall Phse II trends updated daily at 5 pm ET, here</a></dd> <dd class="tickertape"><a href="/web/20091213233548/http://www.radio-info.com/ticker_items/3061-three-christmases-and-a-hanukkah" class="report eventTracker track_Ticker_Click label_label_3061-three-christmases-and-a-hanukkah" id="report3">Three Christmases And A Hanukkah</a></dd> <dd class="tickertape"><a href="/web/20091213233548/http://www.radio-info.com/ticker_items/3036-jobs-for-our-displaced-colleagues-is-industrys-no-1-wish" class="report eventTracker track_Ticker_Click label_label_3036-jobs-for-our-displaced-colleagues-is-industrys" id="report4">Jobs For Our Displaced Colleagues Is Industry's No. 1 Wish</a></dd> <dd class="tickertape"><a href="/web/20091213233548/http://www.radio-info.com/ticker_items/3071-discussion-what-to-expect-from-a-citadel-bankruptcy" class="report eventTracker track_Ticker_Click label_label_3071-discussion-what-to-expect-from-a-citadel-bankr" id="report5">Discussion: What to Expect from a Citadel Bankruptcy</a></dd> <dd class="tickertape"><a href="/web/20091213233548/http://www.radio-info.com/ticker_items/3073-orlando-new-year-brings-new-imaging" class="report eventTracker track_Ticker_Click label_label_3073-orlando-new-year-brings-new-imaging" id="report6">Orlando: New Year Brings New Imaging?</a></dd> <dd class="tickertape"><a href="/web/20091213233548/http://www.radio-info.com/ticker_items/3072-music-what-happened-to-the-ladies-of-rap" class="report eventTracker track_Ticker_Click label_label_3072-music-what-happened-to-the-ladies-of-rap" id="report7">Music: What Happened To the Ladies of Rap?</a></dd> <dd class="tickertape"><a href="/web/20091213233548/http://www.radio-info.com/ticker_items/3070-kim-fitz-leaves-carrolltons-part-time-kiss-for-atls-full-time-kicks" class="report eventTracker track_Ticker_Click label_label_3070-kim-fitz-leaves-carrolltons-part-time-kiss-for" id="report8">Kim Fitz Leaves Carrollton's Part-time Kiss for ATL's Full-time Kicks</a></dd> <dd class="tickertape"><a href="/web/20091213233548/http://www.radio-info.com/ticker_items/2721-looking-for-work-in-radio-post-your-qualifications-here" class="report eventTracker track_Ticker_Click label_label_2721-looking-for-work-in-radio-post-your-qualificat" id="report9">Looking for Work in Radio? Post Your Qualifications Here</a></dd> </dl> </div> <div id="news_top"> <p> <a href="/web/20091213233548/http://www.radio-info.com/sections/2-breaking-news/news_items/7826-citadel-to-file-for-chapter-11-protection-by-year-end-a-debt-for-equity-swap" class="eventTracker track_NewsItem_ClickTopTwo label_label_7826-citadel-to-file-for-chapter-11-protection-by-y">Citadel to file for Chapter 11 protection by year-end – a debt...</a>    |    <a href="/web/20091213233548/http://www.radio-info.com/sections/2-breaking-news/news_items/7830-tim-romeo-herbster-joins-clear-channel-philadelphia" class="eventTracker track_NewsItem_ClickTopTwo label_label_7830-tim-romeo-herbster-joins-clear-channel-philade">Tim “Romeo” Herbster joins Clear Channel Philadelphia</a> </p> </div> </div> <div id="tray" style="display: none"> <div id="news"> </div> <div id="news_tray"> <div class="content">  <div id="stories"> <ul id="news_items"> <li> <div class="news_item" id="news_item_7826"> <a href="/web/20091213233548/http://www.radio-info.com/sections/2-breaking-news/news_items/7826-citadel-to-file-for-chapter-11-protection-by-year-end-a-debt-for-equity-swap" class="eventTracker track_NewsItem_Load label_7826-citadel-to-file-for-chapter-11-protection-by-y">Citadel to file for Chapter 11 protection by year-end – a debt for equity swap</a> </div> </li> <li> <div class="news_item" id="news_item_7830"> <a href="/web/20091213233548/http://www.radio-info.com/sections/2-breaking-news/news_items/7830-tim-romeo-herbster-joins-clear-channel-philadelphia" class="eventTracker track_NewsItem_Load label_7830-tim-romeo-herbster-joins-clear-channel-philade">Tim “Romeo” Herbster joins Clear Channel Philadelphia</a> </div> </li> <li> <div class="news_item" id="news_item_7832"> <a href="/web/20091213233548/http://www.radio-info.com/sections/2-breaking-news/news_items/7832-making-moves-friday-december-11-2009" class="eventTracker track_NewsItem_Load label_7832-making-moves-friday-december-11-2009">Making Moves: Friday, December 11, 2009</a> </div> </li> <li> <div class="news_item" id="news_item_7833"> <a href="/web/20091213233548/http://www.radio-info.com/sections/2-breaking-news/news_items/7833-a-catastrophic-equipment-failure-signals-the-end-for-wyxc-in-cartersville-ga" class="eventTracker track_NewsItem_Load label_7833-a-catastrophic-equipment-failure-signals-the-e">A "catastrophic equipment failure" signals the end for WYXC, in Cartersville, GA</a> </div> </li> <li> <div class="news_item" id="news_item_7834"> <a href="/web/20091213233548/http://www.radio-info.com/sections/2-breaking-news/news_items/7834-the-bbms-new-people-meter-ratings-in-edmonton-show-a-big-move-for-modern-rock" class="eventTracker track_NewsItem_Load label_7834-the-bbms-new-people-meter-ratings-in-edmonton-">The BBM's new People Meter ratings in Edmonton show a big move for modern rock</a> </div> </li> <li> <div class="news_item" id="news_item_7835"> <a href="/web/20091213233548/http://www.radio-info.com/sections/2-breaking-news/news_items/7835-bill-oreilly-takes-on-law-order-svu-after-being-described-as-like-a-cancer" class="eventTracker track_NewsItem_Load label_7835-bill-oreilly-takes-on-law-order-svu-after-bein">Bill O'Reilly takes on "Law & Order SVU" after being described as "like a cancer" </a> </div> </li> <li> <div class="news_item" id="news_item_7836"> <a href="/web/20091213233548/http://www.radio-info.com/sections/2-breaking-news/news_items/7836-one-in-three-listen-to-radio-online-in-britain-says-a-new-industry-report" class="eventTracker track_NewsItem_Load label_7836-one-in-three-listen-to-radio-online-in-britain">One in three listen to radio online in Britain, says a new industry report</a> </div> </li> </ul> </div> <div id="news_item"> <h3 class="tray-headline">Citadel to file for Chapter 11 protection by year-end – a debt for equity swap</h3> <div id="news_item_7826_image" class="news_items thumb scaled"><img alt="Citadel_logo_default_scaled" src="/web/20091213233548im_/http://www.radio-info.com/system/news_item_images/0002/6184/Citadel_logo_default_scaled.png?1260486299"/></div> <p>It’s facing a January 15 deadline with lenders, and the <a href="https://web.archive.org/web/20091213233548/http://online.wsj.com/article/SB10001424052748703514404574588213894996246.html?mod=googlenews_wsj">Wall Street Journal</a> has details of the “prearranged” package reached in conjunction with them. The Journal says “lenders owed $2 billion would swap a substantial amount of that debt for around 99.5% of the equity in a reorganized company.” J.P. Morgan Chase and GE Capital hold about 40% of the debt and they're reportedly on board with the new deal that would chop Citadel’s debt from over $2 billion to about $760 million. But more support is needed from the lenders before the Chapter 11 package can be filed. Some of them would be given warrants instead of stock, so they don’t hold attributable interests that wouldn’t pass muster with the FCC.</p> <div class="meta"> <div class="do relatedInfo"> <a href="javascript:void(0);" class="icon eventTracker track_MetaButton_Related label_7826-citadel-to-file-for-chapter-11-protection-by-y">Related Info</a> <div class="tip">Related Info</div> <div class="panel"> <div class="tab"> <h6>Related Info</h6> </div> <div class="pith"> <a href="#" class="panel_close">X</a> <ul> <li><a href="/web/20091213233548/http://www.radio-info.com/sections/21-programming/columns/40-country/essays/872-brooks-dunn-among-tj-martell-foundation-honorees">Brooks & Dunn Among T.J. 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Listening to Music. Listening to You.</h2> </div> <div class="newsletter newsItem" id="newsletter_6"><p> Ross On Radio is a twice-weekly analysis of radio programming and music from Sean Ross, who has the knowledge to relate the past, convey the present, and look to the future. <span class="read_more"><a href="/web/20091213233548/http://www.radio-info.com/member/new" class="read_more">Subscribe</a></span> </p> </div> <div class="newsletter_issue newsItem first" id="newsletter_issue_727"><h3 class="blurb-header"> Vol. 1, Issue 51 – A Thin Line Between Hip And Unhip </h3> <div class="meta_information"> <div class="date">Published: Thursday, December 10, 2009</div> </div> <p> Readers On Radio: Boyling It Down • First Listen: Grown Folks Jamz • Three Christmases (And A Hanukkah) <span class="read_more"><a href="/web/20091213233548/http://www.radio-info.com/login" class="read_more">Login to read newsletter...</a></span> </p> <div style="clear: both;"></div> </div> <div class="newsletter_issue newsItem" id="newsletter_issue_726"><h3 class="blurb-header"> Vol. 1, Issue 50 – The PPM Dialogue Gets…Uglier? </h3> <div class="meta_information"> <div class="date">Published: Tuesday, December 08, 2009</div> </div> <p> A Little Something More About “Nothing” • From the Boards: More Lost Hits • Everywhere I "Go" <span class="read_more"><a href="/web/20091213233548/http://www.radio-info.com/login" class="read_more">Login to read newsletter...</a></span> </p> <div style="clear: both;"></div> </div> <div class="newsletter_issue newsItem" id="newsletter_issue_725"><h3 class="blurb-header"> Vol. 1, Issue 49 – The Greatest Hit You’ve Never Heard </h3> <div class="meta_information"> <div class="date">Published: Thursday, December 03, 2009</div> </div> <p> The Holiday’s Most Trivial Gifts • 30 Under 30... After 18 Months That Rocked Urban Radio • Four More Christmases: The Holiday’s Original Homes • Readers On Radio: A Christmas Without Any Fear • Holiday Irritants Invade Stark Country <span class="read_more"><a href="/web/20091213233548/http://www.radio-info.com/login" class="read_more">Login to read newsletter...</a></span> </p> <div style="clear: both;"></div> </div> <div class="newsletter_issue newsItem" id="newsletter_issue_724"><h3 class="blurb-header"> Vol. 1, Issue 48 – How The PSAs Stole Christmas </h3> <div class="meta_information"> <div class="date">Published: Tuesday, December 01, 2009</div> </div> <p> Four Christmases: Holiday Radio Reviewed • Gaining Something In Translation • 30 Under 30, 18 Months Later, Part II • Readers On Radio: Who Made The Call? • When Turkeys Fly • Truckin' Through Thanksgiving <span class="read_more"><a href="/web/20091213233548/http://www.radio-info.com/login" class="read_more">Login to read newsletter...</a></span> </p> <div style="clear: both;"></div> </div> <div class="newsletter_issue newsItem" id="newsletter_issue_700"><h3 class="blurb-header"> Vol. 1, Issue 47 – 30 Under 30 … After 18 Tough Months </h3> <div class="meta_information"> <div class="date">Published: Tuesday, November 24, 2009</div> </div> <p> Dene Hallam: A Programming Appreciation • This Holiday Season, You Make The Call • From the Boards: Worstest Holiday Songs Ever • Then The Mudvayne Song Came On • They Try To Think About Listeners <span class="read_more"><a href="/web/20091213233548/http://www.radio-info.com/login" class="read_more">Login to read newsletter...</a></span> </p> <div style="clear: both;"></div> </div> <div class="newsletter_issue newsItem" id="newsletter_issue_699"><h3 class="blurb-header"> Vol. 1, Issue 46 – Top 40’s Paradox Of Choice </h3> <div class="meta_information"> <div class="date">Published: Thursday, November 19, 2009</div> </div> <p> Six Million Ways (For Songs) To Die • Fresh Listen: Washington, D.C.’s Hot 99.5 • From the Boards: When Good Songs Go Fast <span class="read_more"><a href="/web/20091213233548/http://www.radio-info.com/login" class="read_more">Login to read newsletter...</a></span> </p> <div style="clear: both;"></div> </div> <div class="newsletter_issue newsItem" id="newsletter_issue_698"><h3 class="blurb-header"> Vol. 1, Issue 45 – Which Format Is Tighter Than Ever? </h3> <div class="meta_information"> <div class="date">Published: Tuesday, November 17, 2009</div> </div> <p> First Listen: Winnipeg’s Streetz 104 • Readers On Radio: The Gales Of November Come Early • From the Boards: What Is Talent? • “First” And Finally … <span class="read_more"><a href="/web/20091213233548/http://www.radio-info.com/login" class="read_more">Login to read newsletter...</a></span> </p> <div style="clear: both;"></div> </div> <div class="newsletter_issue newsItem" id="newsletter_issue_697"><h3 class="blurb-header"> Vol. 1, Issue 44 – Two Off-Air Forces Converge, Defy Gravity? </h3> <div class="meta_information"> <div class="date">Published: Thursday, November 12, 2009</div> </div> <p> First Listen: RadioIO Poolside • Stark Country, Stark Realities <span class="read_more"><a href="/web/20091213233548/http://www.radio-info.com/login" class="read_more">Login to read newsletter...</a></span> </p> <div style="clear: both;"></div> </div> <div class="newsletter_issue newsItem" id="newsletter_issue_696"><h3 class="blurb-header"> Vol. 1, Issue 43 – Mainstream Top 40’s Hardest Working Acts </h3> <div class="meta_information"> <div class="date">Published: Tuesday, November 10, 2009</div> </div> <p> Station Shows Help Justify Justin • First Listen: Hit Parade Radio • Readers on Radio I: Mainstream AC’s Evolution • Readers on Radio II: Z104.3, WPTY, Moneyball Strikes Out <span class="read_more"><a href="/web/20091213233548/http://www.radio-info.com/login" class="read_more">Login to read newsletter...</a></span> </p> <div style="clear: both;"></div> </div> <div class="newsletter_issue newsItem" id="newsletter_issue_695"><h3 class="blurb-header"> Vol. 1, Issue 42 – Mainstream AC’s Evolution Continues </h3> <div class="meta_information"> <div class="date">Published: Thursday, November 05, 2009</div> </div> <p> Even at WPLM, super-soft is water "Under the Bridge" • (Not So) Easy To Be Harder • Fresh Listen: WLTW (Lite FM) New York • From the Boards: The Longest Running Hot AC? 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