Rush ready for KBOI debut
Don Day | October 8, 2008KBOI/670 AM is excited about its new acquisition: Rush Limbaugh.
As we noted first here Monday, KBOI will pick up the show from KIDO starting January 1, 2009. The station is already promoting the move and doing a twice-daily cash giveaway tied to the upcoming debut.
Looks like they have locked up the ultra right wing crew. Guess that is what sells in ID and without the Broncos they had to do something.
Boy, it’s a funny thing… Anyone that works for Citadel and owns their stock is taking a bath, as their closing price indicates. Wow, $0.36 that is pretty impressive! But they throw cash to listeners and to pick up Rush. I wonder who will be thrown from the Citadel ship? Sound the alarm! All hands on deck!
Sheesh, Stripes. Don’t you realize that poor Rush needs the money? Oxycontin isn’t free, you know.
Geez, you do have a point there! hahaha!
I’m thinking that if a few of us emptied our piggy banks we could put together the 100 million dollars or so that it would take to purchase a majority stake in Citadel.
Jim,
That would be like an alcoholic buying a saloon.
Yeah, but it would be fun!!
Interesting point…..stock goes in the crapper, but they can always find money for something besides employing local bodies. Just like Journal…..hurting money-wise, laying off jocks but still managed to buy KNIN.
Does Citadel corporate have a huge loan payoff coming up? I think I read that in the trades, which in part is why the stock is worth the same amount as a Butterfinger Candy Bar.
“Does Citadel corporate have a huge loan payoff coming up? I think I read that in the trades, which in part is why the stock is worth the same amount as a Butterfinger Candy Bar.”
Actually, it’s currently worth less than that.
Opie and Anthony, who I listen to via satellite radio, apparently each bought a hundred grand worth of Citadel stock when it had its IPO. The price at the time was $19/share.
According to O & A, the stock is now at 39 cents a share. The hundred grand investment is now worth less than three thousand bucks.
Hmmmm, so now the truth is coming out. The article in this morning’s Press-Tribune also indicated this was a corporate move and not local and insinuated the move was financial.