Tennessee Titans Want Citadel To Decide On Radio Deal
April 6, 2010 at 4:25 AM (PT)
The TENNESSEE TITANS and its DREAM SUITES, INC. have filed a motion to compel CITADEL BROADCASTING to accept or reject the team's contract with the radio group, which runs through FEBRUARY 14th, 2011, by MAY 17th. CITADEL, which is moving the games from Country WKDF to Sports WGFX (104.5 THE ZONE)/NASHVILLE this season, owed $1.9 million due AUGUST 15th and $1.9 million due SEPTEMBER 15th, with CITADEL getting the ad inventory to sell for "considerable revenues." CITADEL also has a deal with DREAM SUITES for a luxury box at LP FIELD, plus 200 complimentary tickets for each TITANS home game in exchange for $1 for the suite license.
"The radio broadcast of the programs is important to the TITANS," the filing asserts. "First, it is important to them in terms of maintaining their fan base. The TITANS fans, which ultimately are responsible for driving the TITANS' revenues, expect the Programs to be broadcast as they have in past years. Failing to do so will cost the TITANS some of their fan base, which in turn will cost the TITANS a loss of revenue. Moreover, the Programs are a direct source of revenue for the TITANS ... If CITADEL does not wish to broadcast the Programs, then the TITANS can and will provide that opportunity to another broadcaster. However, if the TITANS have to find someone other than CITADEL to broadcast the programs, they need to begin that process immediately."
CITADEL is not presently in default of the agreements. The company yesterday announced an additional year's extension of its deal to carry LOS ANGELES DODGERS baseball on Talk KABC-A/LOS ANGELES.