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The group's principal activities are the ownership and operation of radio stations in large metropolitan markets. the group owns 82 radio stations and provides talk and music programming targeted at audiences interested in religious and family issues. principal sources of revenue for the group have been: the sale of block program time, the sale of advertising time on radio stations, both to national and local advertisers and the sale of advertising time on national radio network. the group acquired dame-gallagher networks, llc and the following radio stations: wyll-am, wrrd-am, wrrd-am, whkw-am, wfia-am, wrol-am, wfhm-fm, wbtk-am, ksfb-am, wtbn-am, wfzh-fm, kfis-fm, krlh-am, klty-fm, and krlh-am in 2001. radio broadcasting accounted for 94% of 2001 revenues and other media 6%. |