<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from financial statements in Citadel Broadcasting Company's Form 10-K for the year ended December 31, 1997 and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> DEC-31-1997 <EXCHANGE-RATE> 1 <CASH> 7,684,991 <SECURITIES> 0 <RECEIVABLES> 26,553,079 <ALLOWANCES> (808,942) <INVENTORY> 0 <CURRENT-ASSETS> 35,926,371 <PP&E> 44,401,228 <DEPRECIATION> (9,158,944) <TOTAL-ASSETS> 344,172,294 <CURRENT-LIABILITIES> 13,332,675 <BONDS> 189,427,825 <PREFERRED-MANDATORY> 102,009,531 <PREFERRED> 0 <COMMON> 40 <OTHER-SE> 16,131,885 <TOTAL-LIABILITY-AND-EQUITY> 344,172,294 <SALES> 0 <TOTAL-REVENUES> 89,803,270<F1> <CGS> 0 <TOTAL-COSTS> 67,758,787 <OTHER-EXPENSES> 14,635,534 <LOSS-PROVISION> 1,016,375 <INTEREST-EXPENSE> 12,303,981 <INCOME-PRETAX> (5,460,234) <INCOME-TAX> (769,573) <INCOME-CONTINUING> (11,323,600) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (11,323,600) <EPS-PRIMARY> 283.09 <EPS-DILUTED> 283.09 <FN> <F1>Comprised of net revenues (gross revenues net of agency commissions). </FN>