<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from financial statements in Citadel Broadcasting Company's Form 10-Q for the nine months ended September 30, 1998 and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> SEP-30-1998 <EXCHANGE-RATE> 1 <CASH> 7,406,965 <SECURITIES> 0 <RECEIVABLES> 33,089,071 <ALLOWANCES> (1,280,553) <INVENTORY> 0 <CURRENT-ASSETS> 42,738,241 <PP&E> 49,138,530 <DEPRECIATION> (12,304,811) <TOTAL-ASSETS> 373,353,272 <CURRENT-LIABILITIES> 11,681,498 <BONDS> 118,197,999 <PREFERRED-MANDATORY> 112,964,761 <PREFERRED> 0 <COMMON> 40 <OTHER-SE> 105,202,812 <TOTAL-LIABILITY-AND-EQUITY> 373,353,272 <SALES> 0 <TOTAL-REVENUES> 98,821,374<F1> <CGS> 0 <TOTAL-COSTS> 71,876,093 <OTHER-EXPENSES> 20,005,073 <LOSS-PROVISION> 886,873 <INTEREST-EXPENSE> 13,590,447 <INCOME-PRETAX> (7,442,963) <INCOME-TAX> (1,162,507) <INCOME-CONTINUING> (6,280,456) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (6,280,456) <EPS-PRIMARY> (427.57) <EPS-DILUTED> (427.57) <FN> <F1>Comprised of net revenues (gross revenues net of agency commissions). </FN>