WSJ: Fox Will Become Main News Source For Clear Channel [View All]

[Newsjock]

Kids, we couldn't make this one up in a million years.
http://online.wsj.com/article_email/0,,SB110229064974891515-IRje4NllaF3o5uuan2Gb6uJm4,00.html

By JOE FLINT
Staff Reporter of THE WALL STREET JOURNAL
December 6, 2004; Page B4

News Corp.'s Fox News has reached an agreement to become the primary news provider to radio giant Clear Channel Communications Inc.

The pact stands to greatly boost the radio presence of Fox News, which rolled out its service last year, as it looks to compete with the much more entrenched CBS Radio, a unit of Viacom Inc., and Walt Disney Co.'s ABC Radio.

Under the terms of the five-year deal, which starts next year, as many as 172 of Clear Channel's news and talk stations could eventually carry Fox's radio service, which includes news updates of up to five minutes per hour and syndicated talk shows by some of its cable news personalities, including Alan Colmes.

... ABC Radio will absorb the biggest blow from the Clear Channel-Fox News deal, according to Clear Channel's Mr. Hogan. While this deal doesn't necessarily mean that Clear Channel would drop ABC, he indicated that likely would be the case and that the bulk of the stations involved in this pact are affiliated with ABC's syndicated news service.

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