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Clear Channel sale should prompt Democratic lawmakers to repair media landscale

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Armstead Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-17-06 10:30 AM
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Clear Channel sale should prompt Democratic lawmakers to repair media landscale
The sale of Clear Channel to Bain Capital Partners should be a wake up call to Democratic (and honest Republican) lawmakers to begin to undo some of the damage that has been wrought by Media Consolidation and Deregulation.


http://www.mysanantonio.com/business/stories/MYSA111706.01C.ClearChannelAssets.27b7f28.html


Will Clear Channel sale boost radio diversity?

Web Posted: 11/17/2006 12:31 AM CST

Sanford Nowlin
Express-News Business Writer

Clear Channel Communications Inc.'s plan to sell more than a third of its radio stations could help bring more diverse voices to the radio industry, experts say — diversity critics contend the company destroyed in the consolidation spree it led in the 1990s.

But, they cautioned, that depends on how San Antonio-based Clear Channel conducts the sale and who buys the properties. "I'm not sure not sure Clear Channel is going to want to sell them all individually," said Bill Christ, a Trinity University communications professor who tracks the radio industry. "And if one company ends up buying all of them, I don't think it brings any more diversity to the industry."


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