:
Th Nov 16 -
LISTENING UP -
Clear Channel Communications, which owns Premiere Radio Networks, has agreed to be purchased by private equity firms Bains Capital and Thomas H Lee Partners. The company is reputed to own more than 1,500 radio stations in the U.S.
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"This is the day media decided to explode locally and nationally, what with Clear Channel's decision to sell off 448 radio stations, the Tampa Tribune admitting its star Al-Arian reporter has left the story after starting a romantic relationship with the one of the prosecutor..."
--Eric Deggan Blog, Tampabay.com
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- Motley Fool via MSNBC
- Will US radio landscape change?
--by Sue Zeidler at Reuters
- Some informal background
- A U.S. Berlusconi?
...