Update on Clear Channel deal
The New York Times has a piece up about the acquisition of Clear Channel. They don’t mention Romney. It notes that
Clear Channel said in a separate statement Thursday that it would sell 448 of its 1,150 radio stations, as well as its 42-station television group.
I’m not sure that that means in terms of what Bain Capital (and the other buyers) would control in terms of local stations. I assume it means they’ll be still have the 702 radio stations left over after the sell off. That’s still a pretty megaphone for a presidential candidate.
Let’s not forget that Clear Channel was pretty bad to begin with
Clear Channel and the Mays family, which has contributed generously to President Bush and other Republican candidates, are frequently criticized for standardizing play lists, reducing local news coverage and favoring conservative causes on their radio stations.
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