[BC] Clear Channel Wants More?

JYRussell@academicplanet.com jyrussell
Tue Oct 4 17:38:24 CDT 2005


 >Specifically, he called for Congress to allow a single company to own
> more than the current limit of eight stations in the largest markets - -
10
> in markets with at least 60 stations and 12 in markets with at least 75
> stations.

>"Free radio is struggling. The cost of competing with new
>technologies and increased listener choice is staggering and profits are
>down. Specifically, free radio needs Congress to relax outdated
restrictions
>on our operations," Mays said. Then he added, "Free radio is not asking for
>much more room."
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   In my thinking, this logic isn't much different than any other corporate
logic.  It seems based on cost per unit, in a funny sort of way.  Maybe a
Wal-Mart approach to radio, so they can stretch their profit margin a little
by sharing costs across facilities.

  Phooey.  If every tower in the US belonged to a CC station... they'd still
have the same problems they have now, but in lots more locations... they
need to change something other than just the number of outlets they own.

Jason



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