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Fwd: Re: Clearing Up Clear Channel Myths - Finally

>DATE: Sat, 18 Oct 2003 14:32:21
>From: "Dan Cole" <dwcole@comcast.net>
>To: <boston-radio-interest@bostonradio.org>

>From: "rogerkirk" <rogerkirk@mail.ttlc.net>

> After reading this, I am now a supporter of Clear
> Channel.  Obviously, they are much maligned and
> someone has to get the truth out.  I feel so
> ashamed at having thought badly of them. Mea Culpa!
> http://radio.about.com/cs/funradiothings/p/RadioMyths.htm

I like the reference to all the financially failing radio
stations that existed prior to consolidation.  These would
include all the Class IV am's and am daytimers, plus
marginal major-market am's like WWZN.  The real problem
is the number of Class I and IA 50k am's and full-power FM's
in the hands of just a few owners.  These were never going to fail
utterly;  they would have been bought at fair-market prices
by a multitude of owners and made profitable one way or another.

Laurence Glavin

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