Clear Channel Reportedly Will Announce $400 Million In Cuts This Week

[Doug Drown]

Much is said about this on the New York Radio Message Board.  Check it 
t.   -Doug

----- Original Message ----- 
From: "Mark Watson" <markwats@comcast.net>
To: "Boston Radio" <boston-radio-interest@rolinin.bostonradio.org>
Sent: Monday, January 19, 2009 9:59 AM
Subject: Clear Channel Reportedly Will Announce $400 Million In Cuts This 
Week


>   Clear Channel Communications, owner of 1,200 radio stations nationwide, 
> may announce the cuts as early as tomorrow, which is Inauguration Day, 
> IMHO so they can slip this one under the radar on one of, if not the, 
> busiest and most historical news days ever. Cuts are expected not just in 
> their broadcast operations, but also their outdoor advertising and 
> international divisions. No one at CC's headquarters is commenting. Found 
> this article about the reported cuts on the Springfield Republican 
> website:
>
> http://www.masslive.com/springfield/republican/index.ssf?/base/news-18/123218017392460.xml&coll=1
>
> Mark Watson
>