Clear Channel Cuts Announced, 1850 People Out Of Work

[Scott Fybush]

Sean Smyth wrote:
> On Tue, 1/20/09, Scott Fybush <scott@fybush.com> wrote:
>> See my earlier response to Kevin about this...
> 
> I saw the point you made. You know much more about the industry than
> I, I'll gladly concede that any day, but something about the timing
> of this stinks. Just a gut reaction.

It's interesting to note that while CC got the headlines, there were 
also cuts at at least one CBS station today - looks like WINS and maybe 
WCBS may be about to get the same haircut that WBZ got.
> 
>> Broadcast regulation is somewhere on his radar, in the form of more
>> localism requirements and possibly revisiting ownership caps and
>> broadcast/print cross-ownership,
> 
> This was what I was trying to get at. Might not be the worst thing in
> the world to beef up the FCC's powers (and presumably, its budget) to
> deal with such issues.

This is probably true of just about every regulatory agency still left 
standing in DC. There's a lot on the new administration's plate after 
what's been, really, 28 solid years of deregulation in fits and starts, 
starting with Reagan in 1981.

s