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Date: | Thu, 16 Nov 2006 20:12:37 -0500 |
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Hi Phil, that is what I thought too. They sure own a lot of the band in
Detroit, both AM and FM. Not too many people care for Clear Channel, and
l ike I said earlier the smaller market stations in Michigan once owned by
Clear Channel are being sold, and other companies are coming into Grand
Rapids, and I'm not sure of Detroit. I only know wtat here in Detroit
there are a number of stations that have been on for years and Clear
Channel owns them.
On Thu, 16 Nov 2006, Phil Scovell wrote:
> Jeff,
>
> Here in Denver, they are reporting that Clear channel has been completely
> bought out by these private investors. They claim the change over will take
> up to a year because 400 smaller stations have to be sold off as a part of
> the deal. They also are reporting that the new owners will focus on the top
> 100 radio station markets, whatever that means. I thought they owned 1600
> stations based on an article I read a year ago or so and they had lost 1
> billion dollars at that point in one year.
>
> Phil.
>
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