Tom Betz wrote:

"Frank Dresser" wrote in
:

I'm not sure how this follows. Media consolidation is in full swing.
The FCC now has loose rules about multiple station ownership. Air
America can't buy the stations they planned on buying.

Because the Clear Channels and Viacoms of this world now own so many
stations in major markets, the markets are locked up. The current rules
allow them to own some money-losers in the same markets as big money-
makers, just to maintain a lock on the market -- the big money-makers
subsidize the money-losers.

In the past, such money-losers would be more likely candidates for sale to
an upstart like Air America.

In the current climate, it will take them longer to start buying.

I rather doubt they'll buy any stations at all...