Clear Channel wasted massive amounts on HD Radio!
 

"Radio: How many people did it take to write that Clear Channel memo?"

"When BainCapital opened the books it revealed the enormous sums of
money and time wasted with HD Radio conversion - at $100K per station
- and the other Clear Channel side projects, many since abandoned, all
of which helped give the radio industry its bad name."

http://gormanmediablog.blogspot.com/...committee.html