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Clear Channel is in the "crapper", along with HD Radio
"Clear Channel's murky future"
"Sad because eliminating new hires (including sellers), failing to replace those who leave, stopping all investment in the future, and halting all advertising and research is the equivalent of saying that necessity requires us to strangle the goose that lays the golden eggs, even as the goose is up for sale." http://www.hear2.com/2008/01/clear-channels.html "CLEAR CHANNEL PULLS THE PLUG ON SOME HD RADIO STATIONS" "After conducting a survey of 340 HD2 stations to determine their programming needs, the folks at Clear Channel have dumped a number of their HD 'Format Lab' stations due to a lack of demand." http://talentfilter.blogspot.com/200...pulls-plug-on-... "WSJ: The Deafening Clear Channel Silence" Jan 28, 2008 Posted by Dana Cimilluca For Clear Channel Communications shareholders, silence is anything but golden. Arbitrage investors who have put their faith in the radio broadcaster's buyout are the latest deal junkies running scared after the honcho of one of the private-equity firms buying Clear Channel went unnervingly mum today. At $29.51, Clear Channel stock is down some 6% today and is nearly $10 below the $39.20 buyout price. http://blogs.wsj.com/deals/2008/01/2...ar-channel-sil... Clear Channel's stock has been historically at a high of $90, but has lost 2/3 of its value - most other major radio stocks have lost 90% and are in the penny-stock range. Going private, just as with merging, is a retreat strategy. Cramer is right - it's over for radio as we know it, and over for HD Radio. |
Clear Channel is in the "crapper", along with HD Radio
Clear Channel is the worst thing ever to happen to radio. Their one size
fits all corporate approach killed the radio star. Because of Crap Channel jobs have disappeared and saleries industry wide have been driven down. And radio's 'digital future" under the direction of CC is a joke and may not happen. Sorry the post is negative but you have to agree CC is an evil empire! I'd say nice things about CC but I can't think of anything! |
IBOC : Clear Channel is in the "crapper", along with HD-Radio
On Mar 24, 7:47*pm, "Scooter" wrote:
- - Clear Channel is the worst thing ever to happen to radio. - - Their one size fits all corporate approach killed the radio star. - - Because of Crap Channel jobs have disappeared - and saleries industry wide have been driven down. - - And radio's 'digital future" under the direction of CC - is a joke and may not happen. - - Sorry the post is negative but you have to agree CC - is an evil empire! - - I'd say nice things about CC but I can't think of anything! Scooter, OK - Here is a Nice Thing to say about Clear Channel Communications : They Pay Their Lobbyists Very Well ! http://www.sourcewatch.org/index.php...ns#Lobby ists Plus Clear Channel Communications makes some very nice Political Contributions : To The Right People. http://www.sourcewatch.org/index.php..._contributions -ps- This US Presidential Year : I am sure that Barack "Insane" Obama and Hillary "Rotten" Clinton and John "Smiley" McCain are each receiving a Good Deal of Clear Channel's Air-Time and Money. Scooter - This is Why I Write : REALITY - Somewhere down-the-line the FCC will be Forced by the Members of the US Congress -to-made- IBOC HD-Radio the 'new' Digital Radio Broadcasting Standard; all in the name of the Public Good toward a Digital Society. THE TRUTH IS - Members of the US Congress will Act to Protect the Existing Capital Assets {Radio Stations} of the Media Corporations and Force the FCC to make IBOC the New Standard for All AM/FM Radios. IBOC HD-Radio = Follow-the-Money = Politi¢$ the truth is out there - riding on a radio wave ~ RHF |
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