10at10 Club

Main Discussion Area => Stream of Consciousness => Topic started by: RGMike on April 21, 2005, 11:14:03 AM

Title: Susquehanna Selling KFOG???
Post by: RGMike on April 21, 2005, 11:14:03 AM

per radio & records:

http://www.radioandrecords.com/Newsroom/2005_04_20/susquehannalooks.asp

imagine Clear Channel owning KFOG, the Bone and KNBR (*shudder*)...

Title: Susquehanna Selling KFOG???
Post by: princessofcairo on April 21, 2005, 12:33:44 PM

that's scary. not that i listen to kfog anyway. but still...they can't own everything!

Title: Susquehanna Selling KFOG???
Post by: Gazoo on April 21, 2005, 01:40:22 PM

Quote from: "princessofcairo"

that's scary. not that i listen to kfog anyway. but still...they can't own everything!

Sure they can!  The only hope for music lovers lies in the fact that Clear Channel's not returned the expected shareholder profits in recent quarters IIRC.  There are legal limits to what percentage of a radio market one entity is allowed to own, but Clear Channel has found ways to skirt these limits (usually by purchasing stations on the down-low and keeping the station owners around as a puppet-shell).

Title: Susquehanna Selling KFOG???
Post by: princessofcairo on April 21, 2005, 01:46:06 PM

Quote from: "Gazoo"

There are legal limits to what percentage of a radio market one entity is allowed to own, but Clear Channel has found ways to skirt these limits (usually by purchasing stations on the down-low and keeping the station owners around as a puppet-shell).

bah-bah-BAH bah-bah-BAH bah-BAH bah-BAH-bah!!!!!

Title: Susquehanna Selling KFOG???
Post by: Gazoo on April 21, 2005, 02:04:11 PM

Quote from: "princessofcairo"

Quote from: "Gazoo"

There are legal limits to what percentage of a radio market one entity is allowed to own, but Clear Channel has found ways to skirt these limits (usually by purchasing stations on the down-low and keeping the station owners around as a puppet-shell).

bah-bah-BAH bah-bah-BAH bah-BAH bah-BAH-bah!!!!!

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