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CorpWatch.org - Issues - Utility Deregulation - Articles - Clear Channel Rewrites Rules of Radio Broadcasting

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CorpWatch.org - Issues - Utility Deregulation - Articles - Clear Channel Rewrites Rules of Radio Broadcasting
Topic: Society 5:13 pm EDT, Oct 14, 2003

] Clear Channel is a product of the deregulation of radio
] in the United States through the Telecommunication Act of
] 1996, which overturned the rule limiting to forty the
] number of radio stations around the country that a single
] company could own.
]
] Today Clear Channel owns over 1,200 stations, or roughly
] one in every ten in the country, over 776,000 outdoor
] advertising displays, such as billboards and street
] benches, as well as 200 major concert halls across the
] nation. The company represents the biggest and most
] profitable bands and stars in the business, ranging from
] N'Sync, Tina Turner and Pearl Jam to sports legends like
] Michael Jordan and Andre Agassi.

If you aren't very familiar with the corporate machine that Clear Channel Communications is, please read. Many of our local stations in this area have banded together to keep Clear Channel's presence in this market to a minimum. Clear Channel needs to have their level of power cut back severely.

CorpWatch.org - Issues - Utility Deregulation - Articles - Clear Channel Rewrites Rules of Radio Broadcasting



 
 
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