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Thursday, November 16, 2006

Goliath is shedding some weight

Dustin pointed out to me that mega-radio station owner, Clear Channel in San Antonio, is planning a garage sale:
In a separate announcement today, Clear Channel said it plans to sell 448 of its radio stations, all located outside the top 100 media markets in the U.S., and its 42-station television group.
I didn't realize they had that many TV stations too! Even if the company sells those 448 radio stations, it will still own 702. CONTACT: Leave me a Houston or Texas media news tip | COMMENT: Click to leave your thoughts on this post here