Clear Channel Considering Sale
The board of the largest US radio broadcaster, Clear Channel Communications, is considering a possible leveraged buyout by the Mays family, which holds a controlling interest. Mark Mays, the CEO of Clear Channel has overseen a spinoff of «the company's live entertainment unit, Live Nation Inc., and sold shares of its outdoor advertising unit, Clear Channel Outdoor Holdings Inc., in an IPO.»
Clear Channel subsidiary Premiere Radio Networks syndicates 70 radio programs including several of the most popular talk radio programs and personalities. Among others:
- Rush Limbaugh
- Glenn Beck
- Dr. Laura Schlesinger
- Coast to Coast AM with George Noory and Art Bell
- Maria Bartiromo
- Matt Drudge
- Donald Trump
Bloomberg.com: U.S.
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- Categories: Miscellaneous (RSS)
- Tags: Clear Channel (RSS), talk radio (RSS)
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