Beyond Clear Channel

We'll be hearing plenty about the breakup of radio's friendly giant -- I kid -- but I'm now looking to begin focusing a long conversation on the great beyond. Let's not kid ourselves. The 448 smaller markets Clear Channel is selling could go to one or two mini-consolidators -- maybe public companies -- and then I'm not so optimistic. They could and should sell some to minorities, but they should also subsidize these minority owners not just let them die on the vine. If the "lower 448" wind up in the hands of mom and pop operators, entrepreneurs, my graduates at USC, you'll see a rebirth of local, personality-oriented, music and news&hellip