Clear Channel, sometimes referred to as The Evil Empire in the consumer press, has finally let the FCC know the merger conditions it is requesting should the Commission approve the merger of XM and Sirius. That is, after the DOJ decides.
Clear Channel is a minority owner in XM and has been for a long time. And, they provide some terrestrial programming for XM.
It must have been a good fit way back then because from the looks of their merger conditions, satellite radio is the evil empire -- not Clear Channel.
Here's what Clear Channel wants (in bold) -- with my comments:
1. No less than 50% of broadcast&hellip
Recent Posts
- The Unintended Consequences of the CBS Radio News Shutdown
- The Major Market Selloff
- Salem’s $31 Million “Inside Job”
- The Disconnected Dashboard
- Is Saga’s Turnaround Working?
- Beasley’s Hall Pass
- iHeart’s Q1 Growth Masks Profitability Decay
- Townsquare’s Deceiving Earnings Report
- Radio's New Global Capital Play
- Why Billionaires Keep Buying Dying Linear Media