Trick or Treat for Radio

I thought Halloween was over. Not for radio. November 10th is supposedly the date Clear Channel should receive the first bids in its breakup attempt. News accounts indicate that Kohlberg Kravis Roberts (KKR) may have had a head start on all of this several months ago. Some later bidders may be at a disadvantage because -- short of a deadline extension -- they will only have a few weeks to get their bids together. At the heart of Clear Channel's move is how a buyout group would deal with (or deal away) radio properties here and abroad, TV stations and outdoor businesses in and out of the U.S. So what could be in the bag of goodies?&hellip

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