Vulture Capitalists Are Circling

There are a lot of fine people in radio who are watching the collapse of the Clear Channel empire as long overdue. Within a month, we may know the fate of the empire which includes 1,150 radio stations. The end won't be pretty -- unless you are a Mays family member. They'll be just fine. Maybe come away with a private radio company -- a spin off. Perhaps the sale of the outdoor division. In any case the vultures are circling the carcass as real vultures do when they spot something dying. Who would have thought? Well, I did and I said so when I owned Inside Radio. Took a lot of criticism for my position that deregulation and the&hellip