The FCC's new 'payola' rules
Four radio giants have agreed to pay the United States government a total $12.5 million dollars to settle an Federal Communications Commission investigation into their “payola” practices—the...
View ArticleGreed and Consolidation Trigger Another Bankruptcy in Radioland
On Friday the Wall Street Journal reported news that’s no surprise to radio industry watchers, that the third largest radio owners in the country, Citadel Communications, is about to declare...
View ArticleThe decade’s most important radio trends #10: Clear Channel Goes Private Equity
At the start of the decade the nation’s largest owner of radio stations, Clear Channel Communications, was flying high with a stock price over $90 a share in January, 2000. While public interest...
View ArticleHopeful week for radio/media stocks?
Given the state of the economy, last week wasn’t so bad for radio/media company investors. And this week might improve depending on what Federal Reserve Chair Ben Bernanke says, and what Sirius XM...
View ArticleFCC ponders the future of radio consolidation
The Federal Communications Commission is reviewing its media ownership rules again. That ordeal took up quite a bit of public bandwidth over the last decade, especially after former FCC Chair Michael...
View ArticleConservative AM talk is the new home for aging shock jocks
Long-time Chicago radio host Mancow Muller lost his last hometown gig last February when he was canned from Citadel Broadcasting‘s AM talk powerhouse WLS. But the Mancow has many lives, it seems. While...
View ArticleCitadel and Cumulus want to merge into Son-of-Clear-Channel
I’m not sure how I missed this bit of news, but I just learned that Cumulus, which boasts being the second largest owner of radio stations in the US, is bidding to buy the third largest, Citadel...
View ArticleNaming contest: what to call a Clear Channel, Cumulus, Citadel merger
I am pondering the merger names as I compose this post: Clear Citadus? Cumulo Citichannel? Citaclear Channelculus? My meditation is inspired by Clear Channel’s announcement on Monday that Cumulus’ 570...
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