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What do you folks thing of Clear Channel going private?

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Snotcicles Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-19-06 12:46 PM
Original message
What do you folks thing of Clear Channel going private?
Edited on Sun Nov-19-06 12:54 PM by Snotcicles
I don't know much about the issue but my hope is that new owners will be an un-bias group that will adhere to the truth.
http://dealbook.blogs.nytimes.com/2006/11/16/clear-channel-accepts-185-billion-takeover-bid/?excamp=GGDBclearchannelsale
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natrat Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-19-06 12:54 PM
Response to Original message
1. i think its payback for supporting the junta
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Snotcicles Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-19-06 12:54 PM
Response to Original message
2. Kick link added n/t
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MannyGoldstein Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-19-06 12:55 PM
Response to Original message
3. It's Now Owned By Willard "Mitt" Romney
I'm thinkin' it's gonna be "Fair and Balanced". As in Faux News.
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Old and In the Way Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-19-06 01:04 PM
Response to Reply #3
8. I think it will be used as his private election vehicle.
Expect to see lots of PSA's on why Mitt will be a great President from this platform.
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MannyGoldstein Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-19-06 01:07 PM
Response to Reply #8
11. This Desrves A Post, I Think
By my calculation, he now controls 702 radio stations.

Bad stuff.
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A HERETIC I AM Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-19-06 12:55 PM
Response to Original message
4. Lots of advantages to going private.....
Chief among them (for an organization of dubious ethics, anyway) is less public oversight. If you are a private company, there are no shareholders that can vote for board members. More control and less public scrutiny.
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Hav Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-19-06 12:56 PM
Response to Original message
5. .
I'm not sure, but I heard that one of the founders of one company that participated in that deal was Mitt Rommney, a possible presidential candidate for the Repubs.
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Roland99 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-19-06 12:59 PM
Response to Original message
6. Might as well sell it to Carlyle
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grateful581 Donating Member (760 posts) Send PM | Profile | Ignore Sun Nov-19-06 01:03 PM
Response to Original message
7. I hope they don't shut down more progressive talk stations
Edited on Sun Nov-19-06 01:07 PM by grateful581
Clear Channel is owner of quite a few progressive radio talk stations. CC already announced that Madison's http://www.madisonmix.com/main.html "> The Mic 92.1 is going off the air.

I don't think that this had to do with the merger. I just hope it's not a sign of things to come.
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NancyG Donating Member (483 posts) Send PM | Profile | Ignore Sun Nov-19-06 01:04 PM
Response to Original message
9. I fear for The Quake in San Francisco
Mostly Air America now, and a Clear Channel.
It's on all day here.
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Snotcicles Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-19-06 01:05 PM
Response to Original message
10. My hope is rep. Conyers and the rest of washington take a long hard look at this. n/t
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Beelzebud Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-19-06 01:08 PM
Response to Original message
12. I think it makes them MORE dangerous because they answer to no one now.
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Jack Rabbit Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-19-06 01:12 PM
Response to Original message
13. Nothing, one way or the other
Clear Channel is still a large communications corporation that owns a huge percentage of American radio stations. It centralizes the operation without concern for local issues or diversity of opinion.

This is something that needs to be broken up.
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sandyd921 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-19-06 01:14 PM
Response to Original message
14. I wouldn't hold out much hope for that.
The group that purchased it is closely tied to Mitt Romney. Sounds like Romney is looking to Silvio Berlusconi's control of media in Italy as his model for aspiring to the presidency of this country.

http://timgermer.vox.com/library/post/clear-channels-2008-ambitions.html
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AnnInLa Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-19-06 01:41 PM
Response to Original message
15. Just been bought by Mitt Romney and his group
was reported on some of the liberal blogs last week....a google search will turn up those facts.

what do you think Clear Channel will be used for now?
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Strelnikov_ Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-19-06 01:47 PM
Response to Reply #15
18. Silvio Berlusconi . . er . . Mitt Romulan Will Use It To Get Elected?
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951-Riverside Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-19-06 01:43 PM
Response to Original message
16. What do you mean by private? n/t
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EvangelOphileBlican Donating Member (57 posts) Send PM | Profile | Ignore Sun Nov-19-06 01:43 PM
Response to Original message
17. Delete
Edited on Sun Nov-19-06 01:43 PM by EvangelOphileBlican
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