midwestradioman said:eventually they will sell when they can find the right multiple and the industry will be better served.
Right, but that will be on their schedule, not anyone else's. And they might sell to Cumulus or some even worse outfit. There were a lot of bad owners who sold to Clear Channel. Anyone who pays "the right multiple" is going to want to make that money back. They probably won't do it by spending a lot of money.
My point is that owners do what they want, and it often isn't what's best for radio.