dbdigital said:
Anyacat said:
Look forward young man to the further consolidation of radio and fewer jobs, with a greater emphasis on making the investors rich. Clear Channel will grow rich and prosper, nothing I do or say can change that. But they can do so without my pennies.
I suppose we can close our eyes while driving past a Clear Channel billboard but that might prove dangerous. Really, unless you're GM or McDonalds threatening to pull ad dollars from them there is very little anyone can do to hurt CC directly.
However, in a way, something has been done to Clear Channel and the other conglomerates. Sometime ago, CC sent a letter to Chairman Martin arguing for a relaxation of the ownership caps. But when the matter was put up for public comment the response was overwhelming (about 3 million responders) and overwhelmingly against relaxing the caps. The public had spoken and Congress will no doubt act accordingly when this issue comes before them, if it even sees the light of day.
So, if nothing else, Clear Channel will probably be denied one of its objectives: buying more stations in the top rated markets.
db
In 2003, the FCC did exactly what Clear Channel and other large corporations wanted: They relaxed (all but eliminated) ownerships rules. However, three million people wrote to their Congressmen, more than wrote about the Iraq invasion, and Congress killed the changes. In June, Clear Channel's efforts got a boost when 26 representatives wrote a letter to the FCC urging the FCC to ease (or eliminate) ownership rules so that Clear Channel could purchase four more stations in major markets. The letter (signed by Fred Upton of Michigan and others) echoed Clear Channel's contention that the public good cannot be properly served unless large corporations owned at least 12 stations in major markets. The point being that in times of emergencies, no one but Clear Channel can be counted on to get the news out. In August, as you know, Clear Channel announced its intention to offload less profitable small stations--serving people who, apparently, don't need Clear Channel in times of emergencies. In 2003, then Chairman Michael Powell claimed he had e-mails from the public, but he never said what was in the e-mail nor do we know if they even existed. He also refused to hold public hearings. This time around, Chairman Martin is holding hearings, at which people have expressed their displeasure at the idea that large corporations should be allowed to own even more stations (and about consolidation in general). However, Chairman Martin is on record as being pro-consolidation and is not bound to listen to the public when he determines how their airwaves should be used. Do not count on Congress to ride to the rescue a second time.