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CLEAR CHANNEL BUYOUT? EFFECT ON PROVIDENCE?

F

Feralcat

Guest
This stuff gets more complicated for me to understand but basically it looks like Clear Channel is looking for a buyout. One of the groups in talks is actually in Providence, Providence Equity Partners, now that their location makes a difference. If this happened what would be the effect on Providence stations? Probably any new owner would want to hold onto HJY and B101 but would Coast be any use to a new owner considering all they do is flank apparently and their numbers really don't move in any direction for any length of time. I think they've done about as good as they'll ever do and the morning show is probably a pricey one. Then there's HJJ that isn't doing well and supposedly is an expensive operation too. Any thoughts?
 
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