L
lightyear1
Guest
From Lew Dickey (Re: Susquehanna deal) "I think this is the catalyst for further consolidation that I've been talking about for some time"....
"I really believe consolidation helps on both sides — revenue and expense — and I think you're going to see some compelling reasons for it to continue. When it's done thoughtfully and you can put assets together that fit well into easy combinations and manage them effectively, we believe there's a great deal of benefit."
Dickey also says "there is a great deal of consolidation left for the radio industry….It isn't as consolidated as other industries.”
------
Lew, you forget to realize one important element ..Radio is unlike other industries controlled by the free enterprise system. Most industries do not have their resources owned by the citizenry. Radio waves, Lew Dickey, despite what you think you can control, are owned by the public. Therefore, comparisons to other industries are irrelevant. Control of the voices buy such a few is really against free enterprise and is what the Communication Act of 1934 was set up to block. The regulation of this industry was set up to prevent an individual or corporation like you from controlling the voices in the marketplace.
Lew, you may want to make a case for further consolidation, but the cards are stacked against you. You may have upped the ante on the barrier to entry to radio ownership, but we, the citizenry, still hold the trump card. In the end, the FCC reports to us, the voting citizens of the United States. We can vote you out of office before you ever sign on the dotted line for this deal.
I am against Lew and his arrogance, who is with me?
"I really believe consolidation helps on both sides — revenue and expense — and I think you're going to see some compelling reasons for it to continue. When it's done thoughtfully and you can put assets together that fit well into easy combinations and manage them effectively, we believe there's a great deal of benefit."
Dickey also says "there is a great deal of consolidation left for the radio industry….It isn't as consolidated as other industries.”
------
Lew, you forget to realize one important element ..Radio is unlike other industries controlled by the free enterprise system. Most industries do not have their resources owned by the citizenry. Radio waves, Lew Dickey, despite what you think you can control, are owned by the public. Therefore, comparisons to other industries are irrelevant. Control of the voices buy such a few is really against free enterprise and is what the Communication Act of 1934 was set up to block. The regulation of this industry was set up to prevent an individual or corporation like you from controlling the voices in the marketplace.
Lew, you may want to make a case for further consolidation, but the cards are stacked against you. You may have upped the ante on the barrier to entry to radio ownership, but we, the citizenry, still hold the trump card. In the end, the FCC reports to us, the voting citizens of the United States. We can vote you out of office before you ever sign on the dotted line for this deal.
I am against Lew and his arrogance, who is with me?