Now that Clear Channel will be no more...will everyone here do a little dance? How will the sale affect the local markets in VT, NH and Maine??
Hooray?
Hooray?
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Now is everyone happy!?!?
- Thread starter Dudeman2000
- Start date
Until we find out who buys them, who know. If Nassua buys them, they are F'd.
A
Anyacat
Guest
Who said there would be no more Clear Channel?
this makes me worry about tos's future...
who owns 94.9? the big monster signal?
who owns 94.9? the big monster signal?
Anyacat said:Who said there would be no more Clear Channel?
Well Augusta and Bangor are for sale, as are the Clear Channel properties in Portsmouth and Vermont!
Letter from Hogan
The following is an email from John Hogan, President and Chief Executive Officer of Clear Channel Radio, dated November 16, 2006, to the employees of Clear Channel Radio.
Good Morning,
Today the company announced that we will be going private and details on that were provided in an earlier e-mail from Mark Mays.
Additionally, we are announcing the intention to sell Clear Channel TV as well as 448 radio stations in some 90 markets and includes your market and stations. Attached is a list which details all markets we intend to sell. The decision to sell the stations in your market was not made quickly or easily nor is it a reflection on the efforts and performance of you and your team. It is a business decision that we believe will result in a better operating opportunity for your stations and is in keeping with the strategic direction of Clear Channel Radio.
The details on the process for selling this group of stations will be forthcoming. I know you will have many questions and we will answer them as the process develops. In the interim, the best direction I can provide is to continue to focus on the job at hand and perform at the highest level possible. Please know that the time, energy, and effort that you and your team give and continue to give on behalf of your stations is greatly appreciated.
John Hogan
Pres. & CEO
Full info and filings of what markets here
www.sec.gov/Archives/edgar/data/739708/000095013406021773/d41428d2defa14a.htm
Do think its funny saying " I know you will have many questions and we will answer them as the process develops. In the interim, the best direction I can provide is to continue to focus on the job at hand and perform at the highest level possible. Please know that the time, energy, and effort that you and your team give and continue to give on behalf of your stations is greatly appreciated."
In typical Clear Channel fashion... I'm taken care of, I've got mine.... good luck and thanks!
Wonder who will be buyers! Obviously they won't be selling them for a steal, so whoever is going to be buying will have huge debt and there will be pressure to maximize revenue while cutting costs!
Letter from Hogan
The following is an email from John Hogan, President and Chief Executive Officer of Clear Channel Radio, dated November 16, 2006, to the employees of Clear Channel Radio.
Good Morning,
Today the company announced that we will be going private and details on that were provided in an earlier e-mail from Mark Mays.
Additionally, we are announcing the intention to sell Clear Channel TV as well as 448 radio stations in some 90 markets and includes your market and stations. Attached is a list which details all markets we intend to sell. The decision to sell the stations in your market was not made quickly or easily nor is it a reflection on the efforts and performance of you and your team. It is a business decision that we believe will result in a better operating opportunity for your stations and is in keeping with the strategic direction of Clear Channel Radio.
The details on the process for selling this group of stations will be forthcoming. I know you will have many questions and we will answer them as the process develops. In the interim, the best direction I can provide is to continue to focus on the job at hand and perform at the highest level possible. Please know that the time, energy, and effort that you and your team give and continue to give on behalf of your stations is greatly appreciated.
John Hogan
Pres. & CEO
Full info and filings of what markets here
www.sec.gov/Archives/edgar/data/739708/000095013406021773/d41428d2defa14a.htm
Do think its funny saying " I know you will have many questions and we will answer them as the process develops. In the interim, the best direction I can provide is to continue to focus on the job at hand and perform at the highest level possible. Please know that the time, energy, and effort that you and your team give and continue to give on behalf of your stations is greatly appreciated."
In typical Clear Channel fashion... I'm taken care of, I've got mine.... good luck and thanks!
Wonder who will be buyers! Obviously they won't be selling them for a steal, so whoever is going to be buying will have huge debt and there will be pressure to maximize revenue while cutting costs!
popman said:Well Augusta and Bangor are for sale, as are the Clear Channel properties in Portsmouth and Vermont!
Neither Portsmouth nor Manchester are for sale AFAIK; looks like everything else in NNE is going to go.
To be frank with you... I'll just proceed as I wouldn't want to sound Nassau-ish.
Portsmouth lies close to Boston as well. 100.3 WHEB does enter the fringe.
Portsmouth lies close to Boston as well. 100.3 WHEB does enter the fringe.
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