I read that, also. It smells of write-off.SarasotaJim said:badjef said:CC seems to not quite want to give up on AM just yet. They seem as though they are pulled dragging and screaming to FM. They test several markets, here and there, but seem to be unwilling to pull the trigger away from AM.
The tide may be changing, Jeff. Just yesterday, Clear Channel agreed to donate Liberal Talk “AM 1310” WDTW Detroit to the Minority Media & Telecom Council.
The MMTC, which acts as a non-profit broker to secure training and ownership for female and minority owners, will turn around and sell or lease the station to such a buyer. Clear Channel previously donated a few other stations to MMTC including 690 KFXN Minneapolis.
Jeff in Sa-ra-so-ta!