Clear Channel has announced that they are seeking buyers for all of their TV stations and 448 of their 1,200+ radio stations, including all of their C’ville stations, the Virginian-Pilot reports. Honestly, I can’t even keep track of all of their local stations anymore. I know it includes 107.5 FM and 1260 AM, but I know there are at least a few others. Shareholders may reject an all-in-one buyout, so it could happen that these local stations will come to be subject to a little competition. Realistically, though, I suspect they’ll all be bought by one big conglomerate, somebody on the scale of Saga Communications, who owns WINA, Z95, 3WV and 106.1 FM.
My understanding is that Saga doesn’t own 106.1. Instead, the company operates a LMA with the station’s owner, Force Five Communications, LLC. Under the LMA, Saga carries out the day-to-day operations of both programming and sales for “The Corner.”
As for other Clear Channel stations: 99.7, 101.9, 102.3, and 1400. Perhaps there are others?
That’s really interesting — I didn’t know anything about that 106.1 setup. I’ll have to learn more about that. Thanks!
Here’s written evidence to support what I’ve heard on the street:
http://www.vartv.com/archives06e.htm
It’s about 3/4 of the way down the page in a post dated 28/09/06.
Saga will own WCNR/106.1…
Seems we’ve traded one monopolist for another.