Clear Channel Selling Local Stations

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.

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