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.
5 thoughts on “Clear Channel Selling Local Stations”
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:
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.
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