Is this the beginning of a reversal in terrestrial monopoly radio? Has the logjam been broken?
UPDATE: Apparently Mass governor and potential Republican presidential candidate Mitt Romney is a principal in Bain Capital. Political speculation is running rampant.
posted by Zentronix @ 8:04 AM3 comments
Nobody get excited, these stations are all outside the top 100 market. They are very small stations in small markets... I can only imagine that none of the buyers will be people of color or women. This was truly a good ole boys sell. Most companies give buyers 5 months to prepare to bid... Clear Channel gave buyers 3 weeks.
3 Comments:
I fear that this might have to do more with the decreasing returns of radio more than anything else.
could be that old law of history: good things happen because of the wrong reasons.
Nobody get excited, these stations are all outside the top 100 market. They are very small stations in small markets... I can only imagine that none of the buyers will be people of color or women. This was truly a good ole boys sell. Most companies give buyers 5 months to prepare to bid... Clear Channel gave buyers 3 weeks.
Lisa Fager
Industry Ears
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