“The radio industry… is an example of an industry that was doing pretty well, and they gutted it.” The “they” is the private equity industry, which provided the financing to companies like Clear Channel (iHeartRadio) and Cumulus to go on the epic buying sprees that resulted in today’s enormously consolidated commercial radio landscape. Investigative reporter […]
Tag Archives | ownership
Communication law and policy are back on the front burner in Washington
Communications legislation and regulation are moving back to the front burner in Washington as both Congress and the FCC turn up the flames on this policy area that has seen relatively little attention in the last five years. The Republican-controlled House leadership is pushing for a Communications Act rewrite, while FCC Chairman Tom Wheeler is […]
DJ Chairman Genachowski Throws a Few Bones to Radio at NAB
The National Association of Broadcasters wraps up its annual national trade show in Las Vegas tomorrow. Radio has its own annual show, so at the big one it tends to take a back seat to television when it comes to big announcements. Nevertheless, when FCC Chairman Julius Genachowski gave his remarks [PDF] to the crowd […]