[Blue Collar Republican]

http://www.chrisbrunner.com/2007/12/13/mitt-romney-to-buy-clear-channel-communications/

Mitt Romney’s VC Firm to Buy Clear Channel
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What would it cost to buy the support of just about every nationally-syndicated neocon talk show host in America? About $19.5 Billion, which is what Mitt Romney’s private equity firm, Bain Capital, and Thomas H. Lee Partners have agreed to pay in a leveraged buyout agreement with Clear Channel Communications, the largest radio station owner in the country. This is part of a negotiation that has been pending for over a year.

Clear Channel owns over 1,100 full-power AM, FM, and shortwave radio stations, twelve radio channels on XM Satellite Radio, and more than 30 television stations in the United States. Premiere Radio Networks, which is the largest syndication company in the United States, is a wholly owned subsidiary of Clear Channel and is home to Rush Limbaugh, Glenn Beck, and many others. Sean Hannity recently signed a large multi-market contract with Clear Channel, as well.

[Yaelle]

I have heard nothing about this. Romney would basically “own” all the radio talk shows on Clear Channel?? How could someone like this run for President? Isn’t there a conflict of interest? Why did Cheney have to DIVEST of Halliburton stock?

[Defiant]

Clear Channel is the one place we have left. Why can’t Romney buy one of the major networks, and have a conservative viewpoint to the news? Oh wait, I forgot, he’s not conservative.

[Uriah_lost]

They wouldn’t dare screw with the goose that lays golden eggs, one right after the other. Making an enemy of Rush would tank them.

[Dr.Zoidberg]

Mitt Romney’s VC Firm to Buy Clear Channel

If they dems can't kill Rush with the (un)Fairness Doctrine, this just might do it.

Given his support for Fred, I just don't see CC allowing Rush to continue along his current path if Romney is paying the bills.