Feingold Has Harsh Words For Clear Channel, But Praises Sale
November 17, 2006 at 12:04 PM (PT)
Sen. RUSS FEINGOLD (D-WI) issued a statement today (11/17) on CLEAR CHANNEL's announced buyout and proposed divestment of 448 radio stations (NET NEWS 11/16):
"CLEAR CHANNEL has been the poster child for rapid consolidation in the radio industry, which has severely damaged the diversity, local flavor, and popularity of radio. I hope the recently announced sale and divestment of around 450 stations marks an end to this ill-conceived experiment. And I urge the FCC to start taking more seriously its obligation to ensure the greatest benefit to the radio listener through increased localism and competition."