Tuesday, July 02, 2002

CLEAR INTENT: So, it's been confirmed then that Clear Channel (currently battering down US radio until it all sounds identical in every market) do want to take advantage of the proposed changes to Media Ownership rules to take control of a British radio group when they can. Clear, who combine juggling of many or most of the stations in a market with owenrship of gig venues and promotions in order to dictate a music scene in the way an IPC sub-editor could only dream of, say they don't intend to get involved in hostile takeovers. EMAP, Capital and GWR might be less than placated by that claim.
MediaGuardian reports - only its debt mountains can protect us now


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