Turns out that’s surprisingly complex. I was just going to clarify that iHeartMedia is the real answer, but: Clear Channel Communications as we know it became iHeartCommunications, wholly held by iHeartMedia, Inc., which is apparently distinct from the iHeartMedia division of iHeartMedia, Inc. That division operates iHeartRadio as a brand, I’m pretty sure, and inherited the Clear Channel IP and production-side stuff. I think a lot of the actual transmitter assets and licenses were held by CCC (or maybe CCB?), but the buyout that took them private meant they lost their FCC special treatment and had to park a bunch of stations on entities like Aloha until someone bought them. Which is about as slow a market as you’d expect a decade later:
I’ve read the Wikipedia page a couple times now and still haven’t reverse engineered that labyrinth. Don’t read about mass media ownership in large doses; you’re likely to stroke out.
Given the Bain buyout and associated debt has spun iHeartMedia firmly around the drain for years, it’s a bit amusing to see Pai soften up the very regulations that made it a complicated deal in the first place. Sinclair 1, Clear Channel 0.
http://streamingradioguide.com/licensee-list.php?showall=on&...
I’ve read the Wikipedia page a couple times now and still haven’t reverse engineered that labyrinth. Don’t read about mass media ownership in large doses; you’re likely to stroke out.
Given the Bain buyout and associated debt has spun iHeartMedia firmly around the drain for years, it’s a bit amusing to see Pai soften up the very regulations that made it a complicated deal in the first place. Sinclair 1, Clear Channel 0.