How Clear Channel Spoiled The Media Deregulation Party

from the and-so-it-goes... dept

Salon has yet another article focused on radio behemoth, Clear Channel. Instead of just talking about how evil Clear Channel is for music fans, radio stations, or musicians, this article talks about how it’s spoiled the media deregulation party. Other forms of media such as broadcasters and newspapers want very badly to be deregulated so they have the same opportunity to suck the life dry out of their own industries, while building up a mammoth media company focused on the lowest common denominator (with the largest single wallet). Such deregulation should be a no-brainer. Republicans are in control and they generally favor deregulation. Michael Powell, over at the FCC, is a big fan of deregulation. But, Clear Channel is mucking everything up. They’re in a business that’s been deregulated, and they’re the poster child of what can go wrong in a deregulated media world. That example alone is making plenty of people pause when it comes to deregulating other media outlets.

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