Re: Is Clear Channel doomed to fail?

Posted by Keith Williams on December 06, 2012 at 20:29:43:

In Reply to: Is Clear Channel doomed to fail? posted by Paul on December 06, 2012 at 17:23:48:

Can someone explain how a company that spent ten million on an app would need to make more cuts? I know they have a huge debt issue in a few years but why spend that much on an app for stations that pretty much sound the same? Why don't just sell off stations in a fire sale? Maybe that's what this round of cuts is all about. Maybe they are preparing to sell off. Questions, speculation and more questions.

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