Re: Re: Re: Re: It's Official...Bye Bye local shows...

Posted by iHeartVentureCapitalists on February 22, 2013 at 00:00:04:

In Reply to: Re: Re: Re: It's Official...Bye Bye local shows... posted by Hmmm on February 15, 2013 at 22:56:29:

Clear Channel Communications, Inc. is an American mass media company headquartered in San Antonio, Texas. Founded in 1972 by Lowry Mays and B. J. "Red" McCombs, the company was taken private by Bain Capital, LLC and Thomas H. Lee Partners in a leveraged buyout in 2008; as a result, the company now operates as a wholly owned subsidiary of CC Media Holdings, Inc.

So Bain has very much still to do with CC. It didn't flip it because it lost its ass in the deal and it's riding it out.

Follow Ups:

Post a Followup

Name:
E-Mail:

Subject: Re: Re: Re: Re: Re: It's Official...Bye Bye local shows...

Comments:

Optional Link URL:
Link Title:
Optional Image URL:

Enter verification code:

---

[ Follow Ups ] [ Post Followup ] [ MediaWisconsin.com: Radio, TV, Newspaper, Online Media Message Board ]

MediaWI.com is Wisconsin's Favorite Media Message Board and Discussion Forum (TV, Radio, Newspaper, Online). Other domain names point to MediaWI.com, but for policy purposes, we identify together as MediaWI.com. All MediaWI.com posts are the opinions of the respective posters. We disclaim any responsibility for the content contained. Questions regarding this policy or any site issues should be directed to zak, our Admin. Our sponsors are: FYNE Domains, JEAH Web Hosting, JEAH Apparel Store and Chicago Media Message Board.