HEADLINE: Clear Channel Renews Bid To Ease Ownership Limits
LEAD: "Clear Channel Communications Inc. , the biggest U.S. radio station operator, on Monday renewed its call for Congress to ease restrictions on the number of outlets it can own in a market so it can better compete and boost profits."
THE WHINE: "Free radio is struggling. The cost of competing with new technologies and increased listener choice is staggering and profits are down," Clear Channel Chief Executive Mark Mays said at a speech to the Progress and Freedom Foundation.
MY RESPONSE: Hey, Mark. Mark-meister. Mark-O-Rama. Mark-A-Lamba-Ding-Dong. Your profits are down because the free market doesn't like your product. That's America, and those are the rules. Can't compete? Well then pack up your toys and go home.
You're acting like a spoiled little brat hosting his own little monopoly game. All of his guests are beating him, so he tries to re-write the rules in his favor. Yep, by going to Congress you've shown that your business instincts are about as advanced as a 5-year-old's.
You should be embarrassed for yourself and your company.
LEAD: "Clear Channel Communications Inc. , the biggest U.S. radio station operator, on Monday renewed its call for Congress to ease restrictions on the number of outlets it can own in a market so it can better compete and boost profits."
THE WHINE: "Free radio is struggling. The cost of competing with new technologies and increased listener choice is staggering and profits are down," Clear Channel Chief Executive Mark Mays said at a speech to the Progress and Freedom Foundation.
MY RESPONSE: Hey, Mark. Mark-meister. Mark-O-Rama. Mark-A-Lamba-Ding-Dong. Your profits are down because the free market doesn't like your product. That's America, and those are the rules. Can't compete? Well then pack up your toys and go home.
You're acting like a spoiled little brat hosting his own little monopoly game. All of his guests are beating him, so he tries to re-write the rules in his favor. Yep, by going to Congress you've shown that your business instincts are about as advanced as a 5-year-old's.
You should be embarrassed for yourself and your company.