| Eugene David ...The One-Minute Pundit |
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Friday, June 09, 2006
Spelling Clear Channel With a $B
The company, the largest radio station owners in the country, said radio's share was $845,518,764, divided among the airtime value of donated PSAs, $664,397,507; fund-raising, $121,709,272, and disaster relief, $59,411,985. TV's share, according to the company, was $61,149,743, with $28,612,604 in donated PSA airtime, $21,705,182 in fund-raising, and $10,831,957 for disaster relief. Two years ago, the NAB industry total was $9.6 Billion [SIC]. If form holds, that would give Clear Channel about a 10% stake of the take. [Emphasis added] No, spelling CHEAP CHANNEL with the usual B$.
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