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Clear Channel says settles Tribune lawsuits

NEW YORK (Reuters) - Clear Channel Communications Inc said on Wednesday it settled lawsuits against Tribune Co and several former Clear Channel employees lured away by the newspaper publisher and broadcaster.

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Clear Channel says settles Tribune lawsuits

NEW YORK (Reuters) - Clear Channel Communications Inc said on Wednesday it settled lawsuits against Tribune Co and several former Clear Channel employees lured away by the newspaper publisher and broadcaster.

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Clear Channel settles suit against Tribune Co. over hiring execs

Clear Channel Communications Inc. said Wednesday that it has settled lawsuits with the Tribune Co. over the Chicago-based media company's recent hiring of several executives from the radio giant.

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Clear Channel says settles Tribune lawsuits

NEW YORK (Reuters) - Clear Channel Communications Inc said on Wednesday it settled lawsuits against Tribune Co and several former Clear Channel employees lured away by the newspaper publisher and broadcaster.

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Clear Channel Preparing To Leave The Market

"The deal to take Clear Channel Communications Inc. private, disclosed 20 months ago, has been the subject of a lot of static from rankled shareholders, company officials, and lenders. Delayed and downsized, the $17.9 billion deal for the nation's largest owner of radio stations and a global power in billboards will finally close a week from today if shareholders approve the $36-per-share offer tomorrow."...

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New Clear Channel deal set to close

The deal to take Clear Channel Communications Inc. private, announced 20 months ago, is finally to close a week from today if shareholders approve the offer of $36 (U.S.) a share tomorrow.

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Meetings with Commissioner Tate heat up

This Tuesday was a busy day for FCC Commissioner Deborah Taylor Tate. Not only did she meet with Sirius and XM, but she also met with various terrestrial radio parties, including Clear Channel, the NAB and Entercom. On July 15th, Mark Mays CEO of Clear Channel Communications, Inc. met with Commissioner Tate, according to a recent filing. Mays expressed "concerns" regarding the Sirius-XM merger, and...

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North Dakota Media Not Covering Joel Heitkamp Fine

From the Dakota Beacon blog: Joel Heitkamp, radio talk show host, state senator, brother of former attorney general and governor candidate, driving mouth behind the political lynching of Sandy Blunt and WSI causes his former employer, Clear Channel Communications to be fined $12,000. Twenty four hours after being informed of the FCC fine, The Bismarck Tribune remains silent on their website They will...

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VANITY FAIR EXPERT PRONOUNCES CONSERVATISM DEAD

From the talented internet satirists at The Nose on Your Face : Vanity Fair Contributing Editor Michael Wolff’s stunning announcement on MSNBC yesterday that “the rise of conservatism….is coming to an end” sent shockwaves through the halls of Clear Channel Communications, who only a day before had announced the signing of conservative radio icon Rush Limbaugh to a record contract through the year 2016....

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Clear Channel in $400 million deal with Limbaugh: report

July 3 (Reuters) - Conservative talk radio host Rush Limbaugh signed an eight-year contract extension worth as much as $400 million with Clear Channel Communications Inc , The New York Times said on its website on Wednesday citing an interview with Limbaugh.

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Michael Wolff is an idiot

Vanity Fair contributing editor says conservatism is dead and Clear Channel Communications is going to regret signing Rush Limbaugh to an 8-year/$400 million deal: “I think it’s a monster error,” Wolff said. “I know – I’m sitting here saying, ‘What...

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$400 million deal for Rush

Striking a deal estimated to be worth $400 million through 2016, conservative talk radio host Rush Limbaugh has renewed his contract with Clear Channel Communications and its syndication subsidiary Premiere Radio Networks.

1Vote!

New deal for Rush Limbaugh worth $400 million

The deal amounts to a major bet by Clear Channel Communications that Limbaugh's brand of conservative talk will prosper well into the next decade.

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Rush Limbaugh Gets $400 Million: Investors Lose Nearly 100% During The Bush Years

CINCINNATI (TDB) -- "The average market cap of terrestrial radio companies has declined by a staggering 80% over the last five years." That was the word from MSNBCs Jim Cramer , who considers the radio stocks "dead air." Rush Limbaugh's employer, Clear Channel Communications, has been in a downward spiral during the Bush years like a comet being sucked into the sun (see chart above). It has seriously...

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Limbaugh and Clear Channel in $400 Million Deal

Yes, you heard it, Rush is baaaacckkk...Striking a deal estimated to be worth $400 million through 2016, the conservative talk radio host Rush Limbaugh has renewed his contract with Clear Channel Communications and its syndication subsidiary Premiere Radio Networks. In the interview, Mr. Limbaugh said the new contract would pay him about $38 million a year for eight years. He also said he would receive...