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Full Version: Clear Channel purchased by Bain Capital
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Why is this on the Spin Room you may ask?

Bain Capital is Mitt Romney's private equity firm.

Clear Channel is the largest owner of radio stations in the nation ... owning a plurality of some 1,100+ AM/FM stations, 12 XM stations, and 30+ television stations.

Get ready for your already craptastic media to get markedly worse.
Who listens to the radio anymore?

Who will still watch "television programming" in 10 years?

The traditional format of entertainment programming that the media outlets stick to are on their way out - long live the internet.
Clear Channel represents everything thats wrong with music.
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