25 January 2008
It was too much to hope for
The Federal Communications Commission has given its blessing [link goes to PDF file] to the sale of Clear Channel's radio stations to private-equity firms, provided they spin off at least 48 stations in 42 markets. As with the ABC/Citadel merger, the licenses for the stations to be sold will be assigned to a trust in this case, the Aloha Station Trust LLC pending disposal.
The first thing I did, of course, was to see if any Oklahoma radio stations will be sold as a result of the FCC action. The answer is no. (The list begins on page 41 of that PDF file linked above.)
However, another condition for the sale is the closing of a separate deal for Clear Channel's television stations, which include KOKI-TV and KMYT-TV in Tulsa.Posted at 7:56 PM to Overmodulation