January 31, 2003

Radio consolidation reconsidered, again

Radio consolidation reconsidered, again


Senator Russ Feingold (D - Wisc.) has reintroduced a bill calling for more oversight of radio mergers and to outlaw payola for airplay. This would go a long way to reducing the vast grey goo that is radio today -- it all sounds the same, wherever you go.



“If you don't have the money to play in this system, you are shut out,” he said during a hearing on radio consolidation held Thursday in Washington. Feingold also took aim at Clear Channel, the biggest radio owner, for its related live concert business. He blames Clear Channel’s consolidation of the concert promotion business with the 61% price increase in concert tickets in the past six years, and said the Justice Department should investigate.

Posted by Mitch Ratcliffe at January 31, 2003 09:04 AM | TrackBack
Comments
Post a comment









Remember personal info?