According to a Cornell University study, "the practices of Clear Channel, the nation’s largest radio station owner, illustrate what is wrong with federal media ownership policies that make it easier for companies to establish media monopolies."
Among other findings, the report cited:
"In six years, Clear Channel has grown from owning 44 stations to 1,239 stations today, and the corporation now generates 20 percent of all radio industry revenues. Clear Channel also owns 44 amphitheaters, 51 theaters and various clubs and arenas. According to the report, The Clear Picture on Clear Channel, Clear Channel uses several cost-cutting measures that lead to homogenized news and entertainment—and in some cases, even endanger public safety.
Clear Channel Monopoly Locks Out Artists
Clear Channel’s dominance in the radio market also makes it harder for local musicians and artists to get their music played on local stations. The conglomerate controls radio stations and owns concert promotion companies (as well as concert venues) and serves as a virtual gatekeeper controlling the two gates artists must pass through “to have a career in this industry,” says Ray Hair, president of the American Federation of Musicians of the United States and Canada local in Dallas.
Solution? Boycott Clear Channel radio, TV and concerts at these venues.