Clear Channel Losing Its Power
Posted in H.L. News, Main Blog (All Posts) on February 24th, 2007 3:23 pm by HL
NEW: Clear Channel earnings drop 54%
San Antonio Express News
Excerpt
As it lobbies shareholders to vote for an $18.7 billion buyout proposal, Clear Channel Communications Inc. today announced that its fourth-quarter 2006 earnings fell 54 percent.
H.L.s Take
What? the company that owns Rush Limbaugh, Dr. Laura, and helped banned the dixie chicks lost a whopping 54%? Not surprising given the fact that everyone now have come to realize the error of their of ways for supporting this right wing troll organization. I wonder if they will keep paying Rush 30 Million a year to spew his lies if the earnings keep falling at the current pace?
