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Analysis Of Radio Station Mergers And Acquisitions
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The radio industry is seeing rapid mergers and single companies buying many radio stations at one time. The trend now is for Communication companies to own several radio stations in a single market. As a result of these proposed mergers and acquisitions, the FCC has reviewed many of the planned transactions. From November 1997 to November 199 ....
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....ons in Redding, California. Officials have said that if this deal goes through, one company would control 64% of the local radio revenue and would also give two companies a whopping 99.6% of the market’s radio revenue. The FCC is concerned about competition and trying to help smaller radio stations stay alive. Officials want the industry to re.... |
| Word count: 435 |
Page count: 2 |
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