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01/31/2003 Entry: "Telecommunications Act of 1996, greed and more greed"

As we knew in the 1980s, it is easier to undo a working regulation than to put it back in place. This was probably the thinking behind most to the very misguided, if not down right evil, de-reg by the very wicked Reagan cabal.

"WASHINGTON (Variety) - Clear Channel was roughed up on Capitol Hill Thursday, with several lawmakers accusing the sprawling radio giant of refusing to play the songs of artists who don't use its concert promotion division."
Clear Channel Chief Gets Earful at Hearing, By Pamela McClintock, Thu Jan 30, 2003, Reuters/Variety

And Clear Channel is also the home of Rush and Laura. Join the sponsor boycott! Details here and also at TakeBackTheMedia.com

And Molly Ivins is ahead of the curve as usual:

"Before President Reagan, a radio company could own 12 stations nationally and no more than two in any one market. After the first round of de-reg in the '80s, that was changed to no more than 28 nationally and no more than four in one market. The '96 law changed that to as many as you could acquire nationally and eight in one market. The result, we were told, would be increased competition. Sure.

"Since then, almost two-thirds of American radio stations have been bought, always by ever-larger entities. Clear Channel owns 1,200 stations nationally, and two or three companies own almost all of them. In all the major cities, we are down to a duopoly or triopoly in radio."
'Magic' turning us into toads, Molly Ivins, Jul. 25, 2002

See? Between greed, more greed, and the '80s it's amazing there's anything left of the country.

 

 

 

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