Clear Channel Plans To Revamp Debt Load

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04/21/09 09:54 AM

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Clear Channel

New York Times:

Clear Channel Communications, the embattled radio and outdoor advertising giant, is seeking to reorganize its debt load by exchanging $2.3 billion worth of bonds, according to a regulatory filing on Monday.

Read the whole story: New York Times

Filed by Danny Shea

Clear Channel Communications, the embattled radio and outdoor advertising giant, is seeking to reorganize its debt load by exchanging $2.3 billion worth of bonds, according to a regulatory filing on M...
Clear Channel Communications, the embattled radio and outdoor advertising giant, is seeking to reorganize its debt load by exchanging $2.3 billion worth of bonds, according to a regulatory filing on M...
 
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- petphotos I'm a Fan of petphotos 4 fans permalink
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One of the really low-life corporations in this country.

    Favorite    Flag as abusive Posted 08:18 AM on 04/22/2009
- Plus15 I'm a Fan of Plus15 14 fans permalink

Clear Channel is an anti-American right-wing media organization. The executives as well as investors in Clear Channel may be guilty of crimes against the United States. Their many stations around the country feature right-wing radio talkers who have been calling for the failure and even overthrow of our elected government. Additionally claims by Clear Channel that they also present some of the few left wing talker will be met by examples of the Clear Channel station managers sabotaging the success of Progressive Talkers and Stations.

    Favorite    Flag as abusive Posted 08:12 PM on 04/21/2009
- Deni I'm a Fan of Deni 16 fans permalink

Let 'em go bankrupt. Let 'em know hate doesn't sell any longer!

    Favorite    Flag as abusive Posted 07:52 PM on 04/21/2009

I hope clear channel destroys itself with its rapacious buying and slithers away into the muck from whence it came. These are the people who buy radio stations and then put on Rush Limbaugh and his like. They appeal to the stupidest, lowest common denominator. And they are responsible for the billboards destroying your view too.

    Favorite    Flag as abusive Posted 06:33 PM on 04/21/2009
- MTiffany I'm a Fan of MTiffany 8 fans permalink

Oh, I'm sorry. No bailout for YOU, Clear Channel. You are not a bank. The economy will be just fine without you.

Now if only Sinclair Broadcasting would die, too.

    Favorite    Flag as abusive Posted 04:45 PM on 04/21/2009

Maybe the first thing they should do is to renegotiate contracts. OMG that means Rush may have to take a big pay cut.

    Favorite    Flag as abusive Posted 04:01 PM on 04/21/2009

Clear Channel is clearly the channel of right wing haters. They own the majority of the radio spots in my town. Maybe now we can get some diversity on the airwaves.

    Favorite    Flag as abusive Posted 03:10 PM on 04/21/2009
- SoccerNana I'm a Fan of SoccerNana 23 fans permalink
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Axe Limbaugh first, then Faux Noise.

    Favorite    Flag as abusive Posted 02:37 PM on 04/21/2009
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I hope they go belly up.

    Favorite    Flag as abusive Posted 12:38 PM on 04/21/2009
- ljc I'm a Fan of ljc 110 fans permalink

Isn't this Romney's company? Hmmm. He just had to sell his Aspen home too. Money problems Mitt?

Fire Limbaugh, save millions.

    Favorite    Flag as abusive Posted 12:30 PM on 04/21/2009
- Phxflyer I'm a Fan of Phxflyer 73 fans permalink
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Kind of make you wonder: will we be hearing today from Sean Hannity and Rush Limbaugh about how conservative talk radio is a commercial failure?

    Favorite    Flag as abusive Posted 12:20 PM on 04/21/2009
- Rangergirl I'm a Fan of Rangergirl 19 fans permalink

Get rid of Limbaugh and solve all your problems..­.

    Favorite    Flag as abusive Posted 12:03 PM on 04/21/2009
- protagonia I'm a Fan of protagonia 79 fans permalink

The are Mormon.

Get the money back from them.

They have lots of it.

    Favorite    Flag as abusive Posted 10:47 AM on 04/21/2009
- piquet I'm a Fan of piquet 14 fans permalink
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I soooo loving their pain. They have destroyed my local radio market with nothing but right wing hate mongers 24 hours a day. This to me is GOOD NEWS.

    Favorite    Flag as abusive Posted 10:44 AM on 04/21/2009
- pbfishtaco I'm a Fan of pbfishtaco 12 fans permalink
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Reshuffle the mortgage refinance and gold buying commercials on all the low-rated talk shows.
Eliminate all but one of their on-air personalit­ies--maybe use the short straw method.
No upper corporate changes however.
They need the talent to succeed.

    Favorite    Flag as abusive Posted 10:35 AM on 04/21/2009
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