Wall Street Journal, May 3, 2012: CC Clear Channel …reported a loss of $203 million, versus a year-ago loss of $143.6 million. (The Limbaugh boycotts began last year in the first quarter) Revenue fell 1.3% to $1.34 billion. Revenue from media and entertainment, the company’s largest segment, was down 2.2%, Operating expenses dropped 3.5%.
Clear Channel Media, is the vehicle used by private-equity firms Bain Capital LLC.
Friday, May 03, 2013
VERY GOOD NEWS
Clear Channel, the corporation most responsible for Fats Limbaugh, announced another year of losses:
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