In media news, the broadcasting giant Clear Channel has asked the Federal Communications Commission to raise the limits on radio ownership in the United States. Under current laws, companies are allowed to own no more than eight radio stations in large markets. Clear Channel wants the laws changed so it can purchase more stations. The company current owns more than 1200 radio stations across the country.
Clear Channel Asks FCC To Lift Ownership Limits
HeadlineSep 07, 2006