Bain Capital co-owner of Clear Channel

[MystifyingVol]

From Mitt Romney, Bain Capital and Clear Channel | TV and Media Blog

An interesting observation by radio analyst Tom Taylor, from his Taylor on Radio newsletter from Radio-Info.com today:

“Suddenly, Clear Channel co-owner Bain Capital is in the middle of the GOP campaign.

“Bain, the private equity firm co-founded by Mitt Romney, was also part of the private Cumulus Media Partners, until the public Cumulus Media Inc. bought out its interest.

“Nobody’s mentioned Clear Channel yet in the debate over Bain Capital’s role in the American economy. (After all, Bain’s been involved in a hundred or more deals.) But one TRI reader says “it was a little weird watching Sean Hannity defend Bain Capital in a discussion of free market capitalism –when I know that Bain has an interest in Hannity’s syndication company.” That’s Clear Channel-owned Premiere.

“It’s going to be a strange year.”

Clear Channel owns WLW-AM, WKRC-AM (which airs Hannity and Rush Limbaugh), ESPN WCKY-AM (1530), Fox Sports WSAI-AM (1360), WEBN-FM 9102.7) and WKFS-FM (KISS107.1). Premiere also syndicates Bill Cunningham’s 10 p.m. Sunday show and Gary Sullivan’s weekend fix-it shows.

Cumulus owns WGRR-FM (103.5), WRRM-FM (WARM98.5), WFTK-FM (96.5, 96ROCK), country WNNF-FM (94.1) and classic rock WOFX-FM (FOX 92.5).

 

[MG1968]

and?

 

[VolsNSkinsFan]

He hasn't been at Bain since 1999

 

[dreVol]

He hasn't been at Bain since 1999

but there's an obvious conspiracy here.

 

[utvolpj]

He hasn't been at Bain since 1999

didn't matter with Haliburton conspiracies and won't matter here either

 

[tim]

should I get the aluminum foil and meet ya'll in the bunker?

 

[RespectTradition]

I hear that DARPA figured out a way to bug the aluminum foil. It actually acts as a signal enhancer now!

 

[MystifyingVol]

and?

And, it was in the news and I posted it. Now please excuse me while I go adjust my tinfoil hat, the reception is bad.