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In reply to the discussion: Struggling Clear Channel And Rush Limbaugh's $400 Million Payday [View all]Mopar151
(10,348 posts)25. How many brazillion has Clear Channel lost on previous misadventures?
The concert business? Motorsports? They bought USHRA (IIRC)/Monster Jam (monster trucks) and IHRA (Drag racing), ended up selling both to Feld Entertainment, who also owns Ringling Bros.. IHRA was purchased from the Bader family, owners of the Norwalk, Oh. track. Bill Bader quit as head of IHRA, and his successor, Aaron Polburn screwed the pooch pretty well, including a tieup with Evan Knoll / Torco Race Fuel - who had his checkbook taken away by his family (Knoll Gas), amidst reports of an "old head injury", now under indictment for massive tax fraud involving tax rebates on non-highway gasoline.
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He is on the air now. They are just not running ADDS. He is shoving his foot in his mouth as we type
Vincardog
Mar 2012
#43
first of all, thanks for taking one for the team in listening to that blowhard for the rest of us...
ladywnch
Mar 2012
#53
I've been waiting for Clear Channel to go under ever since they switched KLOL's format
sadbear
Mar 2012
#20
I think the President calling and apoligizing to the young lady made a HUGE impression.
patricia92243
Mar 2012
#48
I am hoping the wounds he has sustained is of the terminal stage, err, make that Fatal....
opihimoimoi
Mar 2012
#59