Saturday, April 30, 2005

Clear Channel profits dropped 25%! Breaking up!

Clear Channel is splitting up their business, dropping their concert unit and 10% stake in billboards according to a Mercury News article. Their radio advertising slump caused a 25% drop in stock in the past year, 59% in the first quarter.

I'd like to think increased public awareness is playing a role in the decrease in profits for this monolith that is a huge supporter of Bush and the Republican party.

3 comments:

Anonymous said...

**HYDROPONICS**

Anonymous said...

It's beginning to look like Christmas (Ok, So we're barely over Halloween)! But it's time to be begging to think a lot like kid christmas movie , : - )

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