| T O P I C R E V I E W |
| Daisy Girl |
Posted - 04/30/2005 : 16:31:18
About a year a go, there was some discussion about Clearchannel's patent for live concert recordings. It was also discussed that they would monopolize the sale and distribution of live recordings in its venues.
Well, yesterday Clear Channel announced it was spinning off its Outdoor Advertising and Live Entertainment (live venues it owns)into a new publicly heald compnany.
I am not sure if this is good news, bad news or indifferent for Pixies discs, because I don't know enough about his industry.
Here's the link to the press release:
http://www.clearchannel.com/Corporate/PressReleases/2005/Clear%20Channel%20Strategic%20Realignment%20Announcement%204%2029%2005.pdf
Let's hope this is good news! |
| 4 L A T E S T R E P L I E S (Newest First) |
| kathryn |
Posted - 05/01/2005 : 17:11:28
Clear Channel = cheap channel
 I still believe in the excellent joy of the Catholics |
| Cult_Of_Frank |
Posted - 05/01/2005 : 15:31:46
According to the laws of physics, it must be.
"Joined the Cult of Frank / And you'll be enlightened" |
| Daisy Girl |
Posted - 05/01/2005 : 13:58:47
ouch! a 59% drop in earnings for the first quarter!
Hopefully, the new holding company will be cooler than Clearchannel was. |
| audiodr |
Posted - 04/30/2005 : 18:11:50
Interesting..
I always have trouble reading through these clearchannel bulletins - I'm sure if I was a stock trader I might care to understand more of it and sift through all the stock jargon to find the real meaty information.
anyways, I also found an article on Pollstar about this:
http://www.pollstar.com/news/viewnews.pl?NewsID=3968
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