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 Clearchannel news--good or bad for Pixies Discs		  New Topic  Reply to Topic
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Daisy Girl
~ Abstract Brain ~

Belize
5305 Posts
Posted - 04/30/2005 :  16:31:18  Show Profile  Reply with Quote
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!
Edited by - Daisy Girl on 04/30/2005 18:48:52

audiodr
- FB Fan -

77 Posts
Posted - 04/30/2005 :  18:11:50  Show Profile  Visit audiodr's Homepage  Click to see audiodr's MSN Messenger address  Reply with Quote

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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Daisy Girl
~ Abstract Brain ~

Belize
5305 Posts
Posted - 05/01/2005 :  13:58:47  Show Profile  Reply with Quote
ouch! a 59% drop in earnings for the first quarter!

Hopefully, the new holding company will be cooler than Clearchannel was.
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Cult_Of_Frank
= Black Noise Maker =

Canada
11687 Posts
Posted - 05/01/2005 :  15:31:46  Show Profile  Visit Cult_Of_Frank's Homepage  Reply with Quote
According to the laws of physics, it must be.

"Joined the Cult of Frank / And you'll be enlightened"
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kathryn
~ Selkie Bride ~

Belgium
15320 Posts
Posted - 05/01/2005 :  17:11:28  Show Profile  Reply with Quote
Clear Channel = cheap channel



I still believe in the excellent joy of the Catholics
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