Clear Channel Communications begins an unprecedented consolidation spree following the February 1996 Telecommunications Act, acquiring $581 million worth of radio and television stations within just four months of the act’s passage. Before the Telecommunications Act eliminated ownership caps, …
Clear Channel CommunicationsLowry MaysFCC Federal Communications CommissionLocal Radio Stationstelecommunicationsmedia-consolidationradioclear-channelderegulation+2 more
President Bill Clinton signs the Telecommunications Act of 1996, the first major overhaul of U.S. telecommunications law in over 60 years. While ostensibly designed to promote competition by allowing ‘anyone to enter any communications business,’ the act was heavily influenced by …
Bill ClintonTelecommunications Industry LobbyistsClear Channel CommunicationsViacomCorporate Media Lobbies+1 moreregulatory-capturetelecommunicationsderegulationmedia-consolidationcorporate-lobbying+2 more
President Bill Clinton signs the Telecommunications Act of 1996, the first major overhaul of U.S. telecommunications law in over 60 years. While ostensibly designed to promote competition by allowing ‘anyone to enter any communications business,’ the act was heavily influenced by …
Bill ClintonTelecommunications Industry LobbyistsClear Channel CommunicationsViacomCorporate Media Lobbies+1 moreregulatory-capturetelecommunicationsderegulationmedia-consolidationcorporate-lobbying+1 more