ORIGINAL: droddey
Clear Channel isn't an XM type thing, it's a mega-conglomeration of radio stations. Once the restrictions were lifted from any one company owning too many radio stations, companies like Clear Channel have snapped them up like toys. They own some obscene percentage of stations, something that shouldn't remotely be allowed.
Since radio station ownership rules were relaxed in 1996, Clear Channel Communications has become one of the largest owners of US radio stations. Currently, it owns over 1,200 radio stations and 30 TV stations around the US, with federal regulations currently limiting it to a maximum of eight radio stations per market.
CC is one of a few... it just happens to be the most well-known. Apparently, CC started selling off radio stations this year, wasn't aware of that (but I don't exactly "follow the industry" either).
This recent article points out that CC "only" ever owned about 10% of all US radio stations:
http://www.techliberation.com/archives/042338.php I think that's about right, based on this guy's totals:
http://www.musicbizacademy.com/articles/radio/stations.htm Here are the problems:
1.) The 12,000 or so total include ALL radio stations, not just FM -- what's CC's ownership of FM? (not sure)
2.) Even if CC only owns roughly 10% the problem is that there's a small handful of
other conglomerates like CC that also own 10% -- so you end up with 4 or 5 companies owning like 50% of all radio stations!!!
Here's some more info on radio consolidation:
http://www.futureofmusic.org/research/radiostudy06.cfm Of particular note:
The top four radio station owners [e.g., CC] have almost half of the listeners and the top ten owners have almost two-thirds of listeners
So, what all that means is you're going to be hearing a lot of Britney and Kelly. As a matter of full disclosure, I actually like Kelly Clarkson, but that's a different thread altogether...
It's called "consolidation"... I think "homogeneization" is more appropriate...