Triton is the biggest player in the streaming business. They are being acquired by iheart Media
Triton’s most current owner was Scripps broadcasting. Five years ago, Scripps spun off their newspaper business to focus on radio and TV.
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- Fred Stiening said I am now level 67
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And iHeart is asking for permission for a UK based firm to buy a half of the company. So much for saving your “local” radio station
https://www.bloomberg.com/news/articles/2021-03-15/iheart-investor-global-media-looks-to-buy-nearly-half-of-company
https://www.businesswire.com/news/home/20210326005476/en/iHeartMedia-Statement-on-the-FCC%E2%80%99s-Conditional-Approval-of-Its-Pending-Radio-Station-Acquisitions
Total nonsense
I am curious to see how the new FCC board will react. In general, Democrats were not receptive to the anti-competitive behavior of Clear Channel in the entertainment business.
Bob Pittman seems to be spending more of his time these days making podcasts explaining what a wonderful and smart guy he is.