{"id":7022,"date":"2013-04-16T00:05:32","date_gmt":"2013-04-16T04:05:32","guid":{"rendered":"http:\/\/streamingradioguide.com\/startingover\/?p=7022"},"modified":"2013-04-16T00:05:32","modified_gmt":"2013-04-16T04:05:32","slug":"los-angeles-pulls-the-plug-on-clear-channel","status":"publish","type":"post","link":"https:\/\/streamingradioguide.com\/startingover\/?p=7022","title":{"rendered":"Los Angeles pulls the plug on Clear Channel"},"content":{"rendered":"<p><a href=\"http:\/\/www.bizjournals.com\/sanantonio\/blog\/morning-edition\/2013\/04\/clear-channel-must-unplug-la.html\">San Antonio Business Journal<\/a> story. (Clear Channel is located there)<\/p>\n<p>While Clear Channel has a lot of theoretical Goodwill and Intangible assets (FCC Licenses) in their radio business, their hard tangible assets are in outdoor billboards, and advertising in airports and bus stops in Europe.<\/p>\n<p>There is a pretty good chance you&#8217;ve seen Clear Channel&#8217;s Jumbotron-like electronic billboards lighting up the sky along major urban freeways around the country.<\/p>\n<p>To settle a lawsuit in 2006, the City of Los Angeles agreed to let Clear Channel (and CBS) erect 100 of these things around the city &#8211; now the city found a judge to allow the city to renege on their agreement and the companies have been ordered to turn them off due to community opposition.<\/p>\n<p>This decision might put Clear Channel in a financial world of hurt.  Given the politics of Southern California, I would be shocked if they weren&#8217;t purchased by one of the Billionaires from South of the Border.  Viva la Raza!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>San Antonio Business Journal story. (Clear Channel is located there) While Clear Channel has a lot of theoretical Goodwill and Intangible assets (FCC Licenses) in their radio business, their hard tangible assets are in outdoor billboards, and advertising in airports &hellip; <a href=\"https:\/\/streamingradioguide.com\/startingover\/?p=7022\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15,18],"tags":[],"class_list":["post-7022","post","type-post","status-publish","format-standard","hentry","category-american-politics","category-radio-biz"],"_links":{"self":[{"href":"https:\/\/streamingradioguide.com\/startingover\/index.php?rest_route=\/wp\/v2\/posts\/7022","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/streamingradioguide.com\/startingover\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/streamingradioguide.com\/startingover\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/streamingradioguide.com\/startingover\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/streamingradioguide.com\/startingover\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7022"}],"version-history":[{"count":2,"href":"https:\/\/streamingradioguide.com\/startingover\/index.php?rest_route=\/wp\/v2\/posts\/7022\/revisions"}],"predecessor-version":[{"id":7026,"href":"https:\/\/streamingradioguide.com\/startingover\/index.php?rest_route=\/wp\/v2\/posts\/7022\/revisions\/7026"}],"wp:attachment":[{"href":"https:\/\/streamingradioguide.com\/startingover\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7022"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/streamingradioguide.com\/startingover\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7022"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/streamingradioguide.com\/startingover\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7022"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}