Clear Channel deal put on notice


The 452.1M sale of 187 radio stations from Clear Channel to GoodRadio.TV has been put into permit-but-disclose ex parte status by the FCC for the purpose of gathering commentary as to whether the deal should be allowed or not. It also includes stations subsequently parked in the Leibowitz Station Trust by GoodRadio.TV since Clear Channel cannot transfer grandfather status along with some of the possibly over-sized market clusters involved in the main deal.

The normal deadline for a petition to deny on the Clear Channel-to-GoodRadio.TV expired 6/18/07, and is set to expire on 7/5/07 for the Liebowitz portion. But the FCC has decided that opening the proceeding up on an ex parte basis would serve the public interest.