Click on the banner to learn more...
|
What's for sale?
Clear Channel Radio CEO John Hogan sent two emails out yesterday to two different sets of radio group employees. One said that the employee worked in a market that was not going to be sold and the other informed the employee that their market was, indeed, one of the ones to be divested. "The decision to sell the stations in your market was not made quickly or easily nor is it a reflection on the efforts and performance of you and your team. It is a business decision that we believe will result in a better operating opportunity for your stations and is in keeping with the strategic direction of Clear Channel Radio," Hogan wrote, attaching a complete list of the 90 markets to be sold. "The details on the process for selling this group of stations will be forthcoming. I know you will have many questions and we will answer them as the process develops. In the interim, the best direction I can provide is to continue to focus on the job at hand and perform at the highest level possible. Please know that the time, energy, and effort that you and your team give and continue to give on behalf of your stations is greatly appreciated," Hogan concluded.
The largest market on the list is Boise, ID and not all markets above the 100 rank are included. Clear Channel plans to keep the 100+ markets where it sees strong growth potential. The list includes 60 Arbitron-rated markets and 30 unrated markets.
Here is the complete list of Clear Channel Radio markets up for sale.
Clear Channel Radio markets to be divested
|
Market name
|
Arbitron
|
|
Clear Channel market number
|
Rank
|
|
Boise, ID - Market 203
|
108
|
|
Lancaster, PA - Market 393
|
113
|
|
Victorville, CA - Market 344
|
127
|
|
Reading, PA - Market 147
|
131
|
|
Shreveport, LA - Market 208
|
132
|
|
Burlington, VT - Market 337
|
136
|
|
Fayetteville, AR - Market 267
|
141
|
|
Salisbury, MD - Market 347
|
146
|
|
Ann Arbor, MI - Market 350
|
147
|
|
Tyler, TX - Market 288
|
149
|
|
Albany, OR - Market 230
|
150
|
|
Montgomery, AL - Market 300
|
151
|
|
Huntington, WV - Market 329
|
156
|
|
Rome/Utica, NY - Market 151
|
159
|
|
Poughkeepsie, NY - Market 339
|
162
|
|
Anchorage, AK - Market 248
|
172
|
|
San Luis Obispo, CA - Market 384
|
173
|
|
Lincoln, NE - Market 273
|
176
|
|
Fort Smith, AR - Market 268
|
177
|
|
Binghamton, NY - Market 245
|
179
|
|
Lebanon, NH - Market 392
|
180
|
|
Lubbock, TX - Market 284
|
182
|
|
Midland/Odessa TX - Market 286
|
188
|
|
Tupelo, MS - Market 379
|
189
|
|
Amarillo, TX - Market 277
|
195
|
|
Yakima, WA - Market 242
|
201
|
|
Tri-Cities, WA - Market 407
|
202
|
|
Duluth, MN - Market 424
|
204
|
|
Santa Barbara, CA - Market 186
|
207
|
|
Medford, OR - Market 231
|
212
|
|
Bangor, ME - Market 352
|
216
|
|
Fargo, ND - Market 361
|
223
|
|
Laurel, MS - Market 381
|
227
|
|
Rochester, MN - Market 371
|
230
|
|
Charlottesville, VA - Market 174
|
231
|
|
Muskegon, MI - Market 375
|
232
|
|
Marion/Carbondale, IL - Market 380
|
235
|
|
Eau Claire, WI - Market 348
|
242
|
|
Abilene, TX - Market 360
|
243
|
|
Wheeling, WV - Market 330
|
247
|
|
Lima, OH - Market 220
|
248
|
|
Parkersburg, WV - Market 410
|
249
|
|
Battle Creek, MI - Market 294
|
258
|
|
Billings, MT - Market 403
|
260
|
|
Wichita Falls, TX - Market 387
|
261
|
|
Texarkana, TX - Market 287
|
262
|
|
Augusta, ME - Market 377
|
266
|
|
Williamsport, PA - Market 159
|
269
|
|
Sioux City, IA - Market 395
|
272
|
|
Mankato, MN - Market 370
|
273
|
|
Lawton, OK - Market 276
|
282
|
|
Cookeville, TN - Market 107
|
284
|
|
Bismarck, ND - Market 211
|
285
|
|
Grand Forks, ND - Market 244
|
287
|
|
Jonesboro, AR - Market 374
|
289
|
|
Cheyenne, WY - Market 240
|
290
|
|
The Florida Keys, FL - Market 123
|
291
|
|
Mason City, IA - Market 372
|
292
|
|
Meridian, MS - Market 408
|
295
|
|
Casper, WY - Market 239
|
297
|
|
Ashland/Mansfield, OH - Market 369
|
NR
|
|
Ashtabula, OH - Market 368
|
NR
|
|
Bozeman, MT - Market 404
|
NR
|
|
Burlington, IA - Market 197
|
NR
|
|
Centralia, WA - Market 237
|
NR
|
|
Chillicothe, OH - Market 214
|
NR
|
|
Defiance, OH - Market 217
|
NR
|
|
Dickinson, ND - Market 363
|
NR
|
|
Fairbanks, AK - Market 249
|
NR
|
|
Farmington, NM - Market 262
|
NR
|
|
Findlay/Tiffin, OH - Market 218
|
NR
|
|
Fort Dodge, IA - Market 200
|
NR
|
|
Frankfort, KY - Market 411
|
NR
|
|
Gadsden, AL - Market 298
|
NR
|
|
Gallup, NM - Market 362
|
NR
|
|
Laramie, WY - Market 420
|
NR
|
|
Lufkin, TX - Market 285
|
NR
|
|
Marion, OH - Market 222
|
NR
|
|
Minot, ND - Market 246
|
NR
|
|
Missoula, MT - Market 405
|
NR
|
|
Ogallala, NE - Market 274
|
NR
|
|
Pocatello, ID - Market 204
|
NR
|
|
Randolph, VT - Market 390
|
NR
|
|
Sandusky, OH - Market 223
|
NR
|
|
Shelby, MT - Market 406
|
NR
|
|
Somerset, KY - Market 391
|
NR
|
|
Springfield, IL - Market 292
|
NR
|
|
Twin Falls, ID - Market 206
|
NR
|
|
Victoria, TX - Market 289
|
NR
|
|
Yuma, AZ - Market 260
|
NR
|
|
Source: Clear Channel Communications SEC filing 11/16/06
|
|
|
Radio Business Report
First... Fast... Factual and Independently Owned
|
 |
New readers can receive our RBR Morning Epaper
FREE for the next 60 Business days!
|
|
|
©2006 Radio Business Report, Inc. All rights reserved.
Radio Business Report -- 2050 Old Bridge Road, Suite B-01, Lake Ridge, VA 22192 -- Phone: 703-492-8191
|
