Video via @FMmovie: Bain Capital, Clear Channel & the Downfall of Radio

The internet didn’t kill radio, commercial radio is killing itself.  Ever wonder why über-corporations like Clear Channel can take over local radio stations, fire your favorite DJ and ignore the local music movements?  How can they make money when fewer and fewer people listen?  Private Equity firms such as Bain Capital have destroyed radio and made handsome profits along the way.

 

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