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Title: Bain Capital Owns Clear Channel (Rush Limbaugh, Sean Hannity, Glenn Beck, Michael Savage, Etc.)
Source:
http://endoftheamericandream.com
URL Source: http://endoftheamericandream.com/ar ... -glenn-beck-michael-savage-etc
Published: Jan 12, 2012
Author: End O. DuhMerica
Post Date: 2012-01-12 22:16:18 by abraxas
Keywords: None
Views: 249
Comments: 14
Bain Capital Owns Clear Channel (Rush Limbaugh, Sean Hannity, Glenn Beck, Michael Savage, Etc.) Wouldn't it be great if a Republican presidential candidate could just buy the support of just about every major conservative talk show host in America? Well, it may not be as far-fetched as you may think. Clear Channel owns more radio stations (850) than anyone else in the United States. They also own Premiere Radio Networks, the company that syndicates the radio shows of Rush Limbaugh, Sean Hannity, and Glenn Beck, among others. Needless to say, Clear Channel basically owns conservative talk radio in the United States. So who owns Clear Channel? Well, it turns out that Bain Capital is one of the primary owners of Clear Channel. Yes, you read that correctly. The company that Mitt Romney ran for so long is one of the "big bosses" over virtually all conservative talk radio in America. Of course Mitt Romney is not running Bain Capital anymore. He is a "retired partner", but he still has a huge financial stake in Bain Capital. We're talking about millions upon millions of dollars. If you doubt this, just check out page 34 of this public financial disclosure report. So if you have been wondering why so many conservative talk show hosts are being so incredibly kind to Mitt Romney, this just might be the answer. In the media world, there is a clear understanding that you simply do not bite the hand that feeds you. Some of the most prominent conservative talk radio hosts are earning tens of millions of dollars a year. If you were making tens of millions of dollars a year, wouldn't you be very careful to avoid offending your boss? The deal in which Bain Capital became one of the owners of Clear Channel was initiated just a short time before Mitt Romney's first run for president. The following comes from Wikipedia.... On November 16, 2006, Clear Channel announced plans to go private, being bought out by two private-equity firms, Thomas H. Lee Partners and Bain Capital Partners for $18.7 billion, which is just under a 10 percent premium above its closing price of $35.36 a share on November 16 (the deal values Clear Channel at $37.60 per share). The deal was finalized in 2008. Today, Bain Capital is still one of the primary owners of Clear Channel. One of the subsidiaries of Clear Channel is Premiere Radio Networks. Premiere Radio Networks distributes a whole host of conservative talk radio shows. Everyone in the conservative world knows names such as Rush Limbaugh, Sean Hannity and Glenn Beck. Clear Channel also controls some other conservative talk radio hosts (such as Michael Savage and Mark Levin) that are not part of the Premiere Radio family. The power that Premiere Radio Networks has is absolutely staggering. The following is directly from the official Clear Channel website.... Premiere Radio Networks Inc., a subsidiary of Clear Channel Communications, syndicates 90 radio programs and services to more than 5,000 radio affiliations and reaches over 190 million listeners weekly. Premiere Radio is the number one radio network in the country and features the following personalities: Rush Limbaugh, Jim Rome, Casey Kasem, Ryan Seacrest, Glenn Beck, Bob (Kevoian) & Tom (Griswold), Delilah, Steve Harvey, Blair Garner, George Noory, John Boy and Billy, Big Tigger, Dr. Dean Edell, Bob Costas, Sean Hannity and others. Premiere is based in Sherman Oaks, California, with 13 offices nationwide. So do you think that any of those hosts is going to risk viciously attacking Mitt Romney and Bain Capital during this election season? Not likely. One of the controversies that has plagued Premiere Radio Networks in recent years has been the uproar over their use of paid actors to call in to their radio shows. The following comes from Wikipedia.... Clear Channel, through its subsidiary, Premiere Radio Networks, auditions and hires actors to call in to talk radio shows and pose as listeners in order to provide shows, carried by Clear Channel and other broadcasters, with planned content in the form of stories and opinions. The custom caller service provided by Premiere Radio ensures its clients they won't hear the same actor's voice for at least two months in order to appear authentic to listeners who might otherwise catch on. So perhaps that explains where some of the "Romney callers" come from. There is nothing illegal about what Romney and Bain Capital have done, but it sure does not pass the "smell test". Conservative talk radio has the potential to sway millions of conservative voters in one direction or another, and it is just not proper for Bain Capital and Romney to have such an overpowering financial interest in conservative talk radio. And yes, Mitt Romney is still bringing in lots of money from Bain Capital. The following comes from a Wikipedia article about Mitt Romney.... At the time of his departure, Romney negotiated an agreement with Bain Capital that allowed him to receive a passive profit share as a retired partner in some Bain Capital entities, including buyout and investment funds.[62][57] With the private equity business continuing to thrive, this deal would bring him millions of dollars in income each year.[57] As a result of his business career, by 2007 Romney and his wife had a net worth of between $190 and $250 million, most of it held in blind trusts.[62] An additional blind trust existed in the name of the Romneys' children and grandchildren that was valued at between $70 and $100 million as of 2007.[63] The couple's net worth remained in the same range as of 2011, and was still held in blind trusts. In addition, Bain Capital and Bain & Company continue to pour huge amounts of money into Romney's campaign coffers. Just check out the following list of the biggest donors to the Romney campaign. These numbers come from opensecrets.org.... Goldman Sachs $367,200 Credit Suisse Group $203,750 Morgan Stanley $199,800 HIG Capital $186,500 Barclays $157,750 Kirkland & Ellis $132,100 Bank of America $126,500 PriceWaterhouseCoopers $118,250 EMC Corp $117,300 JPMorgan Chase & Co $112,250 The Villages $97,500 Vivint Inc $80,750 Marriott International $79,837 Sullivan & Cromwell $79,250 Bain Capital $74,500 UBS AG $73,750 Wells Fargo $61,500 Blackstone Group $59,800 Citigroup Inc $57,050 Bain & Co $52,500 As with anything, whenever you want to get to the real truth you just need to follow the money. Earlier this week, Sean Hannity told Rick Perry that his attacks on Mitt Romney's time at Bain Capital sounded like something that "Occupy Wall Street" would say. Just the other day, Rush Limbaugh compared Rick Perry to Fidel Castro and rabidly defended Mitt Romney on his radio program.... “There’s no way you can try to dress that up,” Limbaugh fumed. “I don’t understand it. Well, politically I understand it, but that’s just absurd. It’s sad. ‘Cause I really, really, really like Rick Perry! I really do. I had such hopes! I did. I’ll tell you, I did, but all of this talk about “corporate raiders,” and as I listen to politicians start talking about capitalism, lights are going off in my head. “Maybe they don’t really know what it is. Maybe they’re under some misconception about what capitalism is, because this characterization of it? A distinction with venture capitalism and vulture capitalism? This bite from Perry doesn’t compute.” So why are these conservative talk show hosts defending Mitt Romney so furiously? I think now we know. It is all about the money. When you have enough money, you can get conservative talk show hosts to promote an extremely liberal candidate. Yes, of course Bain Capital does not "control" what these talk show hosts say. Yes, of course some of the talk show hosts toss some light criticism at Romney from time to time. But they simply do not go after Romney like they should be. The truth is that Mitt Romney is really a Democrat that is masquerading as a Republican. When you closely examine his record, he is very similar to Obama. There is no way in the world that any self-respecting conservative should ever cast a single vote for him. But right now Mitt Romney is running away with the race for the Republican nomination. If Republicans can be fooled this badly, is there any hope for the future of the Republican Party?
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#1. To: abraxas (#0)
Clear Channel Communications, Inc. CC Media Holdings (OTCBB:CCMO) is the parent of Clear Channel Communications, a global media and entertainment company specializing in providing mobile and on-demand entertainment and information services for local communities and premier opportunities for advertisers - through outdoor, radio and digital platforms. Based in San Antonio, Texas, the company was founded in 1972 and today operates two main businesses - outdoor advertising - through its subsidiary Clear Channel Outdoor Holdings (publicly traded under ticker symbol NYSE: CCOH), and broadcast and digital media and entertainment services through wholly-owned Clear Channel Radio. With nearly $6 billion in annual revenue, the company is focused on building the leadership position of its assets and maximizing financial performance across its globally diversified platform. Clear Channel is investing strategically in its digital platforms, including the development of the next generation of iHeartRadio and the ongoing deployment of digital outdoor displays. Top line growth combined with a focus on cost management has resulted in consistent improvement in Clear Channel's overall operating profit margin. Quick Facts * Clear Channel Outdoor operates close to one million displays in 45 countries across 5 continents. o In the United States, the company operates just under 200,000 advertising displays and has a presence in all of the top 50 Designated Market Areas. o It also operates airport, rail, and mall advertising businesses worldwide. * Clear Channel Radio reaches 238 million monthly listeners in the U.S delivering a unique combination of national audience reach and powerful local execution. o More than 850 Clear Channel radio stations reach more than 110 million listeners every week. o The company's digital online and mobile applications - including iHeartRadio. o Premiere Radio Networks syndicates 90 radio programs and services to more than 5,000 radio stations affiliations * With international partners, the company owns and operates more than 140 radio stations in Australia and New Zealand.
Mitt Romney - Council on Foreign Relations
I'd think the geniuses that waller in their slop would be just as entertaining, at least if broken down into interchangeable soundbites. That's politics right there, control the words and you control the spirit. Do you want to buy some chiclets? "I am not one of those weak-spirited, sappy Americans who want to be liked by all the people around them. I don’t care if people hate my guts; I assume most of them do. The important question is whether they are in a position to do anything about it." - William S Burroughs
They might as well call it the "Club of Satan" It is eighty percent jooish and their goals/agenda is nothing short of demonic Another little tid bit most are unaware of... They have their own publishing house, it used to be called Zondervan Press and guess what kind of books Zondervan Press puts out..... You got it: Christian books. Is it any wonder most Christians are clueless? It is hard to free fools from the chains they revere. Voltaire An ideal form of government is democracy tempered with assassination. Voltaire
Romney = RINO
#2. To: abraxas (#0)
#3. To: abraxas (#0)
Clear Channel, through its subsidiary, Premiere Radio Networks, auditions and hires actors to call in to talk radio shows and pose as listeners in order to provide shows, carried by Clear Channel and other broadcasters, with planned content in the form of stories and opinions.
#4. To: TwentyTwelve (#2)
(Edited)
Mitt Romney - Council on Foreign Relations
#5. To: abraxas (#0)
-Alex Kurtagic
#6. To: X-15 (#5)
It is hard to free fools from the chains they revere. Voltaire
An ideal form of government is democracy tempered with assassination. Voltaire
#7. To: intotheabyss (#6)
Santorum, the self appointed "social" conservative, wailed far and wide in support of Arlen. How soon the dupes forget......
" If you cannot govern yourself, you will be governed by assholes. " Randge, Poet de Forum, 1/11/11
"Life's tough, and even tougher if you're stupid." --John Wayne
#8. To: Dakmar (#3)
It is hard to free fools from the chains they revere. Voltaire
An ideal form of government is democracy tempered with assassination. Voltaire
#9. To: X-15 (#5)
Even RINO might is too good for him.....cowardly Mormon missionary in France while Vietnam was going on.
" If you cannot govern yourself, you will be governed by assholes. " Randge, Poet de Forum, 1/11/11
"Life's tough, and even tougher if you're stupid." --John Wayne
#10. To: abraxas (#7) (Edited)
That's what the elites count on and it works every time. How soon the dupes forget......
It is hard to free fools from the chains they revere. Voltaire
An ideal form of government is democracy tempered with assassination. Voltaire
#11. To: intotheabyss (#4)
#12. To: intotheabyss (#10)
Fear not.......Bush passed the "Fair" voting act and gave the lot of us Diebold. : (
" If you cannot govern yourself, you will be governed by assholes. " Randge, Poet de Forum, 1/11/11
"Life's tough, and even tougher if you're stupid." --John Wayne
#13. To: abraxas (#0)
It doesn't really matter who owns the broadcast networks because of heavy dependence on retailing advertisers, many of whom are pro-Israel Jews. So the bottom line for all in the media is that you don't say anything critical of the illegal Israeli state. The (Israeli) lobby has intimidated the media as well as the politicians. As a result the general public is unaware of the bestial occupation endured by innocent Palestinians who struggle to survive. Many years ago, in 1946, when the New York Times still provided reliable news coverage, the paper of record disliked and opposed the coercive tactics of the Zionists. This most powerful news source was hit, even before the existence of AIPAC, with an advertiser boycott that swung the paper from an anti-Zionist to a pro-Zionist position.
#14. To: abraxas, All (#0) (Edited)
Cross-referencing 4um Title, Who Are You Mitt? - Post #13, for more info on Mitt Romney's Clear Channel profiteering and that media's Romney-favoring conflict of interest. Gingrich is the FOX News affiliated candidate. Cross-referencing 4um Title, Alex Jones [Nightly News video]: Newt World Order! - Post #9 for more info on that: Gingrich Communications Gingrich Communictations promoted Gingrich’s public appearances, including his Fox News contract and his Web site, newt.org.[97] Edited for spacing. Gingrich is also a fellow at conservative think tanks the American Enterprise Institute and Hoover Institution, focusing on U.S. politics, world history, national security policy, and environmental policy issues. He sometimes serves as a commentator, guest or panel member on cable news shows, such as the Fox News Channel. He is listed as a contributor by Fox News Channel, and frequently appears as a guest on various segments; he has also hosted occasional specials for the Fox News Channel. [sic]
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"They're on our left, they're on our right, they're in front of us, they're behind us...they can't get away this time." -- Col. Puller, USMC
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