Radio Giant Faces Crisis in Cash Flow

Somewhere tonight, the Dixie Chicks are laughing their asses off.

From The New York Times:

Radio Giant Faces Crisis in Cash Flow
By GERALDINE FABRIKANT

Clear Channel, the radio station operator that was taken private last
year, is facing mounting debt payments as media companies face a steep
drop in advertising....

http://www.nytimes.com/2009/04/30/business/media/30clear.html

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--
John Portnoy
Sent from my mobile, and in all likelihood filled with typos.