"OlBlueEyes" wrote in message
...
DSK wrote in
:
OlBlueEyes wrote:
wrote in
oups.com:
Any chance Clear Channel bought Sirius?
Nominee for today's "dumb as a post" post. In about 5 mouse clicks
you can find out that Sirius is an independent company (NASDAQ:
SIRI).
Hello? Hello??
He was asking a question, not making a statement. Is anybody home?
Yes, but he asked a question the answer to which is simple to find. Then
he used a supposition of the wrong answer to the question to fuel the
remainder of his post.
That's how you guys "spread" your message, by buying up and silencing
other voices. Must be some really obvious advantages to the
philosophy you espouse when silencing dissent is the first item on
the agenda.
A purchase requires a seller. Perhaps the angelic voices of dissent
you cite are just greedy businesspeople who sell out when CC offers
them big bucks for their stations.
Or perhaps, since they are businesses, they are subject to buy-outs
just like Chrysler, Disney, etc etc.
I'm not sure why you mention Disney; it is an independent company.
Anyway, Chrysler had to APPROVE its acquisition by Daimler-Benz. And even
so-called "hostile" takeovers are so named only because the buyer is
bypassing negotiations with the management of the company being bought -
the buyer still has to buy shares on the open market from the current
shareholders, and if enough refuse to sell, the takeover attempt fails.
You're stuck on the idea of public companies. From an interview a couple of
years back with some broadcasting consultant: In smaller markets, many of
the companies bought up by Clear Channel are privately held. They're run by
employees, and the third generation of family just sits in the background
because they inherited it and aren't much interested in the business. They
wait for a buyer to come along, and there goes the radio station. Not much
different than reluctant owners of farms who inherited them from grandpa,
never touch dirt, rent the land to a farmer for his use, and sell out to a
developer when one comes along.