Clear Channel Owns Far More Radio Stations (850) Than Anybody Else In The United States.

Wouldn’t it be great if a Republican presidential choice could just buy the support of just about every major careful talk show host in The United States? Well, it may not be because far-fetched as you may think. Clear Channel owns more radio stations (850) when compared with anyone else in the United States. They also individual Premiere Radio Networks, the company that syndicates the radio shows involving Rush Limbaugh, Sean Hannity, and Glenn Beck, among others. Naturally, Clear Channel basically is the owner of conservative talk radio in The USA. So who owns Clear Channel? Well, it turns out that Bain Capital is among the primary owners of Clear Channel.

Yes, you read that will correctly. The company that Mitt Romney ran for so long is among the “big bosses” over virtually all conservative talk radio in America. Of course Mitt Romney is not running Bain Capital any longer. He is a “partner”, but he still has a huge financial spot in Bain Capital. We’re referring to millions upon millions of dollars. In the event you doubt this, just have a look at page 34 of this public financial disclosure report. So if you have been wondering why so many careful talk show hosts are being so incredibly kind to Mitt Romney, this just might be the solution.

In the media world, there is a obvious 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. Should you be making tens of millions of dollars 12 months, wouldn’t you be very careful to avoid offending your boss?
The deal by which Bain Capital became one of the people who own Clear Channel was initiated just a short time before Mitt Romney’s first run for president.

On November 16, 2006, Clear Channel announced plans to proceed private, being bought out and about by two private-equity firms, Johnson H. Lee Partners along with Bain Capital Partners for $18.Seven billion, which is just under a ten percent premium above the closing price of $35.36 a new share on November Sixteen (the deal values Clear Channel at $37.60 per share).

The deal was finalized inside 2008. Today, Bain Capital continues to be one of the primary owners of Clear Channel.

One of the subsidiaries of Clear Channel is Premiere Radio Systems.
Premiere Radio Networks directs a whole host of conservative talk radio stations shows. Everyone in the conservative planet knows names such as Rush Limbaugh, Sean Hannity and Glenn Beck. Clear Channel in addition controls some other conservative talk radio hosts (such as Michael Savage and Mark Levin) that are not part of the Premiere Radio family.

The energy that Premiere Radio Systems has is absolutely staggering. This is directly from the official Clear Channel website…. Premiere Radio Systems Inc., a subsidiary involving Clear Channel Communications, syndicates Ninety radio programs and services to more than 5,1000 radio affiliations and grows to over 190 million listeners weekly. Premiere Radio is the primary radio network in the country boasting 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, Los Angeles, with 13 offices countrywide. So do you think that any of those hosts is going to risk viciously attacking Mitt Romney and Bain Capital during this selection season? Not likely.

One of the controversies which includes plagued Premiere Radio Systems in recent years has been the upheaval over their use of compensated actors to call in for their radio shows.

Clear Channel, through its subsidiary, Premiere Radio Networks, auditions and employees actors to call in to talk radio shows and present as listeners in order to present shows, carried by Clear Channel and other broadcasters, with planned content in the form of stories and opinions. The tailor made 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 look authentic to listeners whom might otherwise catch on.

Consequently perhaps that explains exactly where some of the “Romney callers” come from. There is nothing against the law about what Romney and Bain Capital did, but it sure does not pass the “smell test.”

Careful talk radio has the possible ways to sway millions of conservative voters in one direction or another, and it is just not appropriate for Bain Capital and Romney to get such an overpowering financial curiosity about conservative talk radio.
Company, Mitt Romney is still bringing in a lot of money from Bain Capital. Bain Capital along with Bain & Company continue to pour immeasurable money into Romney’s campaign coffers, writes tagza.com.