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Clear Channel: Senate 'ignored the Constitution'
Monday, June 23, 2003
San Antonio, TX -- Clear Channel Communications is firing back at a Senate subcommittee which approved an amendment to the Federal Communications Commission's (FCC) new media ownership guidelines.
The proposed change would eliminate the grandfather clause which would allow Clear Channel to keep all of its stations in cities where the company exceeds newly defined market limits.
Syracuse is one of several cities in which Clear Channel's share of the market has come under scrutiny.
Andy Levin, a Clear Channel senior vice president, said in a press release, "We are deeply disturbed that the Committee would attempt to force companies to divest assets simply because it decides to change the rules in the middle of the game."
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