Media Industry
Industry: Email Alert RSS FeedThe FCC cleared Clear Channel Communications Inc. to buy TV and radio stations in Little Rock, Ark., and Memphis. (Federal Communications Commission)(Brief Article)
Broadcasting & Cable, May, 1996
Last Friday the FCC cleared Clear Channel Communications Inc. to buy TV and radio stations in Little Rock, Ark., and Memphis. In Memphis, Clear Channel OWnS WPTY-TV, ch. 24, and through its acquisition of US Radio Inc. is buying WDIA(AM)-WHRK-FM there. Clear Channel also has an LMA with WLMT-TV Memphis.
In Little Rock, Clear Channel owns KLRT(TV), is buying US Radio's KDDK-FM and KMJX-FM, and has an LMA with KASN-TV Pine Bluff/Little Rock. In granting the exemptions to the FCC's one-to-a-market rule, the FCC said the savings Clear Channel expects by consolidating each city's stations under one roof will serve the public interest. There will be 33 separate owners of TV and radio stations in Memphis and 34 in Little Rock, the FCC says. However, since the Clear...
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