Clear Channel’s Pittman: iHeartRadio app is not about Pandora, kinda

September 13, 2011

When Pandora shares took a dive last week several people pointed out that its dip came soon after the number one U.S. radio company Clear Channel Inc launched a customized radio application announced with a press release which didn’t shy away from drawing comparisons with Pandora.

CBS, Clear Channel do some radio dealing

December 15, 2008

In case you hadn’t noticed, this isn’t exactly a great environment for wheeling and dealing. That only compounds the challenge CBS CEO Les Moonves faces in trying to reshape¬†his radio division — it’s not like there was a thriving market for radio station M&A before this whole credit crisis.

Yahoo, Microsoft game of chicken continues

April 1, 2008

ballmerwait2.jpgDeal brinksmanship or genuine threat? You be the judge.

The Wall Street Journal and Reuters reported on Tuesday that Microsoft has no intention of raising its bid to buy Yahoo beyond its initial offer of $31 per share in late January. And why would they, given that no credible counter offer has materialized.

Clear Channel hears the writing on the wall

March 28, 2008

ccu.jpgClear Channel may be fighting its banks with guns blazing in a Texas court, but it’s singing a softer tune to Washington regulators.