CLEAR CHANNEL SOLD

This has ramifications for both the television and radio industries. Details here:

Clear Channel Sold for $26.7 Billion

May’s Family Finds Buyers for Clear Channel, TV Stations for Sale

Clear Channel Goes Private in $26.7 billion deal

List of TV Stations to be sold by Clear Channel (courtesy of Michigan Buzzboard)

List of radio stations to be sold by Clear Channel

Official Press Release from Clear Channel

Updated 11:05pm, 11-16-06