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To: EveningStar


His contract is up for renewal in 2016 with the show facing declining ratings, an aging listenership, and a strained relationship with advertisers due, in part, to the Sandra Fluke controversy. In addition, Limbaugh's carrier, now known as iHeartMedia, is in a much poorer financial position than it was in 2008 as it now carries $20 billion in debt and has seen its stock price drop from $90 in 2000, when it was still known as Clear Channel, to $1.15 in 2016.

iHeartRadio is the worst thing to happen to streaming AM since the Internet evolved: iHeart runs no local ads and nothing but PSAs - crap like starving children and how underutilized our national forests are. Absolute insanity. While I wish Mr. Limbaugh the best, the medium will change, by degree.
165 posted on 05/30/2016 4:45:07 PM PDT by SunLakesJeff (Thank you, St. Thomas More.)
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To: SunLakesJeff

I heart radio is where clear channels money went after they got a load from being forced to sell off hundreds of stations because the FCC said they had a monopoly and they were right. Cheap channel was putting the arm on sponsors in every small market community. They doubled ad rates since they owned all the stations,finally the FCC did something right.


203 posted on 05/31/2016 3:55:01 AM PDT by rodguy911 (The U.S.A.: home of the Free because of the brave--Go Palin/Donald)
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