Art, All of the major personalities at WLW, Clear Channel's flagship station located in Cincinnati, are agog over taking over the FCC. Bill Cunningham, best known for chewing out nuns during his call-in show, has said he is up to be Chairman. He is, of course, a Great American. Among the other things one can look forward to is an expansion of his bestial super conservatism and his ultimate surrender of what remains of his private law practice. The rest of the fellows (sorry, but it is a guys club) are planning on becoming either commissioners or department heads. One great advantage to all this is that the Cincinnati Reds and soon, the Cincinnati Bengals will be broadcast over the entire Clear Channel network. Jim W. AMATEUR RADIO: The only fail-safe communications system in the world. ARRL: The reason Amateur Radio is! Jim Weaver, K8JE Director, Great Lakes Division 5065 Bethany Rd. Mason, OH 45040-9660 Tel. 513-459-0142 E-mail k8je@arrl.org -----Original Message----- From: Art Goddard [mailto:w6xd@comcast.net] Sent: Monday, September 22, 2003 11:48 AM To: arrl-odv Subject: [ARRL-ODV:9461] FCC Sold to Clear Channel WASHINGTON (AP)--The Federal Communications Commission (FCC) announced today that it has agreed to be acquired by Clear Channel Communications (CCU) of San Antonio, Texas. In announcing the deal, FCC Chairman Micheal Powell said "This transaction will greatly expedite the demise of the antiquated concept of local ownership of media outlets. Critics of deals such as this need to understand that Clear Channel embodies all that is good and decent in the broadcast industry, and anyone that believes otherwise clearly isn't listening to the news." In a statement issued today, Clear Channel CEO Lowry Mays said "This acquisition is a perfect strategic fit for Clear Channel. The FCC has been a wonderful business partner for the past several years, and has carried out our directions with great enthusiasm. We are proud to welcome the FCC into the Clear Channel family of companies." Although terms of the deal were not immediately available, It is said that the acquisition will include all components, operating units and assets of the FCC, except for its soul, which was sold in a prior transaction to Satan, Inc. in 1996. Clear Channel, which owns broadcast facilities, shopping malls, billboard advertising, and concert promotion units all across North America, has been on an acquisition binge for the past several years, and has recently broadened the scope of its acquisitions to include government entities. In a recent deal, CCU purchased a 50% interest in the U.S. Congress, and is reportedly close to striking a deal to purchase The White House. Clear Channel's Stock stood at $42.09 at the close of Monday's trading, up $1.39, or 3.42%