RUMOR MILL
"...the opportunity to call Network 40 my own."
—-- Lowry Mays
Monday, March 6, 2000
Clear Channel Swallows Sillerman For $4.4 Billion
Lowry Mays buying spree continues.
Clear Channel Communications, which will soon be the largest U.S. radio broadcaster, thanks to its recent purchase of AMFM, has agreed to purchase Robert F.X. Sillerman’s SFX Entertainment for $3.8 billion in stock and debt.
Clear Channel will pay six-tenths of a share, or $45.11 for each SFX Class A share. It will also swap one share for each SFX Class B share and will assume $1.1 billion in debt.
VMAs BEAMING BACK
TO THE BIG APPLE Getting back to where they once belonged (4/24a)
THE COUNT: ALL THE DESERT'S A STAGE
Jon Wayne is rolling over in his grave. (4/24a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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A CHORUS OF PRAISE: IVORS 2024 NOMSrumor mail
