The Rise Of Clear Channel And The Fall Of Commerical Radio

Critics have blamed Clear Channel for the downfall of American culture while its fans have hailed it as a business dynamo. Founded in 1972 by Lowry Mays, Clear Channel Communications has evolved from a local Texas radio broadcast operation to the fourth largest media company in the nation. As one of the largest, most profitable and most loathed corporations in America, Clear Channel's success has redefined America's corporate and cultural landscapes. Author Alec Foege joins Larry Mantle to examine how the Mays family used rapacious financial engineering and centrally automated music programming to become America's radio behemoth. Foege's new book is "Right of the Dial: The Rise of Clear Channel and the Fall of Commercial Radio."