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Clear Channel Radio is the nation’s
largest radio conglomerate, and Fox News is the most-watched news
network on cable TV.
Now the two are joining forces.
The duo announced that Fox News
Radio would become Clear Channel’s primary national news service
for more than 100 of its news and talk stations in a five-year deal that
starts in 2005.
Fox’s service will deliver what
it calls general-interest news, including five-minute
top-of-the-hour updates, and will of course feature the
organization’s top TV talent.
Under the deal, Fox News Radio
will also have access to news produced by Clear Channel News
Network, which features more than 500 local news reporters.
The new deal immediately elevates
Fox News Radio as a major player, competing directly with Viacom’s
CBS Radio and Disney’s ABC Radio, which will probably end up being
dropped by the Clear Channel stations that now carry it.
ABC Radio still remains dominant,
and will even after the deal is in place, with more than 2,500 stations
still carrying it, even if its dropped by all the Clear Channel
stations.
Clear Channel Radio and Fox News Radio hope to have more than
500
Fox News Radio affiliates by mid-2005. Right at the deal’s outset,
Fox News Radio will have 37 Clear Channel stations in the
country’s top-40 markets, in additional to several hundred more in
mid-size and smaller markets.
The Wall Street Journal reports
ABC Radio’s Paul Harvey and Sean Hannity talk shows, which air on
Clear Channel stations, will not be affected by this new deal.
The alliance between Fox and
Clear Channel will most certainly incite the worries of liberals,
who see both as bastions of right-wing political beliefs. But
whether the alliance floods the radio airwaves with yet more
conservative viewpoints won't become apparent for some time.
Both Fox and Clear Channel deny any political agenda in
the alliance, citing rather the opportunity to provide listeners
with more choices in their news. Financial terms of the deal were
not disclosed.
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