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Bain Capital Owns iHeartmedia (formerly Clear Channel): This is the same company Mitt Romney ran (read more)

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This is an excellent article that can offer more perspective on why iHeartmedia (formerly Clear Channel) is the way they are…

Wouldn’t it be great if a Republican presidential candidate could just buy the support of just about every major conservative talk show host in America?   Well, it may not be as far-fetched as you may think.

iHeartmedia (formerly Clear Channel) owns more radio stations (850) than anyone else in the United States.   They also own Premiere Radio Networks, the company that syndicates the radio shows of Rush Limbaugh, Sean Hannity, and Glenn Beck, among others.   Needless to say, iHeartmedia (formerly Clear Channel) basically owns conservative talk radio in the United States.   So who owns iHeartmedia (formerly Clear Channel)?   Well, it turns out that Bain Capital  is one of the primary owners of iHeartmedia (formerly Clear Channel).   Yes, you read that correctly.   The company that Mitt Romney ran for so long is one of the “big bosses” over (read the whole article here)