An interesting observation by radio analyst Tom Taylor, from his Taylor on Radio newsletter from Radio-Info.com today:
“Suddenly, Clear Channel co-owner Bain Capital is in the middle of the GOP campaign.
“Bain, the private equity firm co-founded by Mitt Romney, was also part of the private Cumulus Media Partners, until the public Cumulus Media Inc. bought out its interest.
“Nobody’s mentioned Clear Channel yet in the debate over Bain Capital’s role in the American economy. (After all, Bain’s been involved in a hundred or more deals.) But one TRI reader says “it was a little weird watching Sean Hannity defend Bain Capital in a discussion of free market capitalism – when I know that Bain has an interest in Hannity’s syndication company.” That’s Clear Channel-owned Premiere.
“It’s going to be a strange year.”