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As far as i know, 99% certitude, AAR as the central network is owned by either the original venture capitalist in c'go, Sheldon??, who just bought it back, or else by some NYC wealthy person.
However , the network feeds programming to about thirty local stations, who buy it and use the local antennas to send radio waves to local radios. These local antannas are owned by mostly local radio entrepreneurs. A growing percent, maybe twenty percent, are owned by a chain of local stations, called Clear Channel.
CC only owns a piece of AAR, bottom line.
Agreed, do not trust CC. We should not do any more partnerships with them.
It is like having FREE REPUBLIC own part of DU.
Bodes ill.
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