BBCW Featured in Politico Article on Mitt Romney and Clear Channel

BBCW was featured on a key piece in Politico about how Mitt Romney's Bain Capital purchased Clear Channel--this countries largest radio broadcast company. The story focuses on the impact this may have considering all the conservative talk radio shows Clear Channel owns.

In 2006, Bain Capital, the company Romney founded and still draws profits from in his retirement, joined with another private-equity firm to buy Clear Channel, the largest radio station owner in the country. Clear Channel owns Premiere Radio Networks, the syndicator of Limbaugh, Hannity and Beck.

“If you are wondering why so many talk show hosts are being so incredibly kind to Mitt Romney, this just might be the answer,” wrote Michael Snyder, who blogs at The American Dream. “In the media world, there is a clear understanding that you simply do not bite the hand that feeds you.”

Clay Bowler, who blogs as Bungalow Bill, wrote that the financial connection between Romney and Clear Channel may explain what he considered the otherwise baffling decision of Michael Savage to throw his weight behind Romney. Savage, whose show is broadcast on some Clear Channel-owned stations, made headlines in December by offering Gingrich $1 million to drop out of the race, writing, “Mitt Romney is the only candidate with a chance of defeating Barack Obama.”

Politico reporter Keach Hagey contacted me by phone on Friday about the Romney/Clear Channel connection.

Read more: http://www.politico.com/news/stories/0212/73281_Page3.html#ixzz1nUUTpwI5