Bain Capital purchased Premiere Radio Networks - Hannity, Limbaugh, Savage, Beck, Levin

[Esoteric]

Thread title may seem slightly misleading, because this happened in 08 (albeit under the radar). This should be the biggest news story this election cycle. There has to be a news source who can run a huge story on this. I wonder why this went under the radar?

Premiere Radio Networks is a WHOLLY OWNED subsidiary of Clear Channel Communications, which Bain, along with another firm, purchased in 2008. Premiere owns exclusive rights to Limbaugh, Hannity and Beck, and also syndicates Savage, Levin, and others on most of their networks.

So, a portion of Hannity and Limbaugh's paychecks come directly from Mitt Romney, via Bain.

On wikipedia, Bain was only listed as an owner of Clear Channel Communications (parent company of Premiere), but no owner was listed for Premiere. I took the liberty of personally listing Bain to the Premiere Radio Networks wikipedia page, you know, for the sake of transparency

Spread these far and wide.

http://en.wikipedia.org/wiki/Premiere_Radio_Networks

http://en.wikipedia.org/wiki/Clear_Channel_Communications

EDIT:

Press release from the acquisition: http://www.clearchannel.com/Corporate/PressRelease.aspx?PressReleaseID=1824

http://www.huffingtonpost.com/2007/12/14/romneys-bain-capital-buys_n_76801.html

Clear Channel Communications, Inc. (NYSE: CCU), a global leader in the out-of-home advertising industry, today announced the execution of a definitive merger agreement with a group led by Thomas H. Lee Partners, L.P. and Bain Capital Partners, LLC, pursuant to which the group will acquire Clear Channel in a transaction with a total value of approximately $26.7 billion, including the assumption or repayment of approximately $8.0 billion of net debt.

 

[jamezelle]

Damn! Nice find

 

[EuRa]

Depressing. Gonna make sure this is legit before I spread it though.

 

[Esoteric]

Proof: http://www.clearchannel.com/Corporate/PressRelease.aspx?PressReleaseID=1824

 

[AhuwaleKaNaneHuna]

Having control over media and information is a powerful place to be.

We need to get this out there and let people know that their "news sources" are nothing more then paid for advertisments for the agendas of the elite- specifically Romney and his cronies in this case

Once it's confirmed , of course.

 

[Student Of Paulism]

Wow, unfucking believable. So there is the proof why levin, dickbaugh and hannity shill for Mitt and hump his leg all the time, and never bad mouth them, while shoveling endless shit about Ron endlessly. Seriously, i dont know who is worse, Mitt or Newt...

People need to be aware of this, and that right soon!

+rep to Eso

 

[Esoteric]

Wow, unfucking believable. So there is the proof why levin, dickbaugh and hannity shill for Mitt and hump his leg all the time, and never bad mouth them, while shoveling endless shit about Ron endlessly. Seriously, i dont know who is worse, Mitt or Newt...

People need to be aware of this, and that right soon!

His capital is literally paying their salaries.

 

[RonPaulCult]

To be completely honest with you, I don't hear any of these people pushing Mitt so much. Sean pushed Newt and Cain. Levin has supported Bachmann, Santorum and Cain and has made clear that he didn't want to vote for Romney time and time again. Savage doesn't seem to like any of the candidates. Beck, I believe, supported Mitt four years ago but is he pushing him this time (I haven't listened to his show much this year).

 

[amonasro]

Does Bain own 100% of Clear Channel, or just a portion of it?

 

[thesnake742]

I listened to Rush's show yesterday. The entire time I was listening, he was DESTROYING Newt and Perry over the comments about Bain. Just going off. Knowing that they own the show? Well, the whole thing makes a little more sense now..

 

[PastaRocket848]

this doesn't make any sense. levin rails against romney every day on his show. i hate levin, i find him despicable, but he certainly isn't in the bag for Romney by any means...

 

[opinionatedfool]

We should call into his show and ask him about the connection. It would be interesting to see what he says.

 

[opinionatedfool]

*rush's show

 

[Esoteric]

We should call into his show and ask him about the connection. It would be interesting to see what he says.

I would LOVE to see them address this.

 

[Travlyr]

You know something is wrong if Romney Radio can only get 40% of the vote. Ron Paul Radio, if it was legal to broadcast the truth, could get 90%.

 

[puppetmaster]

To be completely honest with you, I don't hear any of these people pushing Mitt so much. Sean pushed Newt and Cain. Levin has supported Bachmann, Santorum and Cain and has made clear that he didn't want to vote for Romney time and time again. Savage doesn't seem to like any of the candidates. Beck, I believe, supported Mitt four years ago but is he pushing him this time (I haven't listened to his show much this year).

they are supporting the guy by not supporting others or not discussing....keeping him in the lead by not saying much about him. A quite support if you will

 

[rp713]

this should be drudged.

 

[Pawl2012]

From 2008

http://hotair.com/archives/2008/02/05/rush-limbaugh-endorses-mitt-romney/

 

[MsDoodahs]

Yes this needs to be drudged but .. what do we drudge, exactly?

 

[Miss Annie]

What I find most bizarre about this is that Newt has not thrown that information in with his montage of attacks on Romney and Bain. Surely he was in the know about this...... it does not matter how much one finds out, there is still always something fishy.