SMALL PROMOTER AWARDED DAMAGES FROM CLEAR CHANNEL

With a couple of pending antitrust inquiries against Clear Channel Communications, you can now put one win in the "little guy" column. Dirt-bike-racing promoter JamSports has been awarded $90 million in damages by a Chicago federal jury. Clear Channel, characterized as a "bully" by some of its smaller rivals, says it will appeal the ruling. In  2004 Clear Channel had revenue of $9.4 Billion. [5-31-2005]


(cartoon by Dianne Patrizzi) [5-31-2005]

 

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