Clear Channed did own a significant share of XM in the past, but that is no longer the case. They now own less than 2% of XM stock, so they have very little say in how the company is managed.
As they have very little stake in the future of XM, they might fight for more regulation of satellite radio to protect their existing radio business.
Clear Channed did own a significant share of XM in the past, but that is no longer the case. They now own less than 2% of XM stock, so they have very little say in how the company is managed.
As they have very little stake in the future of XM, they might fight for more regulation of satellite radio to protect their existing radio business.