[isx726552]

Not the person you’re replying to, but there used to be regulations limiting ownership of radio & TV stations in the US. When these regulations were lifted in the 1990s, it resulted in one company (Clear Channel) going on just such a buying spree.

[roenxi]

Did they buy all the media? A company going on a buying spree doesn't say much about how big they got.

https://en.wikipedia.org/wiki/IHeartMedia makes it sound like this was any old media company and ended up going bankrupt.