TIL the Telecommunications Act of 1996 loosened regulations on how many stations a single company could own, leading Clear Channel (now iHeartMedia) to grow from 40 stations to 1,240 in just six years, homogenizing playlists nationwide & radically (negatively) altering the music industry.

Read more: https://www.npr.org/2019/06/07/730323196/one-more-scoop-of-vanilla-a-new-proposal-looks-to-loosen-radio-ownership-rules

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