Clear Channel to cut staff

The Business Journal reports that radio conglomerate Clear Channel will axe about 7% of its work force, or about 1,500 jobs nationwide, in an effort to cut costs. Word out on the street is that ad revenues are down...way down.

Locally, Clear Channel owns WCBT-FM (94.5), WMAG-FM (99.5), WMKS-FM (105.7), WTQR-FM (104), WVBZ-FM (100.3). It is uncertain as to how the cuts will affect these Triad-area stations.

E.C. :)