Owner of St. Louis Radio Stations KLOU (103.3), The Beat (100.3) and Others Announces Big Layoffs

Clear Channel, the largest owner of radio stations in the United States with more than 800 outlets, announced yesterday that it plans to eliminate 1,850 jobs across the nation.

The San Antonio-based company reported that advertisement revenue fell 7 percent in the third quarter. The 1,850 jobs represents nine percent of the Clear Channel's workforce.  

In St. Louis, Clear Channel owns the following outlets:
No word yet on how the layoffs will impact St. Louis stations and whether or not they will finally rid the airwaves of St. Louis' most-annoying disc jockey (and Rams hype man), KLOU's Smash.
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