After the Telecommunications Act of 1996 removed most ownership restrictions of radio stations, one company was able to buy many more stations and now owns more than 1,000. This company, which is the largest radio-station chain in the U.S., is

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Clear Channel Communications, now known as iHeartMedia, Inc., significantly expanded its portfolio after the Telecommunications Act of 1996, becoming the largest radio station chain in the U.S. by owning over a thousand stations.

After the Telecommunications Act of 1996 Removed Most Ownership Restrictions