Clear Channel has been in trouble for a long time for a variety of reasons, but one factor that contributed to their losses in 2012 was the death spiral of their golden boy radio host Rush Limbaugh.
Just shy of a year ago, Limbaugh launched a cruel 3 day attack on Georgetown law student Sandra Fluke, following her testimony before a Congressional panel regarding health care and birth control. His advertisers have been heading for the doors ever since, thanks in large part to groups like The Flush Rush Facebook community https://www.facebook.com/groups/flushrush/ and #StopRush Twitter http://www.dailykos.com/story/2013/01/30/1183140/-Activists-Harness-the-Power-of-Twitter-to-StopRush. Here are the current number of sponsors who have voluntarily removed their ads from Limbaugh's show:
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