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iHeartMedia is America's primary monopoly of digital radio, based in San Antonio, Texas. It was known as Clear Channel before being rebranded in 2014, now with renewed focus on online [mainstream radio], such as iHeartRadio. iHeartMedia, like its predecessor Clear Channel, owns most terrestrial radio stations (AM and FM) in the [United States] and it is difficult for [independent] radio to compete alongside the monopoly.
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