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Clear Channel To Have Its Day In Court
January 4, 2006

Clear Channel Entertainment must go to court in California over charges of racketeering and claims of improper usage of funds at the Shoreline Ampitheatre in Mountain View, CA. According to the Bay Area newspaper the Mercury News, the concert division of Clear Channel (recently spun off as Live Nation) will go to trial over the city's claims, ruled Judge William Elfving. The case will be heard at a civil trial on February 6.

An audit from the city claims that CC under-reported their revenues by approximately $20 million over a five year period and could owe roughly $3.6 million to the city. The city leases the Shoreline to Clear Channel and have already been battling it out via lawsuits for the past few years over funds from the venue's parking lot. Clear Channel's local operators, Shoreline Ampitheatre Partners, claim that the city is trying to extort more money from them.

City councilman Tom Means told the Mercury News that he hoped the case would be settled out of court, since the judge upheld the city's claims, but not Clear Channel's.




 
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