Clear Channel is reportedly interested in the assets of Playlist.com, a digital music service that filed for bankruptcy protection in 2010. A source tells CNet that Clear Channel is interested in Playlist's user interface and some other technology assets belonging the the service, which allowed users to create and share music playlists with their friends.
I fail to see how the addition of Playlist.com would help Clear Channel. The only way I could see it making an impact would be to completely alter the way the website functions. The way it works now, you put a song or artists into a search engine and it finds the URL of the song on the internet and adds it to your playlist. There are no restrictions at all, just as long as your song is on the internet you can add it to a playlist. What I feel could possibly happen is that Clear Channel could replace that option and make it exclusive to songs that are on the Clear Channel playlist or that have been green-lit by the channel, holding other record companies hostage and allowing them to get the deal they want so they can not only get their music on the site but on the Clear Channel affiliates as well.
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