Back in August, the world's largest radio corporation, Clear Channel Communications, made headlines when it sold 40 of its stations to minority owners -- a move then-chairman of the FCC, William Kennard, called ``the most significant one-time increase in minority ownership in history.'' But what didn't get reported was that two weeks later, after a wave of positive press about one of the most controversial and expensive media transactions ever, Clear Channel bought back the rights to at least six of the stations' ad revenues, and in essence, a good deal of control of the supposedly minority-run stations... The goal of diversity appears to be just talk -- although corporate Clear Channel officials say they are within the law. But the FCC, which approved the sales, has done no follow-up and did not know
that Clear Channel had bought back the ad revenue rights or is simulcasting KSJO-FM on Walnut Creek's KFJO.