U.S. in Talks to Privatize Voice of America

Betting that Uncle Sam’s propaganda can produce handsome profit, a group of investors led by Clear Channel Communications Inc. of San Antonio is negotiating to buy the U.S. government-sponsored radio operation known as Voice of America Europe. The effort to acquire Voice of America Europe, which is delivered by satellite to 180 radio stations in about 60 countries, is being spearheaded by Sherril W. Taylor, a former CBS vice president who has also worked at VOA. He could not be reached for comment. VOA Director Geoffrey Cowen confirmed the talks and said he favors privatizing VOA because it could save taxpayers millions of dollars a year. .