BNET Industries
Clear Channel Communications Inc. (CCU) is in the Media Industry
- Revenue
- Dec 31 2007
- $6.8B
- Profit
- Dec 31 2007
- $938.5M
- Market Cap
- Jul 22 2008
- $17.7B
Latest News and Analysis
Clear Channel Says Settles Tribune Lawsuits
NEW YORK (Reuters) - Clear Channel Communications Inc CCU said on Wednesday it settled lawsuits against Tribune Co and several former Clear Channel employees lured away by the newspaper publisher and broadcaster. Clear Channel said Tribune agreed not to further solicit or ...
Radio Is Doomed - Tear Down the Broadcast Towers
Jeff Jarvis submits: My most striking realization since getting my iPhone (love it, thanks for asking) is that radio is doomed. Pandora is a wonder, creating my own radio station, live and on the fly without need for a broadcast tower. CBS is streaming all its stations over the...
Georgetown Partners' Latest Radio Proposal Raises Many Questions
Tyler Savery submits: Months ago, when Georgetown Partners began their quest for 20% of the SDARS spectrum, I composed a list of questions that I felt should be answered. Among those questions was whether Georgetown was looking to build their own satellite radio company, or merely going to act...
Buyout Spats Bruise Many, Damage Trust
By Megan Davies and Jessica Hall NEW YORK/PHILADELPHIA (Reuters) - Spats over the last remaining leveraged takeovers forged during the private equity boom have mostly been resolved, but Wall Street banks, buyout firms and the companies they target have been left more than...
BCE Buyers Finalize Funding
By Wojtek Dabrowski TORONTO (Reuters) - Announcing what it said were "essential milestones" allowing the world's largest leveraged buyout to go ahead, BCE Inc BCEBCE said on Friday that its buyers had finalized funding and were sticking to their C$34.8-billion ($34.1...
Is Rush Limbaugh Worth Clear Channel's Record Breaking Contract?
Julia Boorstin submits: The terrestrial radio industry is struggling to compete with a whole new range of mediums as well as a decline in ad revenue. But radio industry giant Clear Channel CCU just inked the biggest deal ever in the industry with its Premiere Radio Networks division renewing...
Clear Channel in $400 Million Deal With Limbaugh: Report
July 3 (Reuters) - Conservative talk radio host Rush Limbaugh signed an eight-year contract extension worth as much as $400 million with Clear Channel Communications Inc CCU, The New York Times said on its website on Wednesday citing an interview with...
The Future of Radio Is Online
Gino Lattarulo submits: As a musician and producer who lives and breathes for new technology in audio entertainment, I am convinced of two things concerning the future of radio: 1. Terrestrial radio is a dead man walking. 2. Satellite and Internet radio are the going to be...
Clear Channel Radio CEO Signs on For 5 More Years
NEW YORK (Reuters) - Clear Channel Radio Chief Executive John Hogan signed on Sunday a five-year contract to remain in his role with the company as its parent, Clear Channel Communications CCU, heads toward closing a private buyout, according to a...
Cramer Doesn't Say What Radio Stockholders Want to Hear
Tyler Savery submits: This is the first time that I remember hearing a beaten tone in the normally energetic/optimistic voice of Jim Cramer. In a recent video on TheStreet, Cramer said that “the next 4 days are crucial” and that “If it is not ruled on by June, this...
BNET Daily Dispatch: Microsoft, Reuters, EMI, and Clear Channel
Microsoft has renewed its efforts to buy Yahoo. The two companies have had informal talks over the years, but this latest effort comes as Microsoft tries to counter Google's torrid growth. Analysts often dismiss a takeover of Yahoo by Microsoft citing the two companies different cultures and Microsoft's preference...
BNET Daily Dispatch: Chrysler, Clear Channel, Dell, and Sony
Chrysler Group said it would invest $1.8 billion in new and expanded factories in Michigan to remain competitive. Earlier this month, DaimlerChrysler said that it's in talks to sell Chrysler after it lost $1.5 billion in 2006. Chrysler said it made the move becausIn hopes of wooing key investors, buyout...
Clear Channel Q3 2006 Earnings Call Transcript
Clear Channel Q3 2006 Earnings Call Transcript
Clear Channel Communications Q2 2006 Earnings Conference Call Transcript (CCU)
Clear Channel Communications Q2 2006 Earnings Conference Call Transcript CCU
Clear Channel Communications, Inc. Q1 2006 Earnings Conference Call Transcript (CCU)
Clear Channel Communications, Inc. Q1 2006 Earnings Conference Call Transcript CCU
Clear Channel Communications Q4 2005 Earnings Conference Call Transcript (CCU)
Clear Channel Communications Q4 2005 Earnings Conference Call Transcript CCU
Additional Resources
On Air with Ryan Seacrest Launches With Wide Acclaim on Radio Stations Nationwide
LOS ANGELES, July 15 /PRNewswire/ -- On Air with Ryan Seacrest recently launched nationwide on nearly 50 radio stations in major cities such as San Francisco, St. Louis, San Diego, Orlando and Denver. Nationally syndicated by Premiere Radio Networks, a subsidiary of Clear Channel Communications, the three-hour music...
Clear Channel Radio Creates Marketing Solutions Unit
New Marketing Consulting Unit Attracts Key Industry Talent to Senior Leadership Team Providing Creative Marketing Solutions SAN ANTONIO -- Clear Channel Radio today announced a new marketing consulting unit - called Marketing Solutions - that will work collaboratively with large national advertisers and agencies early in the communications...
IPG Moves to Build on Success in Media Operations - Creates 'Mediabrands' to Lead Holding Company's Media Assets and Names Nick Brien as President and CEO
Matt Seiler to Join from PHD as Global CEO of UM Michael Hudes Leaving ClearChannel to Become President, Diversified Media Services and Strategic Development at Mediabrands NEW YORK -- The Interpublic Group (NYSE: IPG) announced today a new structure and a number of senior level personnel...
Clear Channel Announces Termination of Tender Offer and Consent Solicitation for Clear Channel Senior Notes & Extension to the Offer Expiration Date and Consent Payment Deadline in the Tender Offer and Consent Solicitation for AMFM Senior Notes
SAN ANTONIO -- Clear Channel Communications, Inc. ("Clear Channel") announced today that it has terminated its previously announced tender offer and consent solicitation for its outstanding 7.65% Senior Notes due 2010 (CUSIP No. 184502AK8) (the "CCU Notes"). None of the CCU Notes were purchased in the offer and all CCU...
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- Incorporated: 1974
- CEO: Mr. Mark P. Mays
Clear Channel Communications is a media company with three principal business segments: radio broadcasting, Americas outdoor advertising and international outdoor advertising. Co. also owns, programmes or sells airtime for 56 television stations, including 18 television stations distributed as digital multicast stations and owns a media representation firm. As of Dec 31 2007, Co. owned 1,005 radio stations and a national radio network operating in the U.S. In addition, Co. has equity interests in various international radio broadcasting companies. As of Dec 31 2007, Co. owned or operated approximately 209,000 Americas and 687,000 international outdoor advertising display faces.
Key Competitors
Clear Channel Communications Inc. Company Info
Board of Directors
Mr. L. Lowry Mays
Chairman
Mr. John H. Williams
Mr. John B. Zachry
Mr. Alan D. Feld
Mr. Perry J. Lewis
Mr. Mark P. Mays
Mr. Randall T. Mays
Mr. B. J. McCombs
Ms. Phyllis B. Riggins
Mr. Theodore H. Strauss
Mr. J. C. Watts Jr.
Contact Information
200 East Basse Road
San Antonio, TX
210 822-2828
NAICS Code
Radio Networks: 515111Brought to you by IBMSponsored Resources
