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 28 2008
- $17.8B
Latest News and Analysis
APC Group, Inc. Begins Trading
On August 12, 2008, shares of APC Group, Inc.(OTCBB: APCU) began trading on the over the counter Bulletin Board OTCBB.APC Group is the first company from Fairbanks, Alaska to become publiclytraded. APC Group designs and manufactures patented water-tightretractable power cord reels and proprietary extension cords for alllocations and climates....
Clear Channel Announces Extension of the Consent Payment Deadline in its Tender Offer and Consent Solicitation for Senior Notes
SAN ANTONIO -- In connection with Clear Channel Communications, Inc.'s ("Clear Channel") previously announced tender offer for its outstanding 7.65% Senior Notes due 2010 (CUSIP No. 184502AK8) (the "Notes"), Clear Channel announced today that it has extended the Consent Payment Deadline related to the Notes from 5:00 p.m., New York...
Steve Harvey, Doug Banks, Tom Joyner and Michael Baisden Participate in Clear Channel "Build the Dream" Radiothon for Martin Luther King, Jr. National Memorial
Dream Team of Participants Include: Aretha Franklin, Samuel L. Jackson, Musiq Soulchild, Nia Long, Ice Cube, Stephanie Mills, Cedric The Entertainer, General Colin Powell, Tavis Smiley, Al Roker, and Soledad O'Brien WASHINGTON -- In celebration of the 45th anniversary of the March on Washington and the 'I Have...
Clear Channel Radio's Total Traffic Network Now in 95 North American Markets for Navigation-Equipped Vehicles and Devices
Addition of 15 New Markets Drive Population Coverage of CCTTN to Over 200 Million People SAN ANTONIO -- Clear Channel Radio's Total Traffic Network CCTTN today announced an expansion to its delivery of real-time traffic data over RDS-TMC Radio Data System Traffic Message Channel for navigation-equipped vehicles and...
Clear Channel Radio Locks in Senior Executives with Multi-Year Deals, Promotes Four
Evan Harrison, Mark Kopelman, Gene Romano and George Toulas in Expanded Roles Susan Karis and Tom Schurr Join Senior Executives Under Long-Term Contract SAN ANTONIO -- Clear Channel Radio today announced that it has signed several senior executives in its management team to long-term contracts, including...
Premiere Radio Networks Partners with City of Hope to Launch the Pink Channel
Celebrities including Jordin Sparks, Olivia Newton-John to serve as celebrity hosts for first radio channel dedicated to cancers affecting women LOS ANGELES, Aug. 18 /PRNewswire/ -- Premiere Radio Networks, a subsidiary of Clear Channel Communications, and City of Hope, one of the nation's leading cancer research, treatment...
DOmedia Launches Improved Out-Of-Home and Alternative Media Marketplace Targeting Marketers and Ad Agencies
Web Site Serves to Better Connect Fragmented Players in Rapidly Growing Industry COLUMBUS, Ohio -- DOmedia (www.DOmedia.com) today announces the expanded launch of its online alternative media marketplace featuring media listings from property owners across the country. The extensive database includes a variety advertising opportunities in every market...
HipCricket Extends Relationship with Katz Radio Group and Creates Partnership with Clear Channel Radio Sales to Provide Mobile Marketing Campaigns
KIRKLAND, Wash. -- HipCricket, a pioneering mobile marketing company, today announced that it has renewed and expanded its partnership with media sales and marketing firm Katz Media Group, a division of Clear Channel Communications. The two-year relationship that offers cutting-edge mobile marketing solutions for national advertisers now includes Katz Media's...
Friends Salute Rush Limbaugh
"Before Rush Limbaugh there was nothing like talk radio. He's been to talk what Elvis was to rock V roll. He saved the AM dial... Limbaugh is a master of the airwaves, He is the best talent on the air in modern broadcasting." -MICHAEL HARRISON, the editor of the...
CC Media Holdings and Clear Channel Outdoor Set Date for Second Quarter 2008 Earnings Release
SAN ANTONIO -- CC Media Holdings, Inc. (OTCBB: CCMOV) and Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) confirmed today that both companies will release second quarter 2008 financial results before the market open on Monday, August 11, 2008 at approximately 7:00 a.m. Eastern Time. The companies will not be hosting...
Clear Channel purchase is complete
Clear Channel Communications Inc., the largest U.S. radio broadcaster, said Wednesday that Bain Capital Partners LLC and Thomas H. Lee Partners LP. have completed their $17.9 billion buyout of the company. The buyers valued the transaction at $24 billion, including debt, Clear Channel said. The closing of...
24 Billion Reasons to Support Radio Performance Rights
The musicFIRST Coalition released thefollowing statement today on the Clear Channel private equity deal. Thedeal is valued at $24 billion, including debt. The statement may beattributed to Doyle Bartlett, executive director, musicFIRST. "News that Clear Channel, the largest radio ownership group, has goneprivate for $24 billion casts a...
Celebrities, Athletes, Politicians Join Forces in Clear Channel Radio's Radiothon for Martin Luther King, Jr. National Memorial
WASHINGTON -- In celebration of the 45th anniversary of the March on Washington and the 'I Have a Dream' speech, Clear Channel Radio and the Washington, DC Martin Luther King, Jr. National Memorial Project Foundation, Inc. have joined forces to raise funds for the Memorial to be erected on the...
Clear Channel Radio's Total Traffic Network Continues to be Real-Time Traffic Provider of Choice in Navigation Devices
ASUS Enters Navigation Market Armed with CCTTN Data SAN ANTONIO -- Clear Channel Radio's Total Traffic Network CCTTN today announced that ASUS, an international digital innovator whose technology was behind motherboards that powered one in three desktops sold last year, has selected CCTTN as its real-time traffic provider...
Clear Channel Communications, Inc. Completes Merger with Private Investor Group
SAN ANTONIO -- Clear Channel Communications, Inc. today announced the completion of a merger with an indirect wholly owned subsidiary of CC Media Holdings, Inc., a corporation formed by a private equity group co-led by Bain Capital Partners, LLC and Thomas H. Lee Partners, L.P. The total transaction is valued...
Clear Channel Announces Expiration and Final Results of Its Previously Announced Tender Offer for AMFM Senior Notes
SAN ANTONIO -- In connection with the completion of the merger with BT Triple Crown Merger Co., Clear Channel Communications, Inc. ("Clear Channel") announced today the expiration and final results of its previously announced tender offer to purchase any and all of its subsidiary AMFM Operating Inc.'s ("AMFM") outstanding 8%...
Pump up the volume
At the peak of the 2003 holiday shopping season, the stock prices of satellite radio companies Sirius and XM surged amid stronger-than-expected pre-Christmas sales. Analysts were giddy with excitement over what the future held for satellite radio. As one expert told Bloomberg News, "Once you try satellite, it's hard to...
Clear Channel Radio, Katz Media Group Launch Largest Digital Network, By Any Measure
New 'Katz Online Network' Combines More Than 1200 Clear Channel and Katz Affiliates With Independent Internet Stations To Become the Largest, Most Diverse Digital Audio Aggregator Ever Unprecedented Network Delivers 79 Million Sessions per Month; And Unique Audience of Nearly Five Million Listeners per Week SAN...
Fitch Downgrades & Withdraws Clear Channel on Approved LBO
NEW YORK -- In-line with prior guidance, Fitch Ratings has downgraded the Issuer Default Rating IDR and outstanding debt rating of Clear Channel Communications, Inc. Clear Channel as follows: --IDR to 'B' from 'BB-'; --Senior unsecured non-guaranteed notes to 'CCC/RR6' from 'BB-'. Fitch has...
Clear Channel Sets Purchase Price in Tender Offer and Consent Solicitation for AMFM Senior Notes
SAN ANTONIO -- In connection with Clear Channel Communications, Inc.'s ("Clear Channel") previously announced tender offer for its subsidiary AMFM Operating Inc.'s ("AMFM") outstanding 8% Senior Notes due 2008 (CUSIP No. 158916AL0) (the "Notes"), Clear Channel announced today the total consideration to be paid for the Notes that are validly...
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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: 515111
