|Description||Media and Entertainment Company|
Clear Channel Communications, Inc. was founded in San Antonio, TX with the purchase of a single radio station in 1972. After decades of growing media assets globally, the company has become one of the world’s leading media and entertainment companies, operating as CC Media Holdings (OTCBB:CCMO). Clear Channel consists of two main media businesses: Clear Channel Outdoor Holdings (NYSE: CCOH) and the wholly owned Clear Channel Media and Entertainment. Between these divisions, Clear Channel focuses on providing a spectrum of multi-platform advertising and marketing opportunities for partners and world-class entertainment for listeners and users.
Across the board, Clear Channel continues to focus on developing innovative and dynamic campaigns for advertisers. Its Outdoor division operates close to one million displays in 45 countries across five continents, and continues to expand upon traditional billboard advertising by packaging unique combinations of displays in airports, rails, malls and more worldwide. The company’s focus on investing in new technologies has led to the growth of its digital footprint. These digital products help to create the ultimate advertising platform for out-of-the-box campaigns, featuring countdowns, video, time-sensitive updates and social media integration. Clear Channel’s Media and Entertainment division has the largest reach of any radio or television outlet in America with 243 million monthly listeners. It serves 150 cities through 850 owned radio stations in the U.S., as well as more than 140 stations in New Zealand and Australia.
The company’s operations also include, online and mobile services, including iHeartRadio – Clear Channel’s free, industry-leading digital music service; live concerts and events such as the iHeartRadio Music Festival; program syndication; real-time traffic services; music research services; and independent media representation. With the advent of new properties, platforms and opportunities, Clear Channel looks forward to continuing along the path towards a creative, dynamic and innovative future.