Radio giant Clear Channel amps up digital strategy

Clear Channel Communications Inc., the nation's largest owner of radio stations, is ramping up its strategy to stream radio to mobile phones, computers and other devices.

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Arbitron deal with Clear Channel worth $69 million

Arbitron Inc. said Tuesday it has entered into three-year agreements to measure listener ratings for Clear Channel Communications Inc., the nation's largest owner of radio stations, and affiliated companies in 105 markets.

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Clear Channel cutting 590 radio jobs

Clear Channel Communications Inc., the largest owner of U.S. radio stations, said Tuesday it is cutting 590 jobs, including some on-air personalities, in its second round of mass layoffs this year amid pressure from the recession and evaporating advertising budgets.

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Clear Channel cuts 1,850 jobs, 9 pct of work force

The parent of Clear Channel Communications Inc. told workers on Tuesday that it is cutting 1,850 jobs as the nation's largest owner of radio stations grapples with the economic meltdown.

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Clear Channel Radio traffic network expands

Clear Channel Radio's Total Traffic Network said Monday it expanded its real-time traffic data network to an additional 15 markets.

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Clear Channel goes private as delayed deal closes

The long-delayed deal to take radio and billboard company Clear Channel Communications Inc. private closed Wednesday.

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Clear Channel clears buyout hurdle

Clear Channel Communications Inc. said the debt financing needed for its $17.9 billion sale to two private equity firms is in place, clearing one hurdle in the transaction's path.

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Clear Channel terms reflect tight credit, ad slump

A lot has changed in the year and a half since radio industry leader Clear Channel Communications Inc. struck a deal to go private. Credit markets seized up, radio advertising continued to falter and another radio buyout deal failed.

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Asset sales boost Clear Channel profit; Deal still in limbo

Clear Channel Communications Inc., a major radio and outdoor advertising company, reported higher first-quarter earnings Friday on asset sales but operating results were flat, reflecting weak demand for radio advertising.

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DJs return to air after suspension over offensive remark

Two Anchorage disc jockeys returned to their popular morning show Wednesday, three weeks after drawing a storm of complaints for making a derogatory comment on air about Alaska Native women.

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Banks Want Clear Channel Lawsuit Tossed

Banks being sued by Clear Channel Communications Inc. and the private equity firm that wants to buy the company fired back Monday, asking a New York state court to dismiss the suit and to ignore requests for an expedited hearing.

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Clear Channel Said to Cut TV Sale Price

Clear Channel Communications Inc. has agreed to drop the price for its television group by $100 million in an effort to preserve a deal with a private equity firm, a person familiar with the matter said Monday.

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Providence Miffed by Clear Channel Suit

Providence Equity Partners said Sunday it was "surprised and disappointed" by a lawsuit filed Friday by Clear Channel Communications Inc. to force the private-equity firm to close a purchase of Clear Channel's television stations.

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Justice Dept. OKs Clear Channel Deal

The Justice Department on Wednesday approved the $19.5 billion sale of Clear Channel Communications Inc., the largest U.S. operator of radio stations and the world's largest billboard company.

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Radio Giant to Sell Stations in 42 Areas

Clear Channel Communications Inc. has agreed to sell radio stations in 42 markets as part of a deal reached with federal regulators that will allow the company to complete its sale to private investors.

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FCC OKs Clear Channel Buyout

The Federal Communications Commission has signed off on the $19.5 billion deal that will take the nation's largest radio broadcaster private, an agency official said Thursday.

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FCC OKs Sale of Clear Channel Stations

The Federal Communications Commission has approved the $1.3 billion sale of 35 television stations owned by Clear Channel Communication Inc. to Newport Television LLC, a private equity group, subject to certain conditions.

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Ads Drive Clear Channel 3Q Up 51 Percent

Radio station and billboard advertising leader Clear Channel Communications Inc. said Thursday third-quarter earnings surged 51 percent, as outdoor advertising revenue continued to grow sharply.

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Google, Clear Channel Ink Long-Term Deal

Google Inc. and Clear Channel Communications Inc. announced a long-term agreement Sunday that will allow the Internet search leader to place advertising for its online customers on more than 675 Clear Channel radio stations.

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Clear Channel Seeks Support for Buyout

Clear Channel Communications Inc.'s meteoric rise from small-time radio station owner to colossal media company has often been tempestuous, with consumer and antitrust advocates hounding the giant. But these days, the loudest cries are coming from stockholders.

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Clear Channel 4Q Profit Slumps

Clear Channel Communications Inc., the nation's largest operator of radio stations, said Friday its fourth-quarter earnings tumbled 54 percent as expenses rose ahead of an $18.7 billion planned buyout by a group of private equity firms.

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Some Fear Billboards Distract Drivers

When officials in this Minneapolis suburb didn't like the two eye-popping digital billboards that Clear Channel erected along the freeway, they pulled the plug. They had the power company cut off the electricity.

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Clear Channel 2Q Profit Falls to $197.5M

Clear Channel Communications Inc., the nation's largest operator of radio stations, said Tuesday its second-quarter earnings fell more than 10 percent as higher operating costs offset a gain in revenue.

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Clear Channel Posts 4Q Profit of $461.6M

Clear Channel Communications Inc., the nation's largest radio-station owner, said Tuesday it swung to a fourth-quarter profit, most of it generated by the company's spinoff of its live-entertainment subsidiary.

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Broadcasting & Cable's Paige Albiniak casts doubt on Sarah Palin's radio prospects, and says that her sources claim Clear Channel has already turned Palin down out of fears that she can't sustain a regular three-hour radio show:

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At a ribbon cutting ceremony on Geary and Arguello Boulevards in the Richmond District yesterday, Mayor Gavin Newsom, MTA Chief Nat Ford and representatives from Clear Channel presented the next iteration of the city's bus shelters, the first of 1100 new shelters that will be ins …

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It's the music that came after the 60s when the boomers sold out and went to Wall Street. The leftover scraps of folk, prog, and psychedelia, warmed over to a gooey mush in a microwave and repackaged and sold to now middle-aged investment bankers as nostalgia.

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excerpt: " "Last night, Rush Limbaugh came to Washington, D.C. to address the President's Club Dinner, a meeting of wealthy donors and supporters of the Heritage Foundation. The audience included Supreme Court justice Clarence Thomas, Sen.

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excerpt: "Drowning under massive debt and desperate to cut more costs, Clear Channel took an ax to its payroll -- again -- and hacked hundreds of radio pros out the door. Program directors, morning show hosts, production pros, news anchors -- all of them tossed over the side.

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Wow! What the?! Those are the responses a lot of folks are saying when they hear the news that in Chicago, the nationally syndicated "Fly Jock," Tom Joyner is no longer on the radio.

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United Independent Musicians seek equal opportunity

The ever surging Independent Music Industry has not only produced great music equal to, or better than, what is currently commercially available, it has also spawned some great business models and minds that are starting to influence the way records are made, sold, and listened t …

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Byron Dorgan For FCC Chair

President Obama has not yet selected a chair for the Federal Communications Commission. To be fair, the crises in Afghanistan, Gaza, and in the US economy have been taking most of his time.

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Radio has seen definite hard times for the last 10 years. The emergence of instant song-by-song downloads, internet streaming and sattelite radio has taken a huge bite out of the listening audience.

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A controversial billboard along I-19 has been taken down three days after going up. The ad created anger among the gay community and many others.

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Due to the heavy saturation of the major commercial radio broadcasters in the market, opportunity for an independent artist to get any commercial airplay is slim to none.

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Talk-radio pundit Rush Limbaugh renewed his contract with his syndication company today, signing an eight-year deal that Limbaugh said is worth more than $400 million, including a $100 million signing bonus.

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Clear Channel is not yet providing many details about the new personalized radio feature, only that one is coming by the end of the summer.

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From M & C: In Right of the Dial, Alec Foege explores how the mammoth media conglomerate evolved from a local radio broadcasting operation, founded in 1972, into one of the biggest, most profitable, and most polarizing corporations in the country.

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The Federal Communications Commission (FCC) has signed off on a $19.5 billion deal that will take Clear Channel private, according to the Associated Press.

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Despite overwhelming public opposition, the FCC, in a 3-2 vote ruled to allow further medica consolidation. Act now to tell Congress to overturn the ruling.

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"What would it cost to buy the support of just about every nationally-syndicated neocon talk show host in America? About $19.5 Billion, which is what Mitt Romney's private equity firm, Bain Capital, and Thomas H.

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For 34 years, Bill Trowbridge was a sign hanger, one of those guys who puts up billboards. He started working when he was 17.

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Corruption stopping the reconstruction in Iraq, torturing detainees, making Democrats pass legislation regarding the truthful analysis of how Petraeus has betrayed us, or how Rush Limbaugh describes anti-war veterans as "phony soldiers" and suicide bombers have the following in c …

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Retired General Wesley Clark, a former contender for the Democratic presidential nomination, appeared on NBC's Today Show to discuss his campaign to convince Congress to remove conservative talker Rush Limbaugh's program from the Armed Forces Radio Network.

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The company also announced plans to cut off a large chunk of itself, seeking buyers for all of its television stations and 448 of its smaller radio stations.

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Hip-hop radio station Power 105 withdrew its sponsorship of Saturday's Reggae Carifest because two artists on the bill have used anti-gay language in their songs.

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The current controversy stems from a "Consent Decree" issued last April between the FCC and Clear Channel.

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You could almost hear Limbaugh's teeth grinding as he discussed putting on a program that was "dull and boring and horrible." He just can't do it. And that is why Rush is Rush. He is deeply, deeply offended by the prospect of boring his listeners.

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