Who owns clear channel

Payment method. Which is a global media and entertainment Company. Established in Clear channel communications owns and operates more than 1. And shortwave radio and television stations nationwide. See Also : Entertainment , Media Show details. Who Owns …. Clear Channel will pay royalties for the first time to performers and a record label when songs are played on its radio stations.

From our digital products to our data solutions to our marketing and creative teams to our programmatic opportunities, our unparalleled resources are road-tested and deliver value to our customers that keep businesses moving forward. Just Now Clear Channel Communications owns stations, in all 50 states, reaching, according to their Web site, more than million listeners every week.

Viacom's Infinity radio network holds more. The company has until Dec. Does the FCC regulate newspapers? Media and FCC Regulations. See Also : Media , Newspapers Show details.

The transaction would be one of the biggest deals in which a company has been taken private, and showcases the vast sums that buyout groups have been able to. De-regulating radio opened the door to companies like Clear Channel and Cumulus to own hundreds of radio stations and to dominate local markets. The company owns more than radio stations, the iHeartRadio music-streaming service and a ….

See Also : Media , Bank Show details. Kern has been an investor in several media and marketing companies. The financial performance of the …. Premiere Radio Networks, a division of Clear Channel , owns distribution rights of ….

Today, Clear Channel Communications Inc. They also own more than stations in 65 foreign countries, , billboards, and malls. And that's what Hispanic Broadcasting Corp. See Also : Entertainment Show details. The acquirers were two private-equity firms, Bain Capital and Thomas H. Lee Partners. KGET - TV features local and national news, weather conditions, sports, money, business, entertainment and health. Lee Partners and Bain Capital.

In August , TheDeal. Certainly, seeing that satellite radio has unregulated stations in every market and free radio is limited to just eight shows the apparent disparity. See the company's web site here for a chronological listing of its acquisitions. Following the September 11, terrorist attacks, Clear Channel program directors issued a list of "potentially offensive songs" that it suggested stations not play.

Many reports referred to the list as a "ban" on the songs, which included all Rage Against The Machine songs, the Notorious B. Clear Channel spokesperson Pam Taylor objected to the list being called a "ban," saying, ""This was an effort to help people be sensitive to the unthinkable environment. It's been somehow turned into some sort of evil attempt to control pop music, and that's absurd.

The Clear Channel's activities go beyond radio. In March , its affiliate stations throughout the United States organized pro-war rallies, under the name of Rally for America , to coincide with the Bush administration 's launch of war with Iraq. Although Clear Channel denied sponsoring the rallies, "they were promoted repeatedly by the company's widely syndicated radio personality, Glenn Beck.

Beck described the [pro-war] rallies as a grassroots response to his personal broadcast call to 'Mr. America' to urge their local radio stations to hold rallies. As preparations for the project were underway, the two businessmen backed out of the deal, leaving Mays with a headful of information about the radio industry. Mays pursued the investment opportunity on his own, enlisting the help of a local car dealer named B. Nevertheless, he soon began to demonstrate the assiduous, hands-on type of management that would become another one of his defining trademarks.

He and McCombs whose later business achievements included acquiring the San Antonio Spurs professional basketball team poured more cash into the station and changed its format to country music. At the same time, the partners expanded the station's sales force and increased its promotion budget, with a focus on maximizing advertising revenue.

Making money in broadcasting, Mays reasoned, required forging a close and profitable relationship with the advertisers whose dollars drove a radio station's financial growth. Music format changes and programming adjustments were made, to be sure, but increasing cash flow by attracting advertisers was the chief concern. That's our business: helping people sell Fords.

Under Mays's scrutiny, the floundering KEEZ was transformed into a profitable business within a year, and this success encouraged May to delve deeper into the broadcasting business. By this point, in , Mays had already established the blueprint for Clear Channel's future expansion. In the years to follow, he would acquire distressed stations in such mid-sized, second-tier markets as El Paso, Memphis, Louisville, and New Orleans, and bring them to profitability. Each acquisition candidate had to meet strict criteria before joining the Clear Channel fold, and, once added to the company's portfolio of broadcasting properties, each acquisition was transformed by the same principles: the company's sales force was doubled, its marketing activities were increased, and an emphasis was placed on attracting new advertisers.

Mays rarely tinkered with a station's programming format. Instead, all efforts were directed at the acquisition's financial performance. Moving cautiously in the decade that followed the acquisition of the two Tulsa stations, Mays gradually added to his stable of radio stations as he learned the business.

Developments in , however, promised to usher in a new era of animated growth. In that year, the Federal Communications Commission FCC loosened ownership restrictions for radio and television properties, decreeing that companies could own up to 12 AM stations, 12 FM stations, and 12 television stations.

Prior to , the FCC barred companies from owning more than seven properties in each category.