Businesses
Clear Channel has purchased interest in, or outright acquired, companies in a number of media or advertising related industries. This is not an exhaustive list.
Radio
With 850 stations, Clear Channel is the largest radio station group owner in the United States, both by number of stations and by revenue. The 850 stations reach more than 110 million listeners every week, and 237 million every month. According to BIA Financial Network, Clear Channel Media & Entertainment recorded more than $3.5 billion in revenues in as of 2005, $1 billion more than the number-two group owner, CBS Radio.[27]
Clear Channel has purchased stations from or acquired the following radio companies:
The Ackerley Group
AMFM
Apex
Capstar (also operating under Gulfstar, Southern Star, Pacific Star, and Atlantic Star)
Chancellor
Clark Broadcasting
Dame Media
Eastern Radio Assets
Jacor
Quad City
Roberts
ION Media Networks
Taylor Broadcasting
Trumper Communications
SFX Radio
US Radio
Mondosphere Broadcasting
Outdoor advertising
Billboards at Dundas Square in Toronto, owned by Clear Channel.
Clear Channel Outdoor is an advertising company owned by Clear Channel Communications.
Bought Eller Media, Universal Outdoor, and More Group Plc, giving Clear Channel outdoor advertising space in 25 countries.
Owns part of an Italian street furniture company, Jolly Pubblicita S.p.A.
Owns BBH Exhibits, Yellow Checker Star Cab Displays, Dauphin, Taxi Tops, Donrey Media, and Ackerley Media. Also owns an outdoor advertising company in Switzerland and Poland and a major outdoor advertising firm in Chile.
Has a partnership with APN Outdoor in Australia, which has resulted in a 49% share in Adshel, a street furniture advertising company. APN Outdoor is the majority shareholder (owning 51% of Adshel).
Operates over 500 digital billboards in 32 markets.
Television
The first television station Clear Channel purchased was WPMI in Mobile, Alabama in 1988. It owned more than 40 additional stations, a few of which are independent (non-network affiliates). In 2007, the company entered into an agreement to sell all its television stations to Providence Equity Partners for $1.2 billion, a deal that eventually closed in March, 2008. All former Clear Channel television stations are now owned by Newport Television, except for six stations then flipped to other buyers by Newport. In 2012, Newport announced its intentions to sell off as many of the former Clear Channel stations as is legally allowed to Nexstar Broadcasting Group, Cox Media Group and Sinclair Broadcast Group.
Live events
On December 21, 2005, Clear Channel completed the spin-off of Live Nation, formerly known as Clear Channel Entertainment. Live Nation is an independent company (NYSE: LYV) and is no longer owned by Clear Channel. Live Nation UK was also included in the spin off.
Note that post-spinoff, there is overlap the board between Clear Channel and Live Nation, specifically: L. Lowry Mays, Mark P. Mays (Former Vice Chairman of Live Nation), and Randall T. Mays (Former Chairman of Live Nation).[28]
News and information
Operates Clear Channel News Network and local news networks in Kentucky, West Virginia, Virginia, Ohio, Oklahoma, Alabama, Tennessee, Georgia and Florida
Premiere Radio Networks
FOX News Radio
FOX Sports Radio Network
Acquired and later sold the Agri Broadcast Network (ABN), a farm programming provider in Ohio
Publishes "Inside Radio" magazine -
Inside Radio, The Most Trusted News in Radio
Clear Channel Traffic reports on road and traffic conditions across the United States, and in Mexico City, Mexico; these are used by many GPS navigation systems.[29]
Fan Radio Network a sports radio network that serves Minnesota, South Dakota, and North Dakota. Flagship station is KFAN in Minneapolis, MN
Your Smooth Jazz, 24-hour smooth jazz network provided under the company's "Broadcast Architecture" division[30]
Worldwide
Bicing, community bicycle program in Barcelona, Spain, European Union
Owns part of radio groups in New Zealand, Mexico, Norway, and Australia
Owns outdoor advertising companies in Brazil, Chile, Finland, France, Italy, Norway, Poland, Romania, Singapore, South Africa, Sweden, Switzerland, Turkey and Mauritius
Owns L & C Outdoor Comunicacao Visual Ltda., of Brazil
Owns the only airport advertising contract in South America
United Kingdom
Large numbers of billboards (through a takeover of Adshel)
See Clear Channel UK
Operates urban bicycle sharing systems in several European cities:
France
Caen - 350 bikes in 40 stations -
VEOL (French)
Dijon - 350 bikes in 33 stations -
Velodi (French)
Perpignan - 150 bikes in 15 stations - bip-perpignan.fr (French)
Rennes (since 1998) - 200 bikes in 25 stations - veloalacarte.free.fr (French).
Norway - Oslo : Oslo Bysykkel ; Drammen : Drammen Bysykkel ; Trondheim : Trondheim Bysykkel -
www.oslobysykkel.no
Spain - Barcelona : Bicing - 6,000 bikes in 400 stations -
www.bicing.com.
Sweden - Stockholm : Stockholm City Bikes, 1,000 bikes in 80 stations -
www.stockholmcitybikes.se
Italy - Milan : bikeMi, 1,300 bikes in 103 stations -
Bikemi
Vertical Real Estate
In 2003, Clear Channel created the Vertical Real Estate division and hired Scott Quitadamo to promote its tower portfolio. Clear Channel owns and operates approximately 1,500 broadcast transmission towers across the U.S., many of which are available for co-location by third parties such as cellular and PCS companies, wireless internet, fixed wireless, and other broadcasters.
Corporate governance
http://en.wikipedia.org/wiki/Clear_Channel_Communications