iTunes Radio does not justify Pandora rate hike, judge says in major royalty decision
Are digital services like Pandora paying their fair share to support musicians? A new ruling will add fuel to the debate: here’s all the details.
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iHeartRadio adds on-demand talk programming, lets listeners participate via Spreaker
iHeartRadio hearts talk: The Clear Channel-owned online radio platform is adding podcasts, talk radio shows and direct contributions from listeners to its program.
Pink Floyd vs Pandora: what the fight’s about (and who’s right)
Musicians and popular radio service Pandora are throwing mud at each other again. Who do you side with? Here’s an easy-to-read Q&A to explain the issues.
Nothing wrong with a little media chaos — Clear Channel CEO
Veteran media exec and investor, Bob Pittman, was in New York for advertising week where he said the key to the bigger picture is to focus on what the consumer wants and then to scale it.
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Yahoo strikes digital radio deal with Clear Channel
Yahoo’s latest deal with an entrenched traditional media brand will bring digital radio station portal iHeartRadio into its fold. Yahoo and Clear Channel will also cross-promote each other’s content, as well as partner on live events.
Pittman Gives Into Temptation; Takes Over As Clear Channel CEO
It seemed like a no brainer back in November. If Bob Pittman was willing to return to radio after forays at MTV, AOL (NYSE: AOL), Time Warne…
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Former Clear Channel Digital Head Harrison Tries A New Medium: Billboards
Evan Harrison is changing frequencies after a career in music and digital that spans lengthy stays at *Clear Channel* Radio, where he was pr…
Bob Pittman Makes A Bet On Clear Channel
Bob Pittman is back in radio. Most known in recent years for his role as an investor following stints as the head of MTV Networks (NYSE: VIA…
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Clear Channel Radio Digital Head Harrison Leaves
Evan Harrison, the long-time head of Clear Channel (OTCBB: CCMO) Radio’s digital operations, is leaving the company at the end of the year.…
Clear Channel Outdoor Extends Airport Ads To Mobile Phones
Clear Channel (OTCBB: CCMO) Outdoor, which manages advertising in 32 of the top U.S. airports, has teamed up with Santa Monica, Calif.-based…
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Clear Channel’s Free Apps Are A Money-Maker
Among the eight million people who have downloaded Clear Channel’s free mobile applications, the average user spends 3.5 hours listening to…
Randall Mays Stepping Down As President, CFO Clear Channel
A year after the $24 billion leveraged buyout of *Clear Channel Communications* by Bain Capital and THL Partners, a member of the family tha…
S&P Downgrades Clear Channel Debt
No big surprise here, but Standard & Poor’s has downgraded the debt ratings on Clear Channel Communications (NYSE: CCU). It cites steep earn…
Updated: Clear Channel Taps Credit Facility, Hinting At Problems Ahead
To the mounting list of media companies struggling with their balance sheets, you can now add Clear Channel (NYSE: CCU) Communications. The…
Clear Channel Cuts 1,850 Jobs
While much of the focus on the media recession this past year has focused on newspapers, radio has been quietly suffering the effects of the…
Industry Moves: Clear Channel Signs Multi-Year Contracts With Senior Execs; Promotes Online Head
This is funny, if only in a non-funny way: Perhaps Clear Channel (NYSE: CCU) Radio is concerned about Sam Zell poaching more of the company’…
Earnings: Clear Channel Q2 Revs Up 2 Percent; Outdoor Overcomes Radio’s Slide
Now owned by PE firms Bain and Thomas H. Lee, Clear Channel (NYSE: CCU) — technically CC Media Holdings — reported Q2 revenue of $1.83 bil…
Clear Channel And Katz Media Roll Out Online Radio Network
Clear Channel (NYSE: CCU) Radio has teamed with media sales firm Katz Media Group on what the two claim is the largest digital radio network…
Clear Channel Sale Now Fully Funded; Likely To Close In Q3
A deal was agreed to about two weeks ago, and now they’ve dotted the i’s and crossed the t’s: Clear Channel (NYSE: CCU) says its sale to two…
It’s Official: Clear Channel, Banks, Buyers Agree On Deal At $36 Per Share
After two days worth of reports, Clear Channel (NYSE: CCU) confirmed late last night that it, its private equity buyers (Bain and Thomas H.…
Deal Reached For Clear Channel Sale At $36 Per Share: Reports
It looks like a deal has been reached in the Clear Channel (NYSE: CCU) case. The company said yesterday that there were indeed settlement ta…
Clear Channel Expands Online Activities, May Include Pandora: Report
While the effort to take Clear Channel (NYSE: CCU) private hangs in the balance, the radio network has an online expansion wave in the works…
Update: Clear Channel In Settlement Talks With Banks To Fund Buyout; No Agreement Yet
Update: Clear Channel (NYSE: CCU) has responded to the report, saying settlement talks have been initiated, but that no agreement has yet be…
Earnings: Clear Channel Q1 Revs Up 4 Percent; Radio Down
The long slog in the courts continues, but in the meantime, Clear Channel (NYSE: CCU) reported Q1 revenue of $1.6 billion, a 4 percent incre…
Clear Channel Buyout: Banks Offer Binding Arbitration; PE Buyers Reject
The acquisition of Clear Channel (NYSE: CCU) by two private equity firms, Thomas H. Lee and Bain Capital Partners, continues to play out in…
Updated: Judge Awards Temporary Restraining Order Against Banks In Clear Channel Case
That was quick: A Judge in Bexar County, TX has granted a temporary restraining order against the banks funding the Clear Channel (NYSE: CCU…
Updated: PE Firms Sue Banks To Save Clear Channel Deal; Clear Channel Wants Huge Penalty
Looks like the banks financing the Clear Channel (NYSE: CCU) sale definitely want to walk. Last night reports emerged that the deal was on t…
Clear Channel Sale ‘Near Collapse’: Report
Whispers that Clear Channel’s (NYSE: CCU) $19 billion sale to two private equity firms is on the rocks have been growing louder in recent we…
Thumbplay Content Store Added To Clear Channel Local Station Sites
Thumbplay has signed a distribution deal with Clear Channel (NYSE: CCU), which plans to use the mobile content company’s services to roll ou…
Earnings: Clear Channel Q4 Revenue Up 4 Percent; Radio Revenue Down 3 Percent
As it waits for its deal to happen… Radio network Clear Channel (NYSE: CCU) announced Q4 revenue of $1.84 billion, up 4 percent year-over-…
DOJ Approves Clear Channel Sale If Station Divestitures Are Made; Still Waiting On Financing
Another hurdle cleared, but not the big one: The DOJ announced today that it would approve Clear Channel’s (NYSE: CCU) sale to two private e…
FCC Gives Nod To Clear Channel Sale
The FCC has voted on a 5-0 basis not to block the sale of radio giant Clear Channel (NYSE: CCU) to two private equity firms for $19.5 billio…
FCC To Green Light $19.5 Billion Sale Of Clear Channel: Report
The FCC appears set to give its approval to Clear Channel’s (NYSE: CCU) $19.5 billion sale to two private equity firms. Citing an agency off…
Waiting for Godot: Clear Channel’s Hopes For Mobile Marketing Next Year
Clear Channel, (NYSE: CCU) the media conglomerate with a huge outdoor billboard business, has big hopes with mobile marketing for 2008. It h…
Earnings: Clear Channel Q3 Revenue Up 5 Percent; Radio Business Down Slightly
National radio operator Clear Channel (NYSE: CCU) reported Q3 revenue of $1.7 billion, up 5 percent from last year’s $1.6 billion. Excluding…
