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iHeartMedia, Inc., or CC Media Holdings, Inc., is an American mass media corporation headquartered in San Antonio, Texas. [2] It is the holding company of iHeartCommunications, Inc., formerly Clear Channel Communications, Inc., a company founded by Lowry Mays and Red McCombs in 1972, and later taken private by Bain Capital and Thomas H. Lee Partners in a leveraged buyout in 2008.
The Clear Channel memorandum contains songs that, in their titles or lyrics, vaguely refer to open subjects intertwined with the September 11 attacks, such as airplanes, collisions, death, conflict, violence, explosions, the month of September, Tuesday (the day of the week the attacks occurred) and New York City, as well as general concepts that could be connected to aspects of the attacks ...
A clear-channel station is a North American AM radio station that has the highest level of protection from interference from other stations, particularly from nighttime skywave signals. This classification exists to ensure the viability of cross-country or cross-continent radio service enforced through a series of treaties and statutory laws.
In November 2005, Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) and its parent company, Clear Channel Communications, Inc. (NYSE:CCU) announced the initial public offering of 35,000,000 shares of Class A common stock of Clear Channel Outdoor Holdings at a price of $18.00 per share, for a total offering of $630,000,000.
The effort failed to meet expectations and the station was sold after Clear Channel bought radio stations with in-town Houston signals. The company went public in 1984. Four years later, the company bought its first television station. [1] [2] By the mid-90s, Clear Channel Communications owned 43 radio and 16 television stations.
Channel (programming) In computing, a channel is a model for interprocess communication and synchronization via message passing. A message may be sent over a channel, and another process or thread is able to receive messages sent over a channel it has a reference to, as a stream. Different implementations of channels may be buffered or not, and ...
Website. kfiam640.iheart.com. KFI (640 AM) is a radio station in Los Angeles, California, owned and operated by iHeartMedia, Inc. It began operations in 1922 and became one of the first high-powered, clear-channel Class A stations. It was the first U.S. station west of Chicago to broadcast at 50,000 watts.
The termination resulted in Clear Channel Investments, Inc. paying Bear Stearns a total of $83.1 million, which was the value of Clear Channel's stake in XM. The accreted value of the debt was $92.9 million, and the fair value of the collar was an asset of $6.0 million, which resulted in a net gain of $3.8 million for Clear Channel. [52]