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iHeartCommunications, Inc. was founded in San Antonio, TX under the name Clear Channel Communications, Inc. with the purchase of a single radio station in 1972. After decades of growing media assets globally, the company has become one of the world`s leading media and entertainment companies, operating as iHeartMedia, Inc. iHeartMedia, Inc. consists of two main media businesses: Clear Channel Outdoor Holdings (NYSE: CCO) and the wholly owned iHeartMedia. Between these divisions, the company focuses on providing a spectrum of multi-platform advertising and marketing opportunities for partners and world-class entertainment for listeners and users. Across the board, iHeartMedia, Inc. continues to focus on developing innovative and dynamic campaigns for advertisers. Clear Channel Outdoor operates close to one million displays in 45 countries across five continents, and continues to expand upon traditional billboard advertising by packaging unique combinations of displays in airports, rails, malls and more worldwide. The company`s focus on investing in new technologies has led to the growth of its digital footprint. These digital products help to create the ultimate advertising platform for out-of-the-box campaigns, featuring countdowns, video, time-sensitive updates and social media integration. Its iHeartMedia division has the largest reach of any radio or television outlet in America with 245 million monthly listeners. It serves 150 markets through 850 owned radio stations in the U.S. The company`s operations also include, online and mobile services, including iHeartRadio – the free all-in-one, industry-leading digital radio service; live concerts and events such as the iHeartRadio Music Festival; program syndication; real-time traffic services; music research services; and independent media representation. With the advent of new properties, platforms and opportunities, iHeartMedia, Inc. looks forward to continuing along the path towards a creative, dynamic and innovative future.
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