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Clear Channel Communications : ウィキペディア英語版
IHeartMedia

|}}
| equity = US$ -9.889 billion (2014)〔
| owner = Bain Capital, LLC
Thomas H. Lee Partners, LP
| num_employees = 20,800 (Dec 2012)
| parent =
| divisions = iHeartMedia
(formerly Clear Channel Media and Entertainment)
| subsid =



| homepage =
}}
iHeartMedia, Inc. (formerly CC Media Holdings, Inc.) is an American mass media company headquartered in San Antonio, Texas. It is the holding company of iHeartCommunications, Inc. (formerly Clear Channel Communications, Inc.), a company founded by Lowry Mays and B. J. "Red" McCombs in 1972, and later taken private by Bain Capital, LLC and Thomas H. Lee Partners through a leveraged buyout in 2008. As a result of this buyout, Clear Channel Communications began to operate as a wholly owned subsidiary of CC Media Holdings.〔(【引用サイトリンク】title=Clear Channel Communications, Form 8-K, Current Report, Filing Date Jul 22, 2008 )〕 On September 16, 2014, CC Media Holdings was rebranded iHeartMedia, Inc., while Clear Channel Communications became iHeartCommunications, Inc.
iHeartMedia, Inc. specializes in radio broadcasting through division iHeartMedia (formerly Clear Channel Media and Entertainment) and subsidiary iHeartMedia and Entertainment, Inc. (formerly Clear Channel Broadcasting, Inc.); the company owns more than 850 full-power AM and FM radio stations in the U.S., making it the nation's largest owner of radio stations. Additionally, the company leases two channels on Sirius XM Satellite Radio, and has expanded its online presence through the iHeartRadio platform.〔http://radioinsight.com/blog/headlines/84485/clear-channel-sells-siriusxm-stake-stations-to-leave-service/
*http://radioinsight.com/blog/headlines/86383/siriusxm-adjusting-lineup-z100kiis-fm-come-to-sirius/〕 iHeartMedia, Inc. also specializes in outdoor advertising through subsidiary Clear Channel Outdoor Holdings, Inc.
The name "Clear Channel" came from AM broadcasting, referring to a channel (frequency) on which only one station transmits. In the U.S., clear-channel stations have exclusive rights to their frequencies throughout most of the continent at night, when AM signals travel far due to skywave. The company's new name is intended to reflect its growing digital business. Bob Pittman, Chairman and CEO of iHeartMedia, Inc., explained: "We have a company that's doing progressive stuff, and yet we're named after AM radio stations."
==History==

Clear Channel Communications purchased its first FM station in San Antonio in 1972. The company purchased the second "clear channel" AM station WOAI in 1975. In 1976, the company purchased its first stations outside of San Antonio. KXXO AM and KMOD FM in Tulsa were acquired under the name "San Antonio Broadcasting" (same as KEEZ). Stations were also added in Port Arthur, Texas (KPAC-AM-FM from Port Arthur College) and El Paso, Texas (KELP AM (now KQBU AM) from John Walton, Jr.). In 1992, the U.S. Congress relaxed radio ownership rules slightly, allowing the company to acquire more than 2 stations per market. By 1995, Clear Channel owned 43 radio stations and 16 television stations. When the Telecommunications Act of 1996 became law, the act deregulated media ownership, allowing a company to own more stations than previously allowed. Clear Channel went on a subsequent buying spree, purchasing more than 70 other media companies and individual stations.
In a few cases, following purchase of a competitor, Clear Channel was forced to divest some of its stations, as it was above the legal thresholds in some cities. In 2005, the courts ruled that Clear Channel must also divest itself of some "border blaster" radio stations in international border cities, such as the alternative rock radio station XETRA-FM ("91X") in Tijuana, Baja California/San Diego.
In 1997 Clear Channel moved out of pure broadcasting when it purchased billboard firm Eller Media,〔(【引用サイトリンク】title=Clear Channel Communications, Form 8-K, Current Report, Filing Date Apr 17, 1997 )〕 which was led by Karl Eller.
In 1998 it made its first move outside of the United States when it acquired the leading UK outdoor advertising company More Group plc, which was led by Roger Parry; Clear Channel went on to buy many other outdoor advertising, radio broadcasting, and live events companies around the world, which were then re-branded Clear Channel International. These included a 51% stake in Clear Media Ltd. in China.〔(Clearchanneloutdoor.com )〕
In 1999, the company acquired Jacor Communications, a radio corporation based in Cincinnati.〔(【引用サイトリンク】title=Clear Channel Communications, Form 8-K, Current Report, Filing Date May 7, 1999 )
R. Steven Hicks and Hicks, Muse, Tate & Furst began Capstar Broadcasting in 1996 and a year later had become the largest owner of radio stations in the country, with 243 stations in all. In August 1997, Capstar and Hicks, Muse, Tate & Furst announced plans to acquire SFX Broadcasting Inc., with the resulting company owning 314 stations in 79 markets and ranking as the third-largest radio group by income. A year later, Chancellor Media Corporation and Capstar Broadcasting Corporation announced a merger that would result in Chancellor Media owning 463 stations in 105 markets once the deal was completed in second quarter 1999. Hicks, Muse, Tate & Furst owned 59 percent of Capstar, with 355 stations in 83 markets, and was the largest single owner of Chancellor (which had 108 stations in 22 markets), with 15 percent of the stock. Chancellor Media later became AMFM Inc., which was acquired by Clear Channel in a deal announced October 3, 1999, and valued at $17.4 billion. The resulting company would own 830 radio stations, 19 television stations, and over 425,000 outdoor displays in 32 countries.〔(【引用サイトリンク】title=Clear Channel Communications, Form 8-K, Current Report, Filing Date Oct 5, 1999 )
In 2005 Clear Channel Communications split into three separate companies. Clear Channel Communications was a radio broadcaster; Clear Channel Outdoor was out-of-home advertising; and Live Nation was live events.〔(【引用サイトリンク】title=Clear Channel Communications, Form 8-K, Current Report, Filing Date Apr 29, 2005 )〕 The Mays family remained in effective control of all three, and held key executive roles in each (with Mark Mays as CEO of both radio and outdoor and Randall Mays as Chairman of Live Nation).
On November 16, 2006, Clear Channel announced plans to go private, being bought out by two private-equity firms, Thomas H. Lee Partners and Bain Capital Partners for $18.7 billion, which was just under a 10 percent premium above its closing price of $35.36 a share on November 16 (the deal values Clear Channel at $37.60 per share).〔(【引用サイトリンク】title=Clear Channel Communications, Form 8-K, Current Report, Filing Date Nov 16, 2006 )〕 The new ownership of Clear Channel also announced that all of its TV stations were for sale, as well as 448 radio stations that were outside of the top 100 markets. All of the TV stations and 161 of the radio stations were sold to a Providence Equity Partners, a private-equity firm, on April 23, 2007, pending FCC approval.〔(【引用サイトリンク】title=Clear Channel Communications, Form 8-K, Current Report, Filing Date Apr 26, 2007 )
On July 24, 2008, Clear Channel held a special shareholder meeting, during which the majority of shareholders accepted a revised $36-per-share offer from Bain Capital and Thomas H. Lee Partners.〔(【引用サイトリンク】title=Clear Channel Communications, Form 8-K, Current Report, Filing Date Jul 24, 2008 )〕〔(Reuters.com ), Clear Channel shareholders OK $17.9 billion buyout, (retrieved July 14, 2008)〕 The company announced on July 30 that it would offer shareholders either $36 in cash or one share of CC Media Class A common stock for each share of Clear Channel common stock held.
In early 2010 it was announced that the company was facing bankruptcy due to its "crippling debt."〔Kosman, Josh (2010-04-12) (Unclear future: Clear Channel creditors poised to pick up pieces ), ''New York Post''〕
After 21 years, Mark Mays stepped down as President and CEO of Clear Channel on June 23, 2010.〔(Broadcasting World – Clear Channel CEO Stepping Down )〕 Mays will remain as Chairman of the Board, a position he has held for a year prior. The Board engaged Egon Zehnder International, a leading executive search firm, to lead the search for a new CEO.〔(【引用サイトリンク】title=Clear Channel Communications, Form 8-K, Current Report, Filing Date Jun 24, 2010 )〕 On October 2, 2011, Robert W. "Bob" Pittman was named CEO of Clear Channel.〔(【引用サイトリンク】title=Clear Channel Communications, Form 8-K, Current Report, Filing Date Oct 6, 2011 )
On January 6, 2014, Clear Channel announced a marketing partnership with Robert F.X. Sillerman's SFX Entertainment (whose original incarnation was, coincidentally, sold to Clear Channel and spun off to form Live Nation), which will see the two firms collaborate on electronic dance music content for its digital and terrestrial radio outlets; including a Beatport top 20 countdown show (which will air on some of iHeartMedia's major-market contemporary hit radio stations), a national talent search, and an "original live music series", which will include two concerts in the style of its Jingle Ball events around Halloween 2014. The partnership will expand upon iHeartMedia's existing EDM-oriented outlets (such as ''Evolution''). iHeartMedia staff, including John Sykes, believed that the deal (particularly the Beatport countdown show) would help provide a higher level of national exposure to current and up and coming EDM artists.〔(【引用サイトリンク】url=http://www.billboard.com/biz/articles/news/branding/5862283/sfx-and-clear-channel-partner-for-digital-terrestrial-radio-push )〕〔(【引用サイトリンク】url=http://www.billboard.com/biz/articles/news/branding/5862290/john-sykes-robert-sillerman-on-new-clear-channel-sfx-partnership )〕〔(Clear Channel and SFX Strike Electronic Dance Music Marketing Deal ) from ''The Wall Street Journal'' (January 6, 2014)〕

抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
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