Clear Channel

Operates radio stations and billboards.

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Headquarters:
200 East Basse Road
San Antonio, TX 78209
Employees: 20,800
CEO: Bob Pittman
Stock Symbol: CCMO

Website: http://www.clearchannel.com

Career Site

become one of the world’s leading media and entertainment companies, operating as CC Media Holdings . Clear Channel consists of two main media businesses: Clear Channel Outdoor Holdings and the wholly owned Clear Channel Media and Entertainment.

The Outdoor division 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.

Clear Channel’s Media and Entertainment division has the largest reach of any radio or television outlet in America with 239 million monthly listeners. It serves 150 cities through 850 owned radio stations in the U.S., as well as more than 140 stations in New Zealand and Australia.

The company’s operations also include, online and mobile services, including iHeartRadio – Clear Channel's free, industry-leading digital music service; live concerts and events such as the iHeartRadio Music Festival; program syndication; real-time traffic services; music research services; and independent media representation.

The company reported revenues of $6.24 billion in 2012, up 1%, and net loss of $424.4 million.

History

In 1972, Lowry Mays and Red McCombs form San Antonio Broadcasting Company to acquire KEEZ-FM (now KAJA-FM) in San Antonio, TX for $125,000. In 1975, it acquired WOAI-AM. This was the Company's first "Clear Channel" radio station, which means it was designated with its own frequency nationwide.

The company had an IPO in 1984. It entered the television business in 1988 with the acquisition of WPMI-TV, Channel 15 in Mobile, Alabama / Pensacola, Florida. The company would grow quickly through more acquisitions of TV and radio stations.

In 2000, it acquired SFX Entertainment, Inc., one of the world's largest promoters, producers and presenters of live entertainment events. Also acquired outdoor assets of Donrey Media, Taxi Tops and Ackerley Media increasing the outdoor division's business and products.

In 2005, the company offers 10% of Clear Channel Outdoor in an IPO and spins-off Clear Channel Entertainment to shareholders.

Benefits

  • Medical
  • Health Savings Account (HSA)
  • Vision
  • Dental

Insurance

  • Basic Life and AD&D
  • Supplemental Life
  • Supplemental AD&D
  • Dependent Life and Dependent AD&D
  • Short-term Disability
  • Long-term Disability
  • Voluntary Accident Insurance
  • Voluntary Hospital Indemnity Insurance
  • Critical Illness Insurance

Retirement Plans

  • Clear Channel 401(k) Savings Plan
  • Clear Channel 401(k) Savings Plan for Union Employees

Vacation/Time-Off

  • Vacation
  • Holidays
  • Sick
  • Bereavement
  • Jury
  • Military Duty
  • Local Spirit Day
  • Worker’s Compensation

Other Benefits

  • Flexible Spending Account (FSA)
  • Commuter Spending Account (CSA)
  • Employee Assistance Program (EAP)

Updated December 9, 2013