September 16, 2014 at 5:50 AM (PT courtesy AllAccess.com
CLEAR CHANNEL has become iHEARTMEDIA, “reflecting the company¹s success in becoming a one-of-a-kind multi-platform media company with unparalleled reach and impact,” writes the company.
The newly named company includes a wide range of advertising-supported, consumer-focused media businesses, including 859 radio stations in over 150 markets; iHEARTMEDIA DIGITAL, with its more than 90 million digital monthly uniques; PREMIERE NETWORKS, which syndicates 90 radio programs and services to more than 5,500 radio affiliates; the TOTAL TRAFFIC AND WEATHER NETWORK, reaching almost all U.S. commuters; 20,000 live music events, all of which generate consumer engagement on social media platforms; its related companies, including KATZ MEDIA GROUP; as well as CLEAR CHANNEL OUTDOOR.
“iHEARTMEDIA reflects our commitment to being the media company that provides the most entertainment to the most engaged audiences wherever they go, with more content and more events in more places on more devices,² said Chairman/CEO BOB PITTMAN. “We have massive consumer reach and influence across our platforms because we know how to program the live content people want to hear, see and share right now, we are the largest mobile media company in existence — more than 60% of our broadcast usage is out of home, compared to just 30% for other mobile devices — and we deliver more live programming than any other media company today, built on the national and local on-air personalities who are the heart of our powerful broadcast radio franchises. Combined with CLEAR CHANNEL OUTDOOR’s reach of over half a billion people worldwide across 30 countries and five continents, it¹s clear that no other company can match our reach or broad spectrum of media platforms.”
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