iHeartCommunications, Inc. Announces Extension Of Private Term Loan Offers

San Antonio, TX, January 4, 2018 - iHeartCommunications, Inc. (“iHeartCommunications”) today
announced that it is extending the deadline for participation in the private offers (the “Term Loan Offers”)
to lenders under its Term Loan D and Term Loan E facilities (“Existing Term Loans”) to amend the
Existing Term Loans. The Term Loan Offers have been extended to 5:00 p.m., New York City time, on
January 19, 2018. iHeartCommunications is extending the Term Loan Offers to continue discussions
with lenders regarding the terms of the Term Loan Offers.

The terms of the Term Loan Offers have not been amended and remain the same as set forth in the
Confidential Information Memorandum, dated March 15, 2017, as supplemented by Supplements No. 1
through No. 5 (as so supplemented, the “Confidential Information Memorandum”).

The Term Loan Offers, which are only available to holders of Existing Term Loans, are being made
pursuant to the Confidential Information Memorandum, and are exempt from registration under the
Securities Act of 1933 (the “Securities Act”). The new securities (the “New Securities”) of iHeartMedia,
Inc., CC Outdoor Holdings, Inc., Broader Media, LLC and/or iHeartCommunications being offered in the
Term Loan Offers are offered only in reliance on exemptions from registration under the Securities Act.
The New Securities have not been registered under the Securities Act, or the securities laws of any state
or other jurisdiction, and may not be offered or sold in the United States without registration or an
applicable exemption from the Securities Act and applicable state securities or blue sky laws and foreign
securities laws.

Documents relating to the Term Loan Offers will only be distributed to holders of Existing Term Loans
that complete and return a letter of eligibility. Holders of Existing Term Loans that desire a copy of the
letter of eligibility must contact Global Bondholder Services Corporation, the tabulation agent and
information agent for the Offers, by calling toll-free (866) 470-3700 or at (212) 430-3774 (banks and
brokerage firms) or visit the following website to complete and deliver the letter of eligibility in electronic
form: http://gbsc-usa.com/eligibility/ihc-termloanoffers.

This press release is for informational purposes only and shall not constitute an offer to sell or exchange
nor the solicitation of an offer to buy the New Securities or any other securities. The Term Loan Offers
are not being made to any person in any jurisdiction in which the offer, solicitation or sale is unlawful.
Any offers of the New Securities are being made only by means of the Confidential Information

About iHeartMedia, Inc.

iHeartMedia (NASDAQ: IHRT) is the number one audio company in the United States, reaching nine out of 10 Americans every month. It consists of three business groups.

With its quarter of a billion monthly listeners, the iHeartMedia Multiplatform Group has a greater reach than any other media company in the U.S. Its leadership position in audio extends across multiple platforms, including more than 860 live broadcast stations in over 160 markets nationwide; its National Sales organization; and the company’s live and virtual events business. It also includes Premiere Networks, the industry’s largest Networks business, with its Total Traffic and Weather Network (TTWN); and BIN: Black Information Network, the first and only 24/7 national and local all news audio service for the Black community. iHeartMedia also leads the audio industry in analytics, targeting and attribution for its marketing partners with its SmartAudio suite of data targeting and attribution products using data from its massive consumer base.

The iHeartMedia Digital Audio Group includes the company’s fast-growing podcasting business -- iHeartMedia is the number one podcast publisher in downloads, unique listeners, revenue and earnings -- as well as its industry-leading iHeartRadio digital service, available across more than 250 platforms and 2,000 devices; the company’s digital sites, newsletters, digital services and programs; its digital advertising technology companies; and its audio industry-leading social media footprint.

The company’s Audio & Media Services reportable segment includes Katz Media Group, the nation’s largest media representation company, and RCS, the world's leading provider of broadcast and webcast software.

Visit iHeartMedia.com for more company information.