John Hogan Promoted to Chairman and CEO Of Clear Channel Media and Entertainment

John Hogan Promoted to Chairman and CEO Of Clear Channel Media and Entertainment

Award-Winning Radio Veteran Has Overseen Rebranding and Integration of Extensive Assets and Franchises, Like Iconic Brands KIIS FM, Z100, KFI And Others, Across Platforms Including Broadcast Radio, Satellite, HD, Online, and Mobile
Continues to Drive Innovations that are Listener-, Artist-, and Advertiser-Friendly

New York, NY – February 23, 2012 – CC Media Holdings, Inc. (OTCBB: CCMO), a leading global media, digital and entertainment company, today announced the promotion of John Hogan to Chairman and CEO of Clear Channel Media and Entertainment effective immediately. Mr. Hogan has served as President and CEO of Clear Channel Radio since 2002.

Hogan’s promotion follows the rebranding of Clear Channel Radio as Clear Channel Media and Entertainment, reflecting its continued efforts to deliver the best, most vital and engaging entertainment and content from leading franchises, including the iconic KIIS FM, Z100, KFI and many others, to diverse audiences across a range of platforms – broadcast radio; online via the iHeartRadio digital platform and radio stations’ websites; HD; satellite; and mobile.

Clear Channel Media and Entertainment, with its 238 million monthly listeners in the U.S., has the largest reach of any radio or television outlet in America. With more than 54 million downloads and more than 90 million listening hours in January, its iHeartRadio platform is the number one free broadcast radio app on the iPhone and Android.

Clear Channel Media and Entertainment also includes a number of media services that serve the radio, television, digital, mobile and music industries, including Premiere Networks, which syndicates 90 radio programs and services to more than 5,000 radio station affiliates; Total Traffic Network, a groundbreaking programming and technology service delivering real-time traffic data to vehicles via in-car and portable navigation systems, broadcast media, wireless and Internet-based services; The Katz Media Group, the leading media representation firm in the U.S. for radio and television stations; and RCS, which provides scheduling and broadcast software for radio, Internet and television stations in addition to research studies that aid the media and music businesses.

Hogan’s team recently spearheaded two major integrated marketing campaigns for key media partners: the hugely successful campaign for the debut of Madonna’s newest single, “Give Me All Your Luvin’” and album, MDNA; as part of the campaign, Clear Channel Media and Entertainment used extensive on-air and online promotions to drive listeners and Madonna fans to iTunes, where they could buy the new single and pre-order MDNA, scheduled to be released in March. The campaign helped make MDNA the biggest one-day pre-order in iTunes history. Clear Channel Media and Entertainment also partnered with NBC on unique promotional campaigns for its show The Voice and new series Smash; through content integration, promotional support, strategic media placement and social media integration across its powerful brands and platforms, Clear Channel helped propel The Voice to the No. 1 show of the evening and NBC’s highest-rating regular telecast in nearly five years, while Smash scored this season’s best ratings for any 10 p.m. drama across prime time networks.

The team also led the unprecedented “localized national” effort for American Express’s Small Business Saturday campaign, which had an enormous positive impact on small retailers nationwide; and the iHeartRadio Music Festival in Las Vegas, the biggest live music event in radio history.

“Under John’s strong leadership and vision, Clear Channel Media and Entertainment has integrated the company’s assets so that it is today the leading media and entertainment company in the U.S. with a greater reach than any other radio or television outlet. It provides a one-of-a-kind national platform for partners in addition to the powerful local activation market by market and demo by demo,” said Bob Pittman, CEO of Clear Channel. “He has built a deep creative and management team that is fulfilling the company’s commitment to offering the best entertainment, news, sports, and other experiences everywhere our listeners want us to be—on air, online, on mobile devices, and on a wide variety of emerging devices and platforms. We feel fortunate that Clear Channel Media and Entertainment has a leader like John in the driver’s seat at this transformational moment in its history.”

“I am pleased and honored to be named to this position, which is a clear endorsement of the soundness of our strategy, the value of our assets, and the depth of the incredible team we are building here,” said John Hogan. “I appreciate the energy and vision that Bob Pittman has brought to the organization and look forward to pursuing with Bob the vision we share as we continue to push the boundaries of the definition of entertainment, giving our audience what they want now and in the future.”

History of a Radio Industry Veteran

Named Clear Channel Radio’s President and CEO in August 2002, Hogan has led the company’s expansion beyond its broadcast radio roots into new businesses and new technologies. He has overseen the development of an infrastructure and culture that united Clear Channel’s 850 stations in 150 cities into a single integrated organization, transforming it into America’s only radio company that offers true local presence combined with national reach. With 238 million monthly listeners and 40 million monthly digital users, Clear Channel has a greater reach than any other radio or television outlet in the U.S. Clear Channel Radio was re-branded Clear Channel Media and Entertainment in January 2012.

Clear Channel Media and Entertainment has multiple distribution platforms, including AM/FM stations, HD radio channels, Sirius/XM satellite,, the iHeartRadio mobile application on iPads and smartphones, the company’s individual radio station websites and navigation systems from TomTom, Garmin and others. Hogan also has driven the company’s strategy to support advertising partners, labels, and artists with creative, integrated marketing campaigns that reach target audiences across multiple platforms.

Hogan’s unwavering focus on talent has led directly to Clear Channel’s unmatched lineup of on-air personalities – from Ryan Seacrest to Rush Limbaugh, Steve Harvey and Elvis Duran. He also is responsible for the company’s leadership in programming, including innovative, one-of-a-kind services for Clear Channel’s best-in-the-industry programmers.

Hogan’s vision for the radio industry has been honed and cultivated over more than two decades of hands-on radio broadcasting experience, beginning in 1981 in Atlanta, Georgia, where he started his career as an account executive with Meredith Broadcasting. In 1989, Hogan was promoted to General Manager and became Market Manager of the Atlanta group in 1994. Two years later, he was appointed Senior Vice President for Radio at Jacor Communications, where he was instrumental in significantly expanding its radio holdings. In 1999, Clear Channel Communications acquired Jacor and expanded Hogan’s responsibilities to include urban hubs, such as Los Angeles, New York, Houston, and Dallas. After just two years with Clear Channel, Hogan was named Chief Operating Officer, becoming Chief Executive Officer the following year (2002).

As a pioneering leader in the radio industry, Hogan’s many accolades include recognition by Billboard in its 2012 “Power 100 List” and by Radio Ink as No. 1 in its “40 Most Powerful People in Radio” in 2009 and 2010 and No. 2 in 2011 (after Clear Channel CEO Bob Pittman).

Hogan has served on the boards of the National Association of Broadcasters (NAB), the Advertising Council, American Women In Radio and Television (AWRT), and the Emma L. Bowen Foundation for Minority Interest in Media. Hogan graduated from Lake Forest College in 1979.

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.

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