Clear Channel

I have started to discover that the more I allow myself to be a clear channel I began to manifest faster. I don’t know about you guys but I’ve come to find that its as easy as letting go of the fears and embracing more uplifting thoughts. All it pretty much takes is deeply accepting that “All is Well.”

Reuters - The dispute over financing the leveraged buyout of U.S. radio operator Clear Channel Communications Inc. ended late Tuesday as the parties reached an agreement to settle the litigation and struck a new deal at a lower price of $17.9 billion.

Reuters - The banks that had been trying to pull out of the funding for the $20 billion buyout of Clear Channel Communications have reached a settlement with the private equity firms that had sued them, the Wall Street Journal reported on Monday.

Clear Channel (CCU) has a leveraged buy-out in place. Of course, like many of these deals cut last years, the banks tried to walk out a side door. often... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Clear Channel posted a whopping 70 percent gain for its first quarter led by the sale of its South African outdoor advertising firm. However, the company is still in a rough position, as radio revenues continue to diminish. Clear Channel is also hoping to go private; however, the process has been stalled on litigation.

Reactrix displays, gesture-based interactive projection screens, have a national footprint in malls and arenas. Having been named as the interactive technology partner for National CineMedia, you will soon see Reactrix displays in cinema lobbies across the country.Thanks to a new partnership with Clear Channel, Reactrix displays will soon be gaining a foothold in airports as well.Clear Channel Airports, a division of Clear Channel Outdoor, will have full responsibility for the operation, sales and licensing of Reactrix's StepScape displays for its airport partners. Clear Channel has partnered with most major airports in the country outside New York City, including Chicago O'Hare, Boston Logan, Dallas-Fort Worth Intl., Philadelphia Intl., Phoenix Sky Harbor and San Francisco Intl. Like its

"This proposal is yet another disingenuous attempt by the banks to avoid living up to their commitments. The banks want to move this case into the back room because they fear that a public trial will clearly expose their misconduct," the private equity firms said in a statement. Sounds like fighting words to the Prince.  The Prince has stayed on the sidelines on the Clear Channel dispute until this point.  The buyout firms’ quick rejection of the arbitration offer from the syndicate of banks prove once again the Prince’s earlier argument (Wall Street’s Short Memory on Private Equity) about how much leverage sponsors have when it comes to negotiations on committed financings.  If a group of financial sponsors wants to get get a deal done then they

Clear Channel Outdoor today announced on Fox News Channel’s “America’s Pulse” afternoon news program that it will launch the country’s first public bike sharing program pursuant to the existing bus shelter contract the company has with the District of Columbia. Operational for over a decade throughout Europe, SmartBikes will provide an exciting new means of [...]

Clear Channel 1Q Deferring Div Due To Merger With CC Media Last Update: 3/28/2008 5:36:36 PM DOW JONES NEWSWIRES Clear Channel Communications Inc. (CCU) said late Friday that its board has decided to defer its first quarter dividend payment. The decision is in response to a request from Bain Capital and Thomas H. Lee Partners to defer the payment date given [...]

They work fast in Texas!Clear Channel scored a temporary restraining order overnight with the judge saying the banks must not “interfere with or thwart consummation of the Merger Agreement.” (A WSJ.com report, and in turn a first version of this post as well as its headline, earlier said in error the judge compelled the banks [...]

Clear Channel: What's Next?If its planned buyout falls apart, the radio broadcasting giant will find it tough to boost its shrunken stock price. Link - Thu, 27 Mar 2008 05:05:01 GMT - Feed (2 subs) Sent using SendMeRss.com. Visit here to unsubscribe from "2-business" via X2 in Google. Recommended Feeds/Actions Subscribe MSNBC.com: International Terrorism

Unlike theology and philosophy, there are no great truths in business, only petit verities. One of these is that breaking contracts to keep from losing money... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Thomas H. Lee and Bain Capital agreed to buy broadcast company Clear Channel (CCU) for $39.20 a share. As usual, several banks are putting up most of the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Clear Channel's giant Spectacolor digital billboard in Times Square is going interactive thanks to technology from Boston-based Locamoda. The emerging mobile company brings interactivity to digital signage."With LocaModa’s technology integrated into Spectacolor HD, our advertisers now have the ability to not only attract people in Times Square, but also to interact with them via their mobile phones and the Web. This is the start of a revolution in out-of-home advertising, one in which users can choose to engage with brands while brands get Web-like measurability,” said Harry Coghlan, President, Clear Channel Spectacolor.The first LocaModa application on Spectacolor’s Times Square screen is Jumbli, a text messaging word game. Players who submit the highest scoring words from their mob

For the first time ever, Clear Channel's outdoor division surpassed its radio division in total revenue for the quarter.Clear Channel Communications’ revenues rose 4 percent in Q4 2007 over the same quarter in 2006, to $1.84 billion, according to MediaPost. The outdoor division rose 13 percent to $936.7 million, while radio division revenues slipped 3 percent to $874.6 million.For the full year, radio still pulled slightly more in terms of total revenue than outdoor, with $3.49 billion compared to $3.38 billion. Outdoor’s growth, however, was 13 percent for the year, while radio was basically flat. (via MediaBuyerPlanner)Thats right.....this is the first time in Clear Channel's history that its outdoor division earned more than the company's radio assets. This is a strong indicator of

Alas, there ’s a hitch: Radio will not play “Magic.” In fact, sources tell me that Clear Channel has sent an edict to its classic rock stations not to play tracks from “Magic.” But it’s OK to play old Springsteen tracks such as “Dancing in the Dark,” “Born to Run” and “Born in the USA.”read [...]

Alas, there’s a hitch: Radio will not play “Magic.” In fact, sources tell me that Clear Channel has sent an edict to its classic rock stations not to play tracks from “Magic.” But it’s OK to play old Springsteen tracks such as “Dancing in the Dark,” “Born to Run” and “Born in the USA.”read more | digg story

http://home.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&newsId=20071025006470&newsLang=enPlaintiffs allege that Clear Channel monopolized the market for tickets to rock concerts and therefore caused those ticket buyers to pay more for their tickets to Clear Channel's rock concerts. The class action lawsuit has been filed in the following cities: Los Angeles, Chicago, Boston, New York and Denver.

Clear Channel Communications Inc. said Thursday its board of directors has rejected a private equity group's modified buyout offer for the radio and billboard company, and there already are enough...

Clear Channel Communications Inc. agreed to a private equity group's sweetened $19.35 billion bid, an almost 4 percent increase aimed at mollifying shareholders who think the billboard and radio...

Clear Channel is the largest radio broadcasting company in the US, with a conglomerate of radio channels focused on serving local communities all over the country, with more than 110 million listeners each week. Google have inked a multi-year deal with Clear Channel that ensures that Google Audio Ads advertisers will have access to a guaranteed [...]

CNBC's David Faber was just out on CNBC saying that the Mays family "may" be warming up to the idea of Leveraged Buyout for Clear Channel Communications (CCU), something they have shunned in the past. It is worth noting that the company is not as large or diverse as it once was because it has many units out there that have been spun-off and used to be tied to what is now Live Nation. Larry Mays, Mark Mays and Randall Mays are all very influential to the company and to the board of directors but they do actually not control the company, at least not according to David Faber. In theory Faber tossed out a 23% premium at $26 Billion LBO, which would end up being $5 Billion stock and $21 Billion debt he also said that the deal at 9-Times EBITDA in the past would have been high, but now all of a sudden 10-Times EBITDA might actually be entertained, although he did predicate that none of this means a deal is inevitable or imminent. He said it wasn't really possible or tenable before, but i

Brokerage Stifel Nicolaus upgraded Clear Channel, the big radio company, from "hold" to "buy". The market had lost faith in over-the-air broadcasters, so the move was a bit unusual.Clear Channel is also showing up in more institutional portfolios.Perhaps the death of old line radio is being oversold. If so, the future for satellite radio may not be as bright as once was believed. Drivers who listen to the car radio are almost certainly less likely to need the satellite version..After some tough quarters, Clear Channel is beginning to bounce back. In Q2 revenue moved up 7% to $1.85 billion. The company had net income of $198 million. Morningstar shows estimated EPS for Q3 to be flat at $.38, and to rise to $.40 in Q4. In the fourth quarter last year, EPS was $.34.Clear Channel has a market cap of $15 billion and $6 billion in long-term debt. Sirius has a market cap of $5 billion and debt of over $1 billion.The old radio guys were out of it for awhile. At least now it's a horse

WSJournal = Clear Channel has 75,000 Billboards. Outdoor ads fastest growing ad categorise after the Internet. Estimated - 2006 = $6.9 Billion. With a 5% Sales Tax on Ads - the states would get $ 350 MILLION per year, and the ONLY cost would be 5% less BBoard ads.

Radio giant Clear Channel is taking it to the web. Monday and Tuesday of this week saw back-to-back announcements about the company's new Internet-based initiatives, both of which show an emphatic embrace of the online world and its place in the evolution of radio. Let's take the Tuesday announcement first, as ...

Mark Mays, Clear Channel Communications CEO, issued a statement to the company's employees late on the night of June 29 to the effect that that Clear Channel Radio CEO John Hogan will continue on as Clear Channel's top dog for another five-year term. From the Mays Memo: "As we move ...