First Trade Date for Clear Channel Communications, Inc.
| Company Name | First Trade Date (yyyy-mm-dd) |
| Clear Channel Communications, Inc. | 1994-11-04 |
| Company Name | Symbol |
| Clear Channel Communications, Inc. | CCU |
| History and Business of Company (this information may include date of incorporation) | |
|
Clear Channel Communications, Inc. is a diversified media company with three reportable business segments: radio broadcasting, outdoor advertising and live entertainment. We were incorporated in Texas in 1974. As of December 31, 2002, we owned 1,184 domestic radio stations and a leading national radio network. In addition, at December 31, 2002, we had equity interests in various domestic and international radio broadcasting companies. For the year ended December 31, 2002, the radio broadcasting segment represented 44% of our total revenue. At December 31, 2002, we also owned or operated 144,097 domestic outdoor advertising display faces and 571,942 international outdoor advertising display faces. For the year ended December 31, 2002, the outdoor advertising segment represented 22% of our total revenue. In addition, we operate as promoters, producers and venue operators for live entertainment events. As of December 31, 2002, we owned or operated 76 live entertainment venues domestically and 26 live entertainment venues internationally, which excludes 25 domestic venues and three international venues where we either own a non-controlling interest or have booking, promotions or consulting agreements. For the year ended December 31, 2002, the live entertainment segment represented 29% of our total revenue. We also own or program 34 television stations, own a media representation firm and represent professional athletes, all of which are within the category "other". This segment represented 5% of our total revenue for the year ended December 31, 2002. Our principal executive offices are located at 200 East Basse Road, San Antonio, Texas 78209 (telephone: 210-822-2828). | |
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