Clear Channel Communications, Inc. - CCU- Profile

Clear Channel Communications, Inc.. The Group's principal activities are carried out through three business segments: Radio Broadcasting, International Outdoor Advertising and Americas Outdoor Advertising. The Group's radio broadcasting segment owns, programs and sells airtime generating revenue from the sale of national and local advertising. The radio broadcasting segment also operates radio networks. The Group's Americas and international outdoor advertising segments own or operate advertising display faces domestically and internationally. As of 31-Dec-2006, the Group owned 1,176 domestic radio stations and owned a national radio network. They also own or program 51 television stations, a media representation firm, in the Internet industry. On 01-Jul-2006, the Group acquired Clear Channel Outdoor Holdings, Inc. It operates in the United States, Mexico, the United Kingdom, Netherlands, Switzerland, Australia, Italy, France and other countries. Radio Broadcasting accounted for 51% of 2006 gross revenues; Internatl Outdoor Adv, 22%; Americas Outdoor Adv, 19% and Other, 8%