First thing that needs to be said is that on 16th of September of the year 2014 Clear Channel Communications, Inc officially announced that they became iHeart Media. It happened because, as they say, because the company got really successful as a multi-platform media with unparalleled types of impact. And, actually, it is one and only media-holding of such a type existing in the whole world. The iHeart Media, is a large mass-media company that has it's main office in San Antonio. It specializes on the radio business through sector iHeart Media (formerly Clear Channel Media and Entertainment) and iHeart Media and Entertainment (formerly Clear Channel Broadcasting, Inc.) and on outdoor advertising through Clear Channel Outdoors Holdings, Inc. As well in 2012 it was announced that iHeart Media will start to pay performance royalties to make records of the music of various artists for broadcasts to play on their radios all over the workd. The iHeart Media is known as a biggest radio stations group owner in America. It owns more than 850 stations all over the country. With that amount of the stations it has over 110 millions of original listeners every week. And, in month, they receive over 240 millions of listeners. So basically iHeart Media has its stations in …show more content…
It owns Eller Media, Universal Outdoor, More Group Plc, and as a result, space for the advertisement in 25 countries. It also controls more than 500 digital billboards in over 30 markets. Speaking about outdoor advertising abroad it has an accord with APN Outdoor Australia, so iHeart Media literally owns 50% of all advertisement space in Australia. As well it is a part-owner of Italian street furniture company called Jolly Pubblicita S.p.A. Also, it owns BBH Exhibits, Dauphin OTA, Donrey Media, Yellow Checker Star Cab Displays, Ackerlay Media. It is an owner of advirtising companies in Switzerland, Poland and a major one in