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IHeartMedia
iHeartMedia, Inc., formerly CC Media Holdings, Inc., is an American mass media corporation headquartered in San Antonio, Texas. It is the holding company of iHeartCommunications, Inc. (formerly Clear Channel Communications, Inc.), a company founded by Lowry Mays and B. J. "Red" McCombs in 1972, and later taken private by Bain Capital and Thomas H. Lee Partners through a leveraged buyout in 2008. As a result of this buyout, Clear Channel Communications, Inc., began to operate as a wholly owned subsidiary of CC Media Holdings, Inc. On September 16, 2014, CC Media Holdings, Inc. was rebranded iHeartMedia, Inc., and Clear Channel Communications, Inc., became iHeartCommunications, Inc. Overview iHeartMedia, Inc. specializes in radio broadcasting, podcasting, digital and live events through division iHeartMedia (sans "Inc." suffix; formerly Clear Channel Media and Entertainment, Clear Channel Radio, et al.) and subsidiary iHeartMedia and Entertainment, Inc. (formerly Clear Channel ...
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IHeartRadio
iHeartRadio (often shortened to just "iHeart") is an American freemium broadcast, podcast and radio streaming Computing platform, platform owned by iHeartMedia. It was founded in August 2008. , iHeartRadio was functioning as the national umbrella brand for iHeartMedia's radio network, the largest radio broadcaster in the United States. Its main competitors are Audacy, TuneIn and Sirius XM. History iHeartRadio is owned by iHeartMedia, which was rebranded from Clear Channel in 2014. Prior to 2008, Clear Channel Communications' various audio products were decentralized. Individual stations streamed from their own sites (or, in many cases, did not owing to voluminous broadcast syndication, syndication and local advertising clearance issues), and the Format Lab website provided feeds of between 40 and 80 networks that were used primarily on Clear Channel's HD Radio subchannels, many of which transitioned to iHeartRadio unchanged. In August 2008, Clear Channel launched the iHeartMu ...
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Clear Channel Outdoor
Clear Channel Outdoor Americas (CCOA) is an out-of-home (OOH) advertising company based in New York City with operations throughout the U.S. and the Caribbean. CCOA is one of two separate business units operating as part of Clear Channel Outdoor Holdings, Inc. (CCOH). The other business unit, Clear Channel International (CCI), includes, Europe, Singapore and Latin America. Globally, both CCOA and CCI employ 5,800 people. Following a separation from its former parent company, iHeartMedia, Inc., in May 2019, CCOH, Inc., has operated as an independent, publicly traded company on the New York Stock Exchange (NYSE: CCO). In the U.S., Clear Channel Outdoor Americas offers outdoor advertising in 43 of the top 50 markets and maintains an office and operations presence employing over 1,500 people. Across its roadside and street level market footprint, CCOA offers tens of thousands of printed billboards in a variety of formats. History Founding and predecessor companies Clear Channe ...
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Robert Pittman (media Executive)
Robert Warren Pittman (born December 28, 1953) is an American businessman. Pittman was the CEO of MTV Networks and the cofounder and programmer who led the team that created MTV, and is the cofounder of iHeartMedia and Casa Dragones Tequila. Pittman joined iHeartMedia's predecessor company Clear Channel in November 2010 as an investor and the company's Chairman of Media and Entertainment Platforms, was named CEO in 2011 and chairman in 2013. Pittman led Clear Channel's transformation into iHeartMedia, Inc. in September 2014 to reflect its new multiplatform business and expanded mission. Pittman has also been the former chairman and CEO of Clear Channel Outdoor, CEO of AOL Networks, Six Flags Theme Parks, Quantum Media, Century 21 Real Estate and Time Warner Enterprises, and COO of America Online, Inc. and AOL Time Warner. Pittman has also been a radio and TV programmer, marketer, investor and media entrepreneur who has had multiple careers in a number of consumer-focused indu ...
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WOAI (AM)
WOAI (1200 kHz) is a commercial AM radio station in San Antonio, Texas, which airs a news/talk format. It is owned and operated by locally based iHeartMedia, Inc., and is that company's flagship station. Studios are located in the Stone Oak neighborhood in Far North San Antonio. Its non-directional antenna transmitter site is off Santa Clara Road in Zuehl, Texas. WOAI promotion refers to the station as the "50,000 Watt Blowtorch" of South Texas. It is a Class A clear-channel station, broadcasting fulltime at the U.S. maximum power of 50,000 watts. In the daytime, WOAI covers most of Central and South Texas, providing at least secondary coverage as far north as the Waco suburbs and as far south as Corpus Christi. With a good radio, WOAI's nighttime signal reaches much of the United States and Mexico, and parts of central Canada. However, it is strongest in the central United States. WOAI audio streaming is also available through iHeartRadio. Programming WOAI airs a mix ...
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Port Arthur, Texas
Port Arthur is a city in Jefferson County within the Beaumont–Port Arthur metropolitan area of the U.S. state of Texas. A small, uninhabited portion extends into Orange County; it is east of Houston. The largest oil refinery in the United States, the Motiva Refinery, is located in Port Arthur. The population of Port Arthur was 53,818 at the 2010 census, down from 57,755 at the 2000 census. By 2020, its population rebounded to 56,039. Early attempts at settlements in the area had all failed. However, in 1895, Arthur Stilwell founded Port Arthur, and the town quickly grew. Port Arthur was incorporated as a city in 1898 and soon developed into a seaport. It eventually became the center of a large oil refinery network. The Rainbow Bridge across the Neches River connects Port Arthur to Bridge City. Port Arthur is vulnerable to hurricanes and extensive damage to the city has been caused several times. History Aurora was an early settlement attempt near the mouth of Taylor Bayo ...
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San Antonio
("Cradle of Freedom") , image_map = , mapsize = 220px , map_caption = Interactive map of San Antonio , subdivision_type = Country , subdivision_name = United States , subdivision_type1= U.S. state, State , subdivision_name1 = Texas , subdivision_type2 = County (United States), Counties , subdivision_name2 = Bexar County, Texas, Bexar, Comal County, Texas, Comal, Medina County, Texas, Medina , established_title = Foundation , established_date = May 1, 1718 , established_title1 = Incorporated , established_date1 = June 5, 1837 , named_for = Saint Anthony of Padua , government_type = Council-manager government, Council-Manager , governing_body = San Antonio City Council , leader_title = Mayor of San Antonio, Mayor , leader_name = Ron Nirenberg (Independent politician, I) , leader_title2 = City Manager , leader_name2 = Erik Walsh , leader_title3 = San Antonio City Council, City Council , leader_name3 = , unit_pref = Imperial , area_total_sq_m ...
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Bain Capital
Bain Capital is an American private investment firm based in Boston. It specializes in private equity, venture capital, credit, public equity, impact investing, life sciences, and real estate. Bain Capital invests across a range of industry sectors and geographic regions. As of 2022, the firm managed approximately $160 billion of investor capital. The firm was founded in 1984 by partners from the consulting firm Bain & Company. The company is headquartered at 200 Clarendon Street in Boston with 22 offices in North America, Europe, Asia, and Australia. Since its establishment it has invested in or acquired hundreds of companies, including AMC Theatres, Artisan Entertainment, Aspen Education Group, Apex Tool Group, Brookstone, Burger King, Burlington Coat Factory, Canada Goose, DIC Entertainment, Domino's Pizza, DoubleClick, Dunkin' Donuts, D&M Holdings, Guitar Center, Hospital Corporation of America (HCA), iHeartMedia, ITP Aero, KB Toys, Sealy, Sports Authority, Staples, T ...
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KMOD-FM
KMOD-FM (97.5 MHz) is a mainstream rock radio station in Tulsa, Oklahoma, owned by iHeartMedia, Inc. The station plays a wide variety of rock music from the 1960s through today. Its studios are located at the Tulsa Event Center in Southeast Tulsa and its transmitter site is on the Osage Reservation. KMOD-FM broadcasts in the HD digital format. History KOCW signed on September 30, 1959. It was owned by Grayhill, Inc.; in 1960, Claude Hill bought out partner Meridith Gray. KOCW was sold to Dawson Communications/Turnpike Broadcasting Corporation in 1968 and became KMOD on April 15 of that year. Clear Channel acquired the station in 1973 out of bankruptcy. The station is best known as the nearly 30-year home of disc jockeys Brent Douglas and Phil Stone, who originated the character Roy D. Mercer, the notorious and popular prank caller who regularly threatened to "open a can of whup-ass" on the person he called (for some fabricated wrong the person supposedly had done), only for ...
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KAKC
KAKC (1300 AM) is a conservative talk radio station in Tulsa, Oklahoma. The station is owned by iHeartMedia, Inc. Its studios are located at the Tulsa Event Center in Southeast Tulsa and its transmitter site is near Broken Arrow. History The original KAKC calls were on 970 in Tulsa from the 1950s through 1980 during which time the station was owned by S. Carl Mark. It was the top rated station in Tulsa during many of those years despite having less transmitter power than its competitors. In 1985, KBBJ 1300 picked up the KAKC call letters and flipped from a MOR/Standards format to a satellite-based Oldies format. 1300 over the years has been a country music, R&B-disco, album rock, adult contemporary, news-talk, Spanish music, sports, and business news station. The station has had little success in the Tulsa radio market due to a limited night signal or little if any promotion by Clear Channel over the decades. Former call letters for 1300 AM include KOME, KCNW, KXXO, and KMOD. ...
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KDEI
KDEI "Radio Maria" is an AM broadcasting station airing Catholic programming at 1250 kHz in Port Arthur, Texas. It is a repeater station of KJMJ 580 kHz in Alexandria, Louisiana. History In Brownsville KDEI's history begins not in Port Arthur but in Brownsville, on the Mexican border, where KWWG was authorized on 1080 kHz in 1925. The next year, it moved to 1260 kHz in a time-share with KRGV, which broadcast from Weslaco. The station was owned by the Chamber of Commerce and the City of Brownsville and by the ''Brownsville Herald'' newspaper after 1930. Violent storms hit south Texas in August 1933, leaving KWWG out of commission. When the station applied for renewal of its license, it also sought to be sold to Port Arthur College, which planned to move the station to Port Arthur. The Federal Radio Commission approved the move, which also allowed KRGV to go full time in Weslaco. Two petitioners, involved in the operation of KFDM radio in Beaumont, sought to d ...
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Clear-channel Station
A clear-channel station is an AM broadcasting, AM radio station in North America that has the highest protection from Interference (communication), interference from other stations, particularly concerning night-time skywave propagation. The system exists to ensure the viability of cross-country or cross-continent radio service enforced through a series of treaties and statutory laws. Known as Class A stations since 1982, they are occasionally still referred to by their former classifications of Class I-A (the highest classification), Class I-B (the next highest class), or Class I-N (for stations in Alaska too far away to cause interference to the primary clear-channel stations in the lower 48 states). The term "clear-channel" is used most often in the context of North America and the Caribbean, where the concept originated. Since 1941, these stations have been required to maintain an effective radiated power of at least 10,000 watts to retain their status. Nearly all such station ...
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Holding Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to Lawsuit, litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits s ...
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