Clear Channel Radio Expands Internet Strategy.SAN ANTONIO San Antonio (săn ăntō`nēō, əntōn`), city (1990 pop. 935,933), seat of Bexar co., S central Tex., at the source of the San Antonio River; inc. 1837. -- Clear Channel (NYSE NYSE See: New York Stock Exchange :CCU CCU abbr. 1. coronary care unit 2. critical care unit CCU critical care unit. CCU Critical care unit, see there ) --Taps AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. Music Head Evan Harrison to Create Complementary Station Experience Featuring Exclusive, Custom Online Content --Initiative will complement streaming broadcasts from nearly 200 local stations Clear Channel Radio today announced it intends to create the most compelling online entertainment experience for those visiting music sites. The initiative will complement existing Internet radio broadcasts from the company's local stations. Leading the effort will be Evan Harrison, formerly vice president and general manager of AOL Music and the AOL Radio Network. "The number of people listening to radio online has grown fivefold fivefold Adjective 1. having five times as many or as much 2. composed of five parts Adverb by five times as many or as much Adj. 1. over the past five years and it's time to step up our programming here," said John Hogan, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Clear Channel Radio. "Evan has played a central role in creating the online music experience and, combined with the power of our music formats including KISS, Power, Lite and Z100, we've got the makings of a differentiated experience that listeners can't get elsewhere." Clear Channel Radio is currently a top-tier online radio broadcaster, with nearly 200 local stations streaming broadcasts from station-specific Web sites. -- Exclusive content via local-station Web sites At the heart of the new initiative is a broad variety of format-specific, custom and interactive programming aimed at what Harrison calls local stations' "devout listenership lis·ten·er·ship n. The people who listen to a radio program or station. and fans on the local level." Among the exclusive content from which listeners may choose: in-studio performances, custom music videos, and artist interviews. "The Internet offers a music experience on fans' terms -- what they want, when they want it -- a natural community extension of the current radio experience," said Harrison. "Unlike any other medium, radio still drives the most passionate reaction from listeners. Clear Channel has established brands that are loved on a local level, and they will be our front door for the online experience." An Internet content innovator, Harrison expanded relationships with hundreds of artists and labels during his tenure at AOL Music and built a vast audience of devoted online music fans via the development of innovating programming initiatives. He led the enhancement of the AOL Radio Network's music, news, sports and talk selections, and served as Executive Director of Music Industry Relations for the group. Prior to joining AOL in July of 2001, he worked for BMG BMG Bundesministerium für Gesundheit (Germand: Federal Ministry for Health) BMG Be My Girl BMG Blue Man Group BMG Bertelsmann Music Group BMG Be My Guest BMG Browning Machine Gun BMG Bulk Metallic Glass Entertainment in distribution and marketing roles, and helped launch its Click2Music.com site. About Clear Channel Radio Clear Channel Radio is a leading radio company focused on serving local communities across the U.S. with more than 110 million listeners choosing Clear Channel Radio programming each week. The company's operations include radio broadcasting, syndication and independent media representation. Clear Channel Radio is a division of Clear Channel Communications Not to be confused with clear channel radio stations, which are AM radio stations with certain technical parameters. Clear Channel Communications (NYSE: CCU) is a media conglomerate company based in the United States. , Inc. (NYSE:CCU), a leading global media and entertainment company. More information on the company can be found at www.clearchannel.com. Certain statements in this release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. |
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