John Hogan Promoted to Chairman and CEO of Clear Channel Media and Entertainment

Award-Winning Radio Veteran Has Overseen Rebranding and Integration of Extensive Assets and Franchises, Like Iconic Brands KIIS FM, Z100, KFI And Others, Across Platforms Including Broadcast Radio, Satellite, HD, Online, and Mobile

Continues to Drive Innovations that are Listener-, Artist-, and Advertiser-Friendly

John Hogan Promoted to Chairman and CEO Of Clear Channel Media and Entertainment (Photo: Business Wire)

NEW YORK--()--CC Media Holdings, Inc. (OTCBB: CCMO), a leading global media, digital and entertainment company, today announced the promotion of John Hogan to Chairman and CEO of Clear Channel Media and Entertainment effective immediately. Mr. Hogan has served as President and CEO of Clear Channel Radio since 2002.

Hogan’s promotion follows the rebranding of Clear Channel Radio as Clear Channel Media and Entertainment, reflecting its continued efforts to deliver the best, most vital and engaging entertainment and content from leading franchises, including the iconic KIIS FM, Z100, KFI and many others, to diverse audiences across a range of platforms – broadcast radio; online via the iHeartRadio digital platform and radio stations’ websites; HD; satellite; and mobile.

Clear Channel Media and Entertainment, with its 238 million monthly listeners in the U.S., has the largest reach of any radio or television outlet in America. With more than 54 million downloads and more than 90 million listening hours in January, its iHeartRadio platform is the number one free broadcast radio app on the iPhone and Android.

Clear Channel Media and Entertainment also includes a number of media services that serve the radio, television, digital, mobile and music industries, including Premiere Networks, which syndicates 90 radio programs and services to more than 5,000 radio station affiliates; Total Traffic Network, a groundbreaking programming and technology service delivering real-time traffic data to vehicles via in-car and portable navigation systems, broadcast media, wireless and Internet-based services; The Katz Media Group, the leading media representation firm in the U.S. for radio and television stations; and RCS, which provides scheduling and broadcast software for radio, Internet and television stations in addition to research studies that aid the media and music businesses.

Hogan’s team recently spearheaded two major integrated marketing campaigns for key media partners: the hugely successful campaign for the debut of Madonna’s newest single, “Give Me All Your Luvin’” and album, MDNA; as part of the campaign, Clear Channel Media and Entertainment used extensive on-air and online promotions to drive listeners and Madonna fans to iTunes, where they could buy the new single and pre-order MDNA, scheduled to be released in March. The campaign helped make MDNA the biggest one-day pre-order in iTunes history. Clear Channel Media and Entertainment also partnered with NBC on unique promotional campaigns for its show The Voice and new series Smash; through content integration, promotional support, strategic media placement and social media integration across its powerful brands and platforms, Clear Channel helped propel The Voice to the No. 1 show of the evening and NBC’s highest-rating regular telecast in nearly five years, while Smash scored this season’s best ratings for any 10 p.m. drama across prime time networks.

The team also led the unprecedented “localized national” effort for American Express’s Small Business Saturday campaign, which had an enormous positive impact on small retailers nationwide; and the iHeartRadio Music Festival in Las Vegas, the biggest live music event in radio history.

“Under John’s strong leadership and vision, Clear Channel Media and Entertainment has integrated the company’s assets so that it is today the leading media and entertainment company in the U.S. with a greater reach than any other radio or television outlet. It provides a one-of-a-kind national platform for partners in addition to the powerful local activation market by market and demo by demo,” said Bob Pittman, CEO of Clear Channel. “He has built a deep creative and management team that is fulfilling the company’s commitment to offering the best entertainment, news, sports, and other experiences everywhere our listeners want us to be—on air, online, on mobile devices, and on a wide variety of emerging devices and platforms. We feel fortunate that Clear Channel Media and Entertainment has a leader like John in the driver’s seat at this transformational moment in its history.”

“I am pleased and honored to be named to this position, which is a clear endorsement of the soundness of our strategy, the value of our assets, and the depth of the incredible team we are building here,” said John Hogan. “I appreciate the energy and vision that Bob Pittman has brought to the organization and look forward to pursuing with Bob the vision we share as we continue to push the boundaries of the definition of entertainment, giving our audience what they want now and in the future.”

History of a Radio Industry Veteran

Named Clear Channel Radio’s President and CEO in August 2002, Hogan has led the company’s expansion beyond its broadcast radio roots into new businesses and new technologies. He has overseen the development of an infrastructure and culture that united Clear Channel’s 850 stations in 150 cities into a single integrated organization, transforming it into America’s only radio company that offers true local presence combined with national reach. With 238 million monthly listeners and 40 million monthly digital users, Clear Channel has a greater reach than any other radio or television outlet in the U.S. Clear Channel Radio was re-branded Clear Channel Media and Entertainment in January 2012.

Clear Channel Media and Entertainment has multiple distribution platforms, including AM/FM stations, HD radio channels, Sirius/XM satellite, iHeartRadio.com, the iHeartRadio mobile application on iPads and smartphones, the company’s individual radio station websites and navigation systems from TomTom, Garmin and others. Hogan also has driven the company’s strategy to support advertising partners, labels, and artists with creative, integrated marketing campaigns that reach target audiences across multiple platforms.

Hogan’s unwavering focus on talent has led directly to Clear Channel’s unmatched lineup of on-air personalities – from Ryan Seacrest to Rush Limbaugh, Steve Harvey and Elvis Duran. He also is responsible for the company’s leadership in programming, including innovative, one-of-a-kind services for Clear Channel’s best-in-the-industry programmers.

Hogan’s vision for the radio industry has been honed and cultivated over more than two decades of hands-on radio broadcasting experience, beginning in 1981 in Atlanta, Georgia, where he started his career as an account executive with Meredith Broadcasting. In 1989, Hogan was promoted to General Manager and became Market Manager of the Atlanta group in 1994. Two years later, he was appointed Senior Vice President for Radio at Jacor Communications, where he was instrumental in significantly expanding its radio holdings. In 1999, Clear Channel Communications acquired Jacor and expanded Hogan’s responsibilities to include urban hubs, such as Los Angeles, New York, Houston, and Dallas. After just two years with Clear Channel, Hogan was named Chief Operating Officer, becoming Chief Executive Officer the following year (2002).

As a pioneering leader in the radio industry, Hogan’s many accolades include recognition by Billboard in its 2012 “Power 100 List” and by Radio Ink as No. 1 in its “40 Most Powerful People in Radio” in 2009 and 2010 and No. 2 in 2011 (after Clear Channel CEO Bob Pittman).

Hogan has served on the boards of the National Association of Broadcasters (NAB), the Advertising Council, American Women In Radio and Television (AWRT), and the Emma L. Bowen Foundation for Minority Interest in Media. Hogan graduated from Lake Forest College in 1979.

About CC Media Holdings, Inc.

CC Media Holdings, Inc. (OTCBB: CCMO) is one of the leading global media and entertainment companies specializing in radio, digital, out of home, mobile and on-demand entertainment and information services for local communities and providing premier opportunities for advertisers.

With 238 million monthly listeners in the U.S., Clear Channel Media and Entertainment has the largest reach of any radio or television outlet in America. Clear Channel Media and Entertainment serves 150 cities through 850 owned radio stations. It also includes Clear Channel Digital, which develops and operates iHeartRadio, the free, industry-leading digital radio product that combines access to all of the company’s live broadcast and digital-only radio stations with user-created Custom Stations, and develops the companion digital products for each radio station brand; Premiere Networks, which syndicates 90 radio programs and services to more than 5,000 radio station affiliates; Total Traffic Network, a ground-breaking programming and technology service delivering real-time traffic data directly to vehicles and radio stations, in more than 100 metropolitan markets in four countries, including the United States, Canada, Mexico, and New Zealand; and Katz Media Group, which is the largest media representation firm in the U.S. representing more than 2,600 radio stations and 400 television stations.

Clear Channel Outdoor Holdings, Inc.

Clear Channel Outdoor Holdings, Inc. is a global leader in the outdoor advertising industry providing clients with advertising opportunities through billboards, street furniture displays, transit displays, and other out-of-home advertising displays. It is one of the world’s largest outdoor advertising companies, reaching over 141 million adults each month in the United States and an additional 374 million internationally, with close to one million displays in over 40 countries across five continents, including 49 of the 50 largest markets in the United States. Clear Channel Outdoor Holdings, Inc. offers many types of displays across its global platform to meet the advertising needs of its customers. This includes a growing digital platform that now offers over 750 digital displays across 37 U.S. markets. Clear Channel International operates in 30 countries across Asia, Australia and Europe in a wide variety of formats and operates over 3,500 municipal advertising contracts worldwide.

For more information please visit www.ccmediaholdings.com , www.clearchanneloutdoor.com or www.clearchannel.com.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50180546&lang=en

Contacts

Clear Channel
Wendy Goldberg, 212-549-0965
WendyGoldberg@clearchannel.com
or
Angel Aristone, 212-377-7802
AngelAristone@clearchannel.com

Release Summary

CC Media Holdings, Inc. announced the promotion of John Hogan to Chairman and CEO of Clear Channel Media and Entertainment.

Contacts

Clear Channel
Wendy Goldberg, 212-549-0965
WendyGoldberg@clearchannel.com
or
Angel Aristone, 212-377-7802
AngelAristone@clearchannel.com