Clear Channel Media and Entertainment Names Tim Spengler President of Content Marketing and Revenue Strategy

Clear Channel Media and Entertainment Names Tim Spengler President of Content Marketing and Revenue Strategy
 
Former MAGNA GLOBAL CEO, With Rich History Of Innovative Media Solutions, Tapped To Focus On And Build New CCM+E Multiplatform Strategies And Creative Opportunities For Advertising Partners

New York, NY – October 21, 2013 – Clear Channel Media and Entertainment (CCM+E), the leading media company in America with a greater reach than any other radio or television outlet, today announced that it has named respected media executive Tim Spengler to the newly created position of President of Content Marketing and Revenue Strategy. He will be based in New York City and report to CCM+E Chairman and CEO John Hogan.
 
In this new role, Spengler will use CCM+E's array of multiplatform assets to develop new and innovative media and advertising opportunities in unison with CCM+E National Programming Platforms, National Sales, Marketing and Partnership Platform and Local Sales. He will build additional value for CCM+E marketing partners by creatively utilizing all of the company’s media and entertainment assets – delivering enhanced ROI’s with unique solutions.  In addition, Spengler will focus on advertiser and industry trends to drive new ad products and deployment of CCM+E revenue resources.
 
Spengler has been a senior executive for the Interpublic Group (IPG), a leading global advertising holding company, for nearly two decades, most recently as Chief Executive Officer of MAGNA GLOBAL, the strategic media investment and intelligence arm of IPG Mediabrands. In that role, he leveraged relationships with media companies across the world to maximize value for IPG’s clients.
 
Prior to that, Spengler was President, North America, for Initiative, one of IPG’s three worldwide media networks. Under his leadership, Initiative was named U.S. Media Agency of the Year in 2008 by both Advertising Age and Adweek. He has also been recognized as an Advertising Age “Media Maven,” an Adweek “Media All-Star” and TV Week’s Media Executive of the Year.
 
“Tim’s experience and expertise will help us further create and shape Clear Channel’s offering of unmatched media and entertainment assets so that they will be most valuable to advertisers and marketers looking to reach the millions of Americans who listen to our broadcast radio stations and iHeartRadio, watch our TV programming and attend our events every day,” said Hogan. “Working with Tom Poleman, Tim Castelli, Tom Schurr and Matt Martin, he will help us redefine what a true 21st century media and entertainment company looks like and can deliver for its advertising and marketing partners.”
 
“Clear Channel is an extraordinary one-of-a-kind company going through an amazing transformation,” said Spengler.  “I am eager to work with such a world-class team and to add yet another dimension to the unique solutions we can provide our partners. This is marketing at its most creative and innovative best.”

About iHeartMedia, Inc.

iHeartMedia (NASDAQ: IHRT) is the number one audio company in the United States, reaching nine out of 10 Americans every month. It consists of three business groups.

With its quarter of a billion monthly listeners, the iHeartMedia Multiplatform Group has a greater reach than any other media company in the U.S. Its leadership position in audio extends across multiple platforms, including more than 860 live broadcast stations in over 160 markets nationwide; its National Sales organization; and the company’s live and virtual events business. It also includes Premiere Networks, the industry’s largest Networks business, with its Total Traffic and Weather Network (TTWN); and BIN: Black Information Network, the first and only 24/7 national and local all news audio service for the Black community. iHeartMedia also leads the audio industry in analytics, targeting and attribution for its marketing partners with its SmartAudio suite of data targeting and attribution products using data from its massive consumer base.

The iHeartMedia Digital Audio Group includes the company’s fast-growing podcasting business -- iHeartMedia is the number one podcast publisher in downloads, unique listeners, revenue and earnings -- as well as its industry-leading iHeartRadio digital service, available across more than 500 platforms and 2,000 devices; the company’s digital sites, newsletters, digital services and programs; its digital advertising technology companies; and its audio industry-leading social media footprint.

The company’s Audio & Media Services reportable segment includes Katz Media Group, the nation’s largest media representation company, and RCS, the world's leading provider of broadcast and webcast software.

Visit iHeartMedia.com for more company information.