Clear Channel Media + Entertainment And Elvis Duran Announce A New Long-Term Contract

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Clear Channel Media + Entertainment And Elvis Duran Announce A New Long-Term Contract

Top-Rated Radio Host Enters Five-Year Contract
 
NEW YORK – July 31, 2012 – Clear Channel Media and Entertainment, the leading media company in America with a greater reach in the U.S. than any other radio or television outlet, today announced an agreement with nationally syndicated radio personality Elvis Duran to renew and extend his relationship with the company, continuing as the star of the wildly successful “Elvis Duran and the Morning Show” on New York’s Z100 and more than 40 other radio stations across the country.

Under a new long-term agreement, Duran will continue his current role as host of the most-listened-to Top 40 morning show in the U.S., which is syndicated nationally by Premiere Networks, and expand his role with Clear Channel Media and Entertainment.  Duran will work with Clear Channel on a variety of future endeavors including talent and programming development, events as well as serving as a spokesperson for the company.

“We are thrilled to extend and expand our partnership with Elvis.  He is a true creative genius with an unparalleled ability to connect with and entertain listeners across the country,” said John Hogan, Chairman and CEO of Channel Media and Entertainment.  “His intelligence, warmth, enthusiasm and wit really resonate with listeners and works incredibly well with our marketing partners.  He is a remarkable talent and an incredible partner for Clear Channel. ”

"It’s exciting to be part of the new vision at Clear Channel Media and Entertainment,” said Duran.  “Fueled by the energy, focus and confidence of Bob Pittman, John Hogan and the CCM+E team in NYC and around the country, Clear Channel is making great strides in this industry.  After 23 years at Z100, the best is yet to come."

Duran’s radio career has spanned 30 years.  In 1996, he began hosting the “Elvis Duran and the Morning Show” on New York’s Z100 where its overwhelming success with listeners paved the way for a national syndication deal in 2009.  Today, the show is being broadcasted across more than 40 radio stations, XM Satellite Radio, iHeartRadio.com and its mobile app.

The radio industry has honored Duran and his program with several awards and nominations including “Best Morning Show” by New York’s Achievement in Radio Awards, “Personality of the Year” by the Radio Music Awards, “Best Personality” by Radio & Records, “Best Top 40 Disc Jockey” nomination by Billboard Magazine Radio and “Best Major Market Top 40 Air Personality” by Billboard/Airplay Monitor.  The National Association of Broadcasters recently nominated Elvis Duran for the 2012 NAB Marconi Award for “Network/Syndicated Personality of the Year.”

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.