iHeartRadio Reaches 10 Million Registered Users in Just Eight Months

iHeartRadio Reaches 10 Million Registered Users in Just Eight Months

Faster Than Facebook, Twitter, Pandora, Spotify and Instagram — Just Eight Months Since Its Launch at the iHeartRadio Music Festival in Las Vegas

More than 45 Million Monthly Digital Uniques Across iHeartRadio Network in April

New York, NY – May 17, 2012 – Clear Channel Media and Entertainment today announced that its popular iHeartRadio digital radio platform has reached 10 million registered users, a milestone reached in only eight months – faster than all other popular entertainment and communication platforms, including Facebook, Twitter, Pandora, Spotify and Instagram. Registered users are only a percentage of iHeartRadio’s overall listeners, since registration is only required for the Custom Station feature.

The iHeartRadio digital platform brings incremental listening to Clear Channel’s 237 million monthly listeners, the largest audience of any media outlet in the U.S. Broadcast stations continue to dominate listenership, accounting for 98 percent of Clear Channel’s overall listening, and iHeartRadio provides yet another platform for Clear Channel listeners to access their favorite radio stations, Custom Stations and non-audio content. The entire iHeartRadio network had more than 45 million monthly digital uniques in April.

iHeartRadio delivers everything listeners want in one free, fully-integrated service: instant access to more than 800 of the nation’s most popular live broadcast and digital-only radio stations from 150 cities, plus user-created Custom Stations inspired by favorite artists and songs. Earlier this month, Clear Channel announced a major update to iHeartRadio for iPad App that included a completely refreshed design with new functionality, including industry-leading Custom Stations and support for the Retina display in addition to a strong social integration with Facebook.

“iHeartRadio has demonstrated incredibly rapid adoption, more than two times faster than other leading entertainment services – it’s mind-blowing. We are thrilled with the consumer reaction and feedback,” said Brian Lakamp, President of Digital for Clear Channel Media and Entertainment. “Clear Channel Media and Entertainment, using the tremendous promotional power of our broadcast radio properties, has been able to drive this adoption like no other company could. iHeartRadio offers a great product supported by unparalleled promotional capabilities.”

“This rapid growth of iHeartRadio underscores Clear Channel’s strong consumer bond and unmatched ability to reach our listeners no matter where they are, with the programming and services they expect,” said John Hogan, Chairman and CEO, Clear Channel Media and Entertainment. “This is a reflection on how consumers are embracing digital as one more way to use our broadcast brands and we plan to continue this growth and further expand our platform, offering our listeners a well-rounded, fully integrated product and our advertising and marketing partners a powerful way to engage their consumers. We take being a multiplatform company seriously.”

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.