October 25, 2013 |
Bob Pittman was best known as the co-founder of MTV and chief operating officer of America Online Inc. - and later AOL Time Warner - before becoming Chairman and chief executive of Clear Channel in 2011. Clear Channel, an outdoor advertising giant and the nation's biggest radio company, operates 850 radio stations in the U.S. and the iHeartRadio online music streaming service, and also produces live events such as the iHeartRadio Music Festival. The company officially opened its new iHeartRadio Theater on Tuesday night with a performance by Katy Perry, celebrating the release of her album "Prism.
October 23, 2013 |
Katy Perry debuted her latest album, “Prism,” with an album release party where she performed stripped down versions of new material and sat for an interview with TV personality Mario Lopez. Album release parties are typically a private affair -- reserved for tastemakers, record label suits, press and occasionally superfans -- with the actual music taking a back seat to open bars, gourmet hors d'oeuvres and shoulder rubbing. And while Perry's celebration Tuesday night certainly had some of those trappings, the singer smartly made her party double as the ultimate promo vehicle.
September 20, 2013 |
LAS VEGAS -- "The Super Bowl of music. " That's how Clear Channel Communications executive Tom Poleman described the iHeartRadio Music Festival that his employer is putting on this weekend in Las Vegas. And judging by the number of A-list acts due to perform Friday and Saturday nights at the MGM Grand Garden Arena, he's not overstating it by much. Radio-staple hit makers such as Justin Timberlake, Katy Perry, Bruno Mars, Keith Urban, Drake, Tim McGraw and Maroon 5 are all slated to appear, along with a handful of British rock legends in Paul McCartney, Elton John and Queen (with lead vocals by Adam Lambert)
September 12, 2013 |
Clear Channel Media & Entertainment and Warner Music Group Corp., the world's third-largest record label, have entered a partnership that will let Warner promote music through the radio giant and take in revenue from terrestrial radio. The companies said Thursday that Warner will share in revenue from all of Clear Channel's platforms, including its 850 traditional radio stations and its Internet music service iHeartRadio . Financial details were not disclosed. Traditional AM and FM radio stations currently are not required to pay performance royalties, and record labels, including Warner, and artists are pushing for the U.S. government to establish a performance right that would allow labels and artists to make money from plays of songs on AM and FM stations.
CALIFORNIA | LOCAL
August 17, 2013 |
Los Angeles officials will consider throwing out all bids submitted for a lucrative media contract at LAX because of conflict of interest allegations involving a former airport commission president whose firm is vying for the work. The possibility of canceling the bids and starting over stems from a formal protest by Clear Channel Airports, which brought the accusations against Alan Rothenberg, a prominent investment banker and chairman of Premier Partnerships. Rothenberg's company has joined JC Decaux Airport Inc. and Time Warner in a bid to handle indoor advertising, sponsorships and other media opportunities to promote Los Angeles International Airport, the nation's third-busiest.
June 12, 2013 |
Clear Channel Media & Entertainment has signed an agreement with the veteran band Fleetwood Mac to share performance royalties from songs played on the radio, the company said Wednesday. The agreement to let the performers collect revenue from plays on Clear Channel's broadcast and digital stations is the first to be negotiated directly with an artist, the company said. “Reaching an agreement with them is the clearest sign yet that this kind of revenue-sharing model represents the industry's future," Bob Pittman, Clear Channel's chief executive officer, said in a statement.