Profile
According the corporation's SEC 10 K-Form: "Clear Channel Communications, Inc. is a diversified media company with three reportable business segments: radio broadcasting, outdoor advertising and live entertainment. We were incorporated in Texas in 1974. As of December 31, 2000, we owned, programmed, or sold airtime for 1,105 domestic radio stations and two international radio stations and owned a leading national radio network. In addition, at December 31, 2000, we had equity interests in various domestic and international radio broadcasting companies. We were also one of the world's largest outdoor advertising companies based on total advertising display inventory of 149,171 domestic display faces and 549,094 international display faces. In addition, we were one of the world's largest diversified promoters, producers and venue operators for live entertainment events. As of December 31, 2000, we owned or operated 120 live entertainment venues. We also own or program 19 television stations, own a media representation firm, represent professional athletes and have operations in the Internet industry, all of which, along with corporate expense, is within the category "other". The following table presents each segment's percentage of total revenues for the year ended December 31, 2000:
 
 

Financial Data
Annual Income: 5,847,900,000 (2000)
Number of Employees: 36,350 employees 
Ticker Symbol: CCU 
Stock Exchange: New York Stoch Exchange
current stock price, stock chart and current market cap
SEC 10-K
PR version of annual report

This is a corporation of strong financial standing with the looks of gaining more income in the future based on it's progress from 1996-2000.  During these years the company's income  grew almost yearly as you can see below. 

History 

• 1972 Lowry Mays and Red McCombs form San Antonio Broadcasting Company to   acquire KEEZ-FM (now KAJA-FM) in San Antonio, Texas for $125,000 
• 1975 Acquired WOAI-AM. This was the Company's first "Clear Channel" radio station, which means it was designated with its own frequency nationwide. 
• 1986 Initial Public Offering at today's split-adjusted price of approximately $0.43 per share. 
• 1986 Acquired Broad Street Communications Corporation increasing the Company's radio assets to six FM and six AM stations in seven markets.
• 1988 Entered television business with the acquisition of WPMI-TV, Channel 15 in Mobile, Alabama / Pensacola, Florida. 
• 1989 Acquired additional television stations in Tucson, Arizona; Jacksonville, Florida; and Tulsa, Oklahoma. 
• 1989 Created a sports division, Clear Channel Sports, which owns the radio rights to broadcast certain NCAA sports events.
• 1990 A fifth television station was added with the acquisition of KSAS-TV in Wichita, Kansas. 
• 1991 Acquired the 78-station affiliate Kentucky Network, a news, sports and information network servicing radio stations throughout Kentucky. 
• 1992 Federal Communications Commission passes duopoly rules allowing for ownership of two FM and two AM radio stations in a market. 
• 1992 Acquired WPTY-TV, a FOX (now ABC) television affiliate in Memphis, Tennessee.
• 1992 Acquired radio stations in New Haven, Connecticut; Wichita, Kansas; Richmond, Virginia; and Tampa, Florida.
• 1993 Acquired radio stations in San Antonio, Texas; Austin, Texas; Richmond, Virginia; and Oklahoma City, Oklahoma. 
• 1993 Acquired television stations in Memphis, Tennessee; Minneapolis, Minnesota; and Tulsa, Oklahoma.
• 1994 Obtained listing of Clear Channel Communications, Inc. Common Stock 
• 1995 Broadcasting assets totaled 43 radio stations and 16 television stations in 32 markets 
• 1995 The Wall Street Journal named Clear Channel Communications the eighth best performing stock over the previous ten years. 
• 1995Acquired radio stations in Houston, Texas and television stations in Harrisburg, Pennsylvania and Jacksonville, Florida.
• 1995 Acquired a 50% interest in Australian Radio Network Pty Ltd., the second largest radio group in Australia.
• 1996 Telecommunications Act of 1996 passed by Congress. 
• 1996 Acquired 49 radio stations in 20 markets.
• 1996 Acquired a 33.3% interest in the largest radio group in New Zealand.
• 1997 Added to the widely followed S&P 500 Index in recognition of the Company's industry leadership. 
• 1997 Emerged as a leader in the outdoor advertising industry with acquisition of Eller Media Company and announcement of acquisitions of Universal Outdoor and More Group Plc.
• 1997 Continued expansion of radio division adding 70 stations, bringing the total number of stations owned or programmed to 173; most notable was the acquisition of 43 stations from Paxson Communications Corporation.
• 1998 Announced acquisition of Jacor Communications substantially enhancing the Company's radio presence. 
• 1998 Continued expansion of radio division by adding 38 stations, brining the total number of stations owned or programmed to 204.
• 1998 Completed acquisition of the More Group Plc, an outdoor advertising company with presence in 25 countries around the world.
• 1998 Completed acquisition of Universal Outdoor and its integration into the Company's outdoor advertising division.
• 1998 Acquired a 40% interest in Grupo Acir, the largest operator of radio stations in Mexco.
• 1999 The Wall Street Journal ranked Clear Channel as the fifth best-performing stock of the nineties. 
• 1999 Completed the Jacor acquisition bringing the total number of radio stations owned or programmed to 625.
• 1999 Announced acquisition of AMFM, Inc. creating a national radio platform.
• 1999 Acquired Dauphin, a European outdoor advertising company.
• 2000 Completed acquisition of AMFM, Inc. 
• 2000 Acquired SFX Entertainment, Inc., one of the world's largest diversified promoters, producers and presenters of live entertainment events.
• 2000 Acquired outdoor assets of Donrey Media, Taxi Tops and Ackerley Media increasing the to outdoor divisions presence in the United States.
• 2000 Continued expansion in radio and outdoor, bringing the total number of worldwide radio stations owned or programmed to 1,376 and total outdoor advertising displays to approximately 700,000.

Officers

Mark, Randall, and Lowry Mays

Plans:
Clear Channel plans on continuing to reach us everyday while keeping a decentralized and flexible operating structure to allow their managers to be entrepreneurs. Also are planning on releasing a magazine called Show People. 

Shareholder Letter

News
FCC OKs Clear Channel purchase of Ackerley Group 
Clear Channel to Launch New Theatre Magazine, Show People