Clear Channel Communications (
NYSE:
CCU) is a
media conglomerate company based in the
United States. Clear Channel, founded in 1972 by
Lowry Mays and
Red McCombs, wields considerable influence in radio broadcasting, concert promotion and hosting, and fixed advertising in the United States through its subsidiaries. The largest U.S. radio station owner owns over 1,100 full-power
AM,
FM, and
shortwave radio stations, eleven satellite radio channels on
XM Satellite Radio, and more than 30
television stations in the United States, among other media outlets in other countries. The present head of the company is
Mark Mays, and its headquarters is located in
San Antonio, Texas.
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