Clear Channel Communications, Inc. Competition
This company leaves few open channels on the radio dial. Clear Channel Communications is the #1 radio company in the US, with about 860 stations that reach more than 239 million people. Its Premier Radio Networks produces syndicated radio content for more than 5,000 stations. Clear Channel also sells spot advertising for about 4,000 radio stations and 600 TV stations through Katz Media. (Meanwhile, sister company Clear Channel Outdoor Holdings is one of the world's largest outdoor advertising companies with about 840,000 display locations worldwide.) Clear Channel Communications a part of CC Media Holdings, which is in turn owned by Thomas H. Lee Partners and Bain Capital.