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Clear Channel Outdoor Holdings, Inc. Provides Update on Form 10-K Filing

San Antonio, TX, April 3, 2018 – Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the “Company”) announced today that the Company will be delayed in filing its Annual Report on Form 10-K for the fiscal year ended December 31, 2017 (the “Form 10-K”) beyond the extended deadline of April 2, 2018. As previously disclosed, the Company’s delay in filing the Form 10-K is due to the ongoing special investigation regarding the misappropriation of funds by employees of Clear Media Limited, an indirect, non-wholly-owned subsidiary of the Company whose ordinary shares are listed but suspended from trading on the Hong Kong Stock Exchange, and other matters discovered during the course of the special investigation. In light of the ongoing procedures being undertaken in connection with the special investigation, the Company was unable to file the Form 10-K by April 2, 2018. The Company will file the Form 10-K as soon as practicable.

As a result, the Company has received a notice from the New York Stock Exchange (the “NYSE”) that the Company is not in compliance with the NYSE’s continued listing requirements under the timely filing criteria. The NYSE informed the Company that, under the NYSE’s rules, the Company will have six months from April 3, 2018 to file the Form 10-K with the SEC. The Company can regain compliance with the NYSE listing standards before that date by filing the Form 10-K with the SEC.

Clear Channel Airports Awarded 5-Year Renewal with Long Beach Airport for Innovative Media Makeover

Explosive Traveler Growth and State-of-the Art Media Program Will Help Brands Engage with 3.8 Million Passengers Annually

Long Beach, CA  – – Clear Channel Airports (CCA), a brand division of Clear Channel Outdoor Americas (CCOA) (NYSE: CCO), and a subsidiary of iHeartMedia Inc., today announced it was awarded a five-year contract expansion with city-owned Long Beach Airport (LGB). The new agreement and media upgrades begin May 1, 2018.

Clear Channel Airports has partnered with LGB since 2005, which hosts five major airlines and offers nonstop service to 16 destinations including the most recently announced destination, Honolulu, which will be serviced by Hawaiian Airlines starting June 1. In addition to its historic 1941 Streamline Moderne terminal, the airport also opened an award-winning passenger concourse in 2012. Conde Nast Traveler voted LGB the third best airport in the U.S. in 2017, the fourth consecutive year the airport has made the prestigious list.

 

This rapidly growing airport experienced a 33 percent year-over-year passenger traffic growth in 2017, and thus creates a strong advertising venue for companies targeting high-end business and leisure travelers. It’s also in proximity to the world-famous Disneyland that attracts over 17 million guests annually. Approximately 3.8 million travelers are expected to pass through the airport in 2018.

 

“Long Beach takes pride in the fact that our beautiful waterfront city attracts approximately 6 million visitors each year,” said Jess Romo, Long Beach Airport Director. “LGB is the premiere gateway to this region, and we are optimistic that the airport’s partnership with Clear Channel Airports will continue to be successful.”

 

California’s seventh largest city and the second largest city in the Los Angeles metropolitan area, Long Beach boasts many tourist attractions, including the Queen Mary and the Aquarium of the Pacific. Prominent industries beyond tourism, include aerospace, manufacturing, education, healthcare, electricity services, internet/cable and transportation.

 

“It’s common knowledge Long Beach Airport is an excellent travel alternative for Angelenos,” said Morten Gotterup, President, Clear Channel Airports. “Not only does it offer a serene oasis, it’s stunning, modern amenities draw a highly-educated, affluent frequent flyer passenger base, making Long Beach Airport an attractive advertising venue for national and regional brands. We look forward to helping Long Beach Airport evolve their business along with their growing traveler base.”

 

Clear Channel Airports representatives will be at the Long Beach Airport February 12-16 to share renderings of the new advertising program, as well as offer on-site demonstrations. For an appointment, please contact Dan Devine, Project Sales Manager at 610-944-2130 or danieldevine@clearchannel.com.

 

About Clear Channel Airports
Dedicated to airport advertising for more than 40 years, Clear Channel Airports is the premier innovator of contemporary display concepts. The Company, a brand division of Clear Channel Outdoor Americas (NYSE:CCO), one of the world’s largest outdoor advertising companies, currently operates more than 280 airport programs across the globe and has a presence in 32 of the top 50 U.S. markets with major airports. More information can be found on Clear Channel Airports and Clear Channel Outdoor by visiting www.clearchannelairports.com and www.clearchanneloutdoor.com
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For more information, please contact:
Wendy Weatherford
212.812.0081

wendyweatherford@clearchannel.com

 

Clear Channel Outdoor Appoints Dan Ballard Branch President of Minneapolis Division

New York, NY Clear Channel Outdoor (CCO) (NYSE: CCO), a subsidiary of iHeartMedia Inc., today announced the appointment of Dan Ballard to Branch President of its Minneapolis division. Ballard will report to Paul Corvino, Midwest Regional President of Clear Channel Outdoor. In his new role, Ballard will provide leadership in all areas of business operations including sales, real estate, public affairs, operations and finance for the Minneapolis market.Most recently Ballard served as Corporate Vice President of Revenue Management for the company.

As Branch President of Minneapolis, Ballard will be responsible for growing revenue opportunities and expanding distribution through strategic deployment of Out-of-Home (OOH) assets for the market’s 1,500 printed billboards and 53 digital signs. He will also focus on building relationships with clients, lessors, communities and various state and local officials and ensure the Minneapolis branch’s safety measures, employee productivity, morale, training and development.

“We are very pleased to appoint Dan as the Branch President for the Minneapolis division,” said Paul Corvino. “Dan’s financial background and track record of delivering strong performances in our business make him ideal for this expanded role. His analytical skills and ability to cultivate strong relationships both within our Company and with our clients provide a strong foundation for him to grow one of our most strategic markets in the country. We are excited to see what’s in store for the Minneapolis market under Dan’s helm.”

Clear Channel Outdoor is the premier out-of-home media provider in the Twin Cities, offering brands 53 strategically placed roadside digital billboards across the region including recently built digital signage on airport property at Minneapolis St. Paul International Airport (MSP). In 2016, Clear Channel Airports signed a 10-year partnership with the Metropolitan Airports Commission (MAC) for the advertising concession at the MSP.

“Clear Channel Outdoor already has a strong presence in Minneapolis and I’m eager to work with our talented team to further ensconce ourselves as part of the community and help our clients engage with, and win, new customers, said Ballard. Our ability to integrate dynamic digital content on our media—especially in places like Mayo Clinic Squareas well as providing attribution studies to illustrate what happens after someone sees an ad on our billboards, makes this an exciting time to help brands build their business.

Prior to his new position, as the Corporate Vice President of Revenue Management for six years, Ballard delivered sophisticated pricing and inventory packaging tools to the company’s entire salesforce helping to drive sale performance and inventory yield. He joined Clear Channel Outdoor in 2009 as a Business Analytics Director. Earlier in his career, Ballard held various corporate positions with P&G, Colgate Palmolive, Swift Transportation, and Honeywell Aerospace. 

He holds an MBA from Kansas State University and a B.S. in accounting from the University of Arizona. Ballard will be relocating to Minneapolis with his family.  

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About Clear Channel Outdoor Holdings, Inc.

Clear Channel Outdoor Holdings, Inc., (NYSE: CCO) is one of the world’s largest outdoor advertising companies, with more than 650,000 displays in over 35 countries across five continents, including 43 of the 50 largest markets in the United States. Clear Channel Outdoor Holdings offers many types of displays across its global platform to meet the advertising needs of its customers. This includes a growing digital platform that now offers over 1,200 digital billboards across 28 U.S. markets. Clear Channel Outdoor Holdings’ International segment operates in 22 countries across Asia and Europe in a wide variety of formats.  More information is available at  www.clearchanneloutdoor.com

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Local Press Contact:

Tammy Hartman VP, Public Affairs, CCO-Minneapolis

tammyhartman@clearchannel.com

612.360.7960

iHeartCommunications, Inc. Announces Extension Of Private Term Loan Offers

San Antonio, TX, January 18, 2018. iHeartCommunications, Inc. (“iHeartCommunications”) today announced that it is extending the deadline for participation in the private offers (the “Term Loan Offers”) to lenders under its Term Loan D and Term Loan E facilities (“Existing Term Loans”) to amend the Existing Term Loans. The Term Loan Offers have been extended to 5:00 p.m., New York City time, on February 16, 2018. iHeartCommunications is extending the Term Loan Offers to continue discussions with lenders regarding the terms of the Term Loan Offers.

The terms of the Term Loan Offers have not been amended and remain the same as set forth in the Confidential Information Memorandum, dated March 15, 2017, as supplemented by Supplements No. 1 through No. 5 (as so supplemented, the “Confidential Information Memorandum”).

The Term Loan Offers, which are only available to holders of Existing Term Loans, are being made pursuant to the Confidential Information Memorandum, and are exempt from registration under the Securities Act of 1933 (the “Securities Act”). The new securities (the “New Securities”) of iHeartMedia, Inc., CC Outdoor Holdings, Inc., Broader Media, LLC and/or iHeartCommunications being offered in the Term Loan Offers are offered only in reliance on exemptions from registration under the Securities Act. The New Securities have not been registered under the Securities Act, or the securities laws of any state or other jurisdiction, and may not be offered or sold in the United States without registration or an applicable exemption from the Securities Act and applicable state securities or blue sky laws and foreign securities laws.

Documents relating to the Term Loan Offers will only be distributed to holders of Existing Term Loans that complete and return a letter of eligibility. Holders of Existing Term Loans that desire a copy of the letter of eligibility must contact Global Bondholder Services Corporation, the tabulation agent and information agent for the Offers, by calling toll-free (866) 470-3700 or at (212) 430-3774 (banks and brokerage firms) or visit the following website to complete and deliver the letter of eligibility in electronic form: http://gbsc-usa.com/eligibility/ihc-termloanoffers.

This press release is for informational purposes only and shall not constitute an offer to sell or exchange nor the solicitation of an offer to buy the New Securities or any other securities. The Term Loan Offers are not being made to any person in any jurisdiction in which the offer, solicitation or sale is unlawful. Any offers of the New Securities are being made only by means of the Confidential Information Memorandum.

About iHeartMedia, Inc./iHeartCommunications, Inc.

iHeartMedia, Inc. (PINK: IHRT), the parent company of iHeartCommunications, Inc., is one of the leading global media and entertainment companies. The company specializes in radio, digital, outdoor, mobile, social, live events, on-demand entertainment and information services for local communities, and uses its unparalleled national reach to target both nationally and locally on behalf of its advertising partners. The company is dedicated to using the latest technology solutions to transform the company’s products and services for the benefit of its consumers, communities, partners and advertisers, and its outdoor business reaches over 31 countries across five continents, connecting people to brands using innovative new technology.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements based on current iHeartCommunications management expectations. These forward-looking statements include all statements other than those made solely with respect to historical facts. Numerous risks, uncertainties and other factors may cause actual results to differ materially from those expressed in any forward-looking statements. These risks, uncertainties and other factors include, but are not limited to, whether or not iHeartCommunications will consummate the Term Loan Offers, and if it does, the timing of the Term Loan Offers. Many of the factors that will determine the outcome of the subject matter of this press release are beyond iHeartCommunications’ ability to control or predict. iHeartCommunications undertakes no obligation to revise or update any forward-looking statements, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.

For further information, please contact:

Media
Wendy Goldberg, 212-377-1105
Executive Vice President – Communications

Investors
Eileen McLaughlin, 212-377-1116 Vice President – Investor Relations

iHeartCommunications, Inc. Announces Extension Of Private Offers To Holders Of Its Five Series Of Priority Guarantee Notes And Its Senior Notes Due 2021 To Exchange Such Notes For New Securities

iHeartCommunications, Inc. Announces Extension Of Private Offers To Holders Of Its Five Series Of Priority Guarantee Notes And Its Senior Notes Due 2021 To Exchange Such Notes For New Securities

San Antonio, TX, January 18, 2018. iHeartCommunications, Inc. (“iHeartCommunications”) today announced that it is extending the private offers (the “Exchange Offers”) to holders of certain series of iHeartCommunications’ outstanding debt securities (the “Existing Notes”) to exchange the Existing Notes for new securities (the “New Securities”) of iHeartMedia, Inc., CC Outdoor Holdings, Inc. and iHeartCommunications, and the related solicitation of consents (the “Consent Solicitations”) from holders of Existing Notes to certain amendments to the indentures and security documents governing the Existing Notes.

The Exchange Offers and Consent Solicitations were previously scheduled to expire on January 19, 2018, at 5:00 p.m., New York City time, and will now expire on February 16, 2018, at 5:00 p.m., New York City time. The deadline to withdraw tendered Existing Notes in the Exchange Offers and revoke consents in the Consent Solicitations has also been extended to 5:00 p.m., New York City time, on February 16, 2018. iHeartCommunications is extending the Exchange Offers and Consent Solicitations to continue discussions with holders of Existing Notes regarding the terms of the Exchange Offers and to continue discussions with lenders under its Term Loan D and Term Loan E facilities in connection with the concurrent private offers made to such lenders, which iHeartCommunications announced today will now expire at 5:00 p.m., New York City time, on February 16, 2018.

As of 5:00 p.m., New York City time, on January 17, 2018, an aggregate amount of approximately $36.7 million of Existing Notes, representing approximately 0.4% of outstanding Existing Notes, had been tendered into the Exchange Offers.

The terms of the Exchange Offers and Consent Solicitations have not been amended and remain the same as set forth in the Amended and Restated Offering Circular and Consent Solicitation Statement, dated April 14, 2017, as supplemented by Supplement No. 1 (the “Offering Circular”).

The Exchange Offers and Consent Solicitations, which are only available to holders of Existing Notes, are being made pursuant to the Offering Circular, and are exempt from registration under the Securities Act of 1933 (the “Securities Act”). The New Securities, including the new debt of iHeartCommunications and related guarantees, will be offered only in reliance on exemptions from registration under the Securities Act. The New Securities have not been registered under the Securities Act, or the securities laws of any state or other jurisdiction, and may not be offered or sold in the United States without registration or an applicable exemption from the Securities Act and applicable state securities or blue sky laws and foreign securities laws.

Documents relating to the Exchange Offers and Consent Solicitations will only be distributed to holders of the Existing Notes that complete and return a letter of eligibility. Holders of Existing Notes that desire a copy of the letter of eligibility must contact Global Bondholder Services Corporation, the exchange agent and information agent for the Exchange Offers and Consent Solicitations, by calling toll-free (866) 470-3700 or at (212) 430-3774 (banks and brokerage firms) or visit the following website to complete and deliver the letter of eligibility in electronic form: http://gbsc-usa.com/eligibility/ihc- bondoffers.

This press release is for informational purposes only and shall not constitute an offer to sell or exchange nor the solicitation of an offer to buy the New Securities or any other securities. The Exchange Offers and Consent Solicitations are not being made to any person in any jurisdiction in which the offer, solicitation or sale is unlawful. Any offers of the New Securities will be made only by means of the Offering Circular.

About iHeartMedia, Inc./iHeartCommunications, Inc.

iHeartMedia, Inc. (PINK: IHRT), the parent company of iHeartCommunications, Inc., is one of the leading global media and entertainment companies. The company specializes in radio, digital, outdoor, mobile, social, live events, on-demand entertainment and information services for local communities, and uses its unparalleled national reach to target both nationally and locally on behalf of its advertising partners. The company is dedicated to using the latest technology solutions to transform the company’s products and services for the benefit of its consumers, communities, partners and advertisers, and its outdoor business reaches over 31 countries across five continents, connecting people to brands using innovative new technology.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements based on current iHeartCommunications management expectations. These forward-looking statements include all statements other than those made solely with respect to historical facts. Numerous risks, uncertainties and other factors may cause actual results to differ materially from those expressed in any forward-looking statements. These risks, uncertainties and other factors include, but are not limited to, whether or not iHeartCommunications will consummate the Exchange Offers and Consent Solicitations, and if it does, the timing of the Exchange Offers and Consent Solicitations. Many of the factors that will determine the outcome of the subject matter of this press release are beyond iHeartCommunications’ ability to control or predict. iHeartCommunications undertakes no obligation to revise or update any forward-looking statements, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.

For further information, please contact:

Media
Wendy Goldberg, 212-377-1105
Executive Vice President – Communications

Investors
Eileen McLaughlin, 212-377-1116 Vice President – Investor Relations

Clear Channel Outdoor Launches its First Street-Level Digital Ad Network in San Francisco Capable of Reaching Audiences Using Mobile Insights from Pedestrian and Vehicular Traffic

New Outdoor Smart Screens will help Brands Reach Consumers in Highly Sought-After Urban Areas

San Francisco, CAClear Channel Outdoor (CCO) (NYSE: CCO), a subsidiary of iHeartMedia Inc., today announced the launch of two new digital media networks, totaling 100 dynamic IP addressable HD screens in the highly-sought after urban metro area of San Francisco, Calif. CCO will fuse the new “Digital Urban Panel” networks into its Clear Channel Outdoor RADAR campaign planning and attribution solutions by Feb 2018, becoming the first street-level media capable of reaching audience groups based on their consumer travel patterns and behaviors derived from mobile data.

The roll-out of these HD digital screens, in prime locations throughout San Francisco, converts traditional media into highly valuable, dynamic digital inventory that allows brands to engage with residents and tourists using state of the art digital technology.

“Our new Digital Urban Panel networks gives advertisers a new and proven way to reach motorists and pedestrians in prime locations throughout the densely populated San Francisco area, where there is limited digital inventory,” said Bob Schmitt, Regional President, Clear Channel Outdoor. “Our clients look to us to help them reach their desired audience in innovative, fresh and creative ways, and we’re excited to activate the first of these networks.”

All 100 Digital Urban Panels on pre-existing street-level news racks throughout the city are IP addressable and offer dynamic and real-time content capabilities. The first 50 screen digital network went live Nov. 20. The second, 50 screen digital network, will be complete the first quarter of 2018.

These new assets allow brands to engage with audiences on a digital Out-of-Home (OOH) product with wide frequency and depth of coverage. Further, when coupled with CCO’s existing transit shelter media in the market, brands can increase their media weight and presence through takeover opportunities that offer 100 percent share of voice.

In parallel with this 100-unit strong advanced advertising deployment, CCO will integrate all its OOH pedestrian-level printed and digital screens in San Francisco, and throughout the U.S., into Clear Channel Outdoor RADAR. This includes bus shelters, stationary transit media and highly-populated transit hubs. This advanced advertising solution answers a call from brands looking to improve the effectiveness of their campaigns, enabling them to choose from among 700 different audience segments incorporated into the CCO RADAR solution.  It also allows advertisers to measure the impact of their OOH campaigns, which have been shown to help brands achieve double to triple digit lifts in visits to advertised retail locations.

With locations in Union Square, the Financial District, Moscone Center, AT&T Park and Market Street, Fisherman’s and the Embarcadero, the new Digital Urban Panel networks reach highly-desired consumer audiences in the most densely populated districts in the San Francisco metropolitan region in non-residential areas, the company is seeing interest from clients in telecommunication, spirits, fashion and tourism.

Both digital networks allow advertisers to reach retail, entertainment, dining, financial, tech savvy and business decision-maker audiences via high-quality graphic displays throughout San Francisco’s prime areas. These new digital ad networks are also the only street-level media available to beer, wine and spirits brands in this area. In addition to sophisticated behavioral audience targeting based on mobile data, CCO anticipates this network will deliver a measured audience of more than 1.8 million adult 18+ ad impressions weekly. The new networks are all IP addressable and offer the following unique digital capabilities:

  • Conditional Triggers
    • Weather changes
    • Time of day
    • Pollen counts
    • Traffic
  • Data Integration
    • Sports scores
    • Time and temperature
    • Countdown clock
    • Breaking news
  • Social Integration
    • Hashtag aggregation
    • Social media content
    • Moderation
    • Reposting

Summary of San Francisco Coverage Areas:

The specific network coverage areas in San Francisco include:

  • Union Square: The digital network greets tourists and shoppers visiting the area and many who huddle each day to view one of the city’s most unique sites, the manual cable car turnaround. Characteristics of the area include: Shopping, tourists, nightlife and dining.
  • Financial District: Digital panels illuminate this electrifying area, often filled with early morning cappuccino drinkers at cafes or late-night cocktail sippers at well-appointed lounges. Characteristics of the area include: Business, banking/financial, entertainment and dining.
  • Moscone Center: Located in the heart of San Francisco, with digital panels on all sides, Moscone Center is walking distance away from downtown hotels, world-class dining and some of the city’s best shopping. Characteristics of the area include: Conventions/events, business decision makers, entertainment and dining.
  • AT&T Park: Digital panels stand amidst the trendy restaurants surrounding AT&T Park catering to residents, visitors and the over 40,000 Giants fans who attend home games each season. Characteristics of the area include: Sports, outdoor events, family entertainment and dining. \
  • Market Street: A major thoroughfare in San Francisco, restaurants, banks, QSR’s, corporations and retail stores such as The Apple Store, Adidas, The Gap, Levi’s and the Westfield Shopping Center blend with the digital urban panels for a multi-block stretch. Characteristics of the area include: Business, banking, entertainment and dining.

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About Clear Channel Outdoor Holdings, Inc.

Clear Channel Outdoor Holdings, Inc., (NYSE: CCO) is one of the world’s largest outdoor advertising companies, with more than 650,000 displays in over 35 countries across five continents, including 43 of the 50 largest markets in the United States. Clear Channel Outdoor Holdings offers many types of displays across its global platform to meet the advertising needs of its customers. This includes a growing digital platform that now offers over 1,200 digital billboards across 28 U.S. markets. More information is available at  www.clearchanneloutdoor.com

 

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Press Contact:

 

Jason D. King
jasondking@clearchannel.com
212.812.0064

Clear Channel Outdoor Holdings, Inc. Reports Results For 2017 Third Quarter

San Antonio, TX, November 8, 2017 – Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) today reported financial results for the third quarter ended September 30, 2017.

“Our Outdoor businesses continue to build out our digital footprint worldwide,” said Bob Pittman, Chairman and Chief Executive Officer of Clear Channel Outdoor Holdings, Inc. “At the same time, we are focused on enhancing our automated ad-buying, data analytics and attribution capabilities to generate improved results for our advertising and marketing partners.”

Rich Bressler, Chief Financial Officer of Clear Channel Outdoor Holdings, Inc. said: “Our consolidated results decreased in the third quarter. However, revenue increased, after adjusting for the impact from foreign exchange and certain businesses we sold. We continue to be committed to financial discipline as we invest in data, programmatic and attribution to grow our businesses.”

View PDF for 2017 Q3 Earnings Release Report

View Investor Deck for 2017 Q3

iHeartMedia, Inc. and Clear Channel Outdoor Holdings, Inc. Set Date for 2017 Third Quarter Earnings Teleconference

San Antonio, TX, October 31, 2017 — iHeartMedia, Inc. (PINK: IHRT) and its publicly traded subsidiary, Clear Channel Outdoor Holdings, Inc. (NYSE: CCO), will release 2017 third quarter results, including the results of iHeartCommunications, Inc. and Clear Channel International B.V., before the market opens on Wednesday, November 8, 2017 by 7:00 a.m. Eastern Time and will host a conference call to discuss results at 8:30 a.m. Eastern Time.

The conference call number is 877-531-2986 (U.S. callers) and 612-332-1210 (International callers) and the access code for both is 432190. A live audio webcast of the conference call and the related earnings materials, including reconciliations of any non-GAAP financial measures to GAAP financial measures and any other applicable disclosures, will be available on the investor section of the iHeartMedia, Inc. website (www.iheartmedia.com) and the Clear Channel Outdoor Holdings, Inc. website (www.clearchanneloutdoor.com).

After the live conference call, a replay will be available for a period of thirty days. The replay numbers are 800475-6701 (U.S. callers) and 320-365-3844 (International callers) and the access code for both is 432190. An archive of the webcast will be available beginning 24 hours after the call for a period of thirty days

Clear Channel Airports Wins 10-Year Contract with the Port of Seattle to Provide Benchmark-Setting Media Program at Seattle-Tacoma International Airport (SEA)

Clear Channel Airports Renews Deal with the Port of Seattle via a Competitive Request for Proposal Process and Extends Partnership Through 2027 with the 9th Busiest Airport in the U.S.

New and Strikingly Beautiful Advertising Network Will Help Global, National and Regional Brands Reach over 45 Million Annual Passengers

Seattle, WA – – Clear Channel Airports (CCA), a brand division of Clear Channel Outdoor Americas (CCOA) (NYSE: CCO), and a subsidiary of iHeartMedia Inc., today announced it has signed a new 10-year agreement with the Port of Seattle to provide a benchmark-setting media program at the Seattle-Tacoma International Airport (Sea-Tac). CCA will transition Sea-Tac and its valued advertising partners seamlessly into a stunning, architecturally integrated media advertising network. CCA has been the premiere display advertising provider for Sea-Tac since 2007 and was awarded the new 10-year contract via a competitive request for proposal process against other major competing outdoor (OOH) media companies. The new partnership went into effect August 1, 2017 with the new advertising program launching in 2018.

The new partnership will include a highly integrated and aesthetically anchored design and fixtures that will compliment architecture and passenger flow at Sea-Tac, attracting global, national and local brands to reach its over 45 million annual travelers. Sea-Tac and the city of Seattle continue to experience tremendous yearly growth with the Puget Sound region serving as home to some of the largest companies in the world including Amazon, Microsoft, Starbucks, Costco, Alaska Airlines, Nordstrom, Nintendo of America and multiple technology/e-commerce companies such as Expedia, Zillow, Concur and PayScale.
Sea-Tac is one of the fastest growing large hub airports in the U.S. for the past three years. Moving up four spaces to the ninth busiest in the country last year, Sea-Tac has a regional economic impact of more than $16 billion in business revenue and generates over 170,000 jobs and more than $565 million in state and local taxes. Currently, Sea-Tac’s 30 airlines serve 88 domestic and 24 international non-stop destinations.

CCA’s new, state-of-the-art displays and interactive technology for Sea-Tac will include:

Three unique digital networks formatted and positioned for terminal-wide coverage and for local, regional, national and international advertiser preferences:
• Ceiling-suspended LED high definition video walls; each more than 100 square feet in size;
• Vertical concourse digital LCD network targeting 100% of arriving and departing passengers;
• Baggage claim digital LCD network – full bag carousel coverage including 100% of arrivals exposure and extended passenger wait times.

High-profile interior assets that optimize visibility, impact and dwell time:
• Double-sided, ceiling-mounted banners on ticketing/departures level and in high-dwell-time pre-security areas;
• LED-illuminated and non-illuminated eco-friendly tension fabric displays;
• Variety of eye-level, soffit-mounted and floor-mounted illuminated signage;
• Exhibit spaces for specialty displays/booths, experiential and branding/sponsorship opportunities.

Marquee exterior assets that significantly impact passengers, greeters and transient traffic:

• Pedestrian walk-over glass clings connecting the parking/transportation deck to the terminal;
• Roadway-facing exterior banners on parking deck exterior;
• Pedestrian breezeway banners connecting SEA passengers to the Sound Transit light rail link.

“The Port of Seattle strives to provide a world-class experience at Sea-Tac Airport for our travelers as the gateway to this region,” said Lance Lyttle, Managing Director of Sea-Tac Airport. “Creating a consistent look and feel within the media program provides us the opportunity to incorporate our local Northwest sense of place with national and international brands that will ring true for locals and be a welcoming sight for visitors. Both will come to realize there’s even more to enjoy in our region than they might initially realize.”

“Seattle-Tacoma International Airport is one of our most exciting partnerships because the Puget Sound region truly represents innovation, cutting-edge technology and rapid growth,” said Morten Gotterup, President, Clear Channel Airports. “Sea-Tac’s surge to a top 10 airport in the nation is a testament to the area’s economic strength and prospects, offering advertisers the rare opportunity to reach a growing and an increasingly affluent set of residents and business travelers each day. Sea-Tac is dedicated to providing its passengers with the highest quality amenities, and we’re looking forward to working closely with their team to set a whole new standard for a media program befitting of this trend-setting city.”

About Seattle-Tacoma International Airport
Operated by the Port of Seattle, Seattle-Tacoma International Airport (SEA, KSEA) is ranked as the 9th busiest U.S. airport, serving nearly 45.7 million passengers and more than 366,000 metric tons of air cargo in 2016. With a regional economic impact of more than $16.3 billion in business revenue, Sea-Tac generates 171,796 jobs (109,924 direct jobs) representing over $2.8 billion in direct earnings and more than $565 million in state and local taxes. Twenty-four airlines serve 83 non-stop domestic and 24 international destinations. More information can be found by visiting www.portseattle.org.

About Clear Channel Airports
Dedicated to airport advertising for more than 40 years, Clear Channel Airports is the premier innovator of contemporary display concepts. The Company, a brand division of Clear Channel Outdoor Americas (NYSE:CCO), one of the world’s largest outdoor advertising companies, currently operates more than 280 airport programs across the globe and has a presence in 32 of the top 50 U.S. markets with major airports. More information can be found on Clear Channel Airports and Clear Channel Outdoor by visiting www.clearchannelairports.com and www.clearchanneloutdoor.com

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For more information, please contact:
Jason D. King
212.812.0064
jasondking@clearchannel.com