Newsroom
Clear Channel Outdoor Holdings, Inc. Prices Senior Subordinated Notes and Declares Special Cash Dividend
San Antonio, Texas, February 29, 2012 – Clear Channel Outdoor Holdings, Inc. (the “Company”) (NYSE: CCO) announced today the pricing of the $275 million aggregate principal amount of 7.625% Series A Senior Subordinated Notes due 2020 and $1,925 million aggregate principal amount of 7.625% Series B Senior Subordinated Notes due 2020 (collectively, the “Notes”) offered by its indirect, wholly-owned subsidiary, Clear Channel Worldwide Holdings, Inc. (“Clear Channel Worldwide”). The Company anticipates that the closing of the private offering will take place on March 15, 2012, subject to customary closing conditions.
The Company also announced today that its board of directors declared a special cash dividend of $2,167 million (or approximately $6.08 per share, based on shares outstanding at the close of business on February 28, 2012), which will be paid on March 15, 2012 to Class A and Class B stockholders of record at the close of business on March 12, 2012, subject only to the closing of the offering of the Notes.
The Company, its wholly-owned subsidiary Clear Channel Outdoor, Inc. (“CCOI”), and certain of the Company~s other domestic subsidiaries (collectively, the “Guarantors”) will guarantee the Notes. The Notes will be unsecured senior subordinated obligations that will rank junior to all of Clear Channel Worldwide~s existing and future senior debt, equally with any of Clear Channel Worldwide~s existing and future senior subordinated debt and ahead of all of Clear Channel Worldwide~s existing and future debt that expressly provides that it is subordinated to the Notes. The guarantees of the Notes will rank junior to all of the Guarantors~ existing and future senior debt, equally with any of the Guarantors~ existing and future senior subordinated debt and ahead of all of the Guarantors~ existing and future debt that expressly provides that it is subordinated to the guarantees of the Notes.
With the proceeds of the Notes (net of an initial purchasers~ discount), Clear Channel Worldwide intends to make loans in an aggregate amount equal to $2,167 million to CCOI. CCOI will pay all other fees and expenses of the offering using cash on hand and, with the proceeds of the loans, make a special cash dividend to the Company, which will in turn make the special cash dividend described above (in the same aggregate amount) to all holders of its Class A common stock and Class B common stock, including Clear Channel Holdings, Inc. (“Clear Channel Holdings”), a wholly-owned subsidiary of Clear Channel Communications, Inc., and CC Finco, LLC, a direct wholly-owned subsidiary of Clear Channel Holdings. Clear Channel Communications, Inc. has advised the Company that it will repay indebtedness under its senior secured credit facilities in an aggregate amount equal to the aggregate amount of dividend proceeds distributed to Clear Channel Holdings and CC Finco, LLC, or approximately $1,925 million.
The Notes and related guarantees will be offered only to “qualified institutional buyers” in reliance on the exemption from registration pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”) and to persons outside of the United States in compliance with Regulation S under the Securities Act. The Notes and the related guarantees 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 and foreign securities laws.
This press release is for informational purposes only and shall not constitute an offer to sell nor the solicitation of an offer to buy the Notes or any other securities. The Notes offering is not being made to any person in any jurisdiction in which the offer, solicitation or sale is unlawful.
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About Clear Channel Outdoor Holdings, Inc.
Clear Channel Outdoor Holdings, Inc. is one of the world~s largest outdoor advertising companies, with more than 750,000 displays in over 40 countries across five continents, including 48 of the 50 largest markets in the United States. Clear Channel Outdoor Holdings, Inc. 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 850 digital billboards across 37 U.S. markets. Clear Channel International operates in 30 countries across Asia, Australia and Europe in a wide variety of formats.
Clear Channel Outdoor Holdings, Inc. is one of the world~s largest outdoor advertising companies, with more than 750,000 displays in over 40 countries across five continents, including 48 of the 50 largest markets in the United States. Clear Channel Outdoor Holdings, Inc. 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 850 digital billboards across 37 U.S. markets. Clear Channel International operates in 30 countries across Asia, Australia and Europe in a wide variety of formats.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements based on current Clear Channel Outdoor Holdings, Inc.~s 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. Many of the factors that will determine the outcome of the subject matter of this press release are beyond Clear Channel Outdoor Holdings, Inc.~s ability to control or predict. Clear Channel Outdoor Holdings, Inc. 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.
Media Contacts
Media
Wendy Goldberg
Senior Vice President – Communications
(212) 549-0965
Investors
Brian Coleman
Senior Vice President and Treasurer
(210) 822-2828
Clear Channel Outdoor Holdings, Inc. Announces Proposed Private Offering of Senior Subordinated Notes
San Antonio, TX, February 27, 2012 – Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the “Company”) announced today that its indirect, wholly-owned subsidiary, Clear Channel Worldwide Holdings, Inc. (“Clear Channel Worldwide”), will offer, subject to market and customary conditions, $250,000,000 aggregate principal amount of Series A Senior Subordinated Notes due 2020 (the “Series A Notes”) and $1,000,000,000 aggregate principal amount of Series B Senior Subordinated Notes due 2020 (the “Series B Notes” and, together with the Series A Notes, the “Notes”) in a private offering that is exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”).
The Company, its wholly-owned subsidiary Clear Channel Outdoor, Inc. (“CCOI”), and certain of the Company~s other domestic subsidiaries will guarantee the Notes. The Notes will be unsecured senior subordinated obligations that will rank junior to all of Clear Channel Worldwide~s existing and future senior debt, equally with any of Clear Channel Worldwide~s existing and future senior subordinated debt and ahead of all of Clear Channel Worldwide~s existing and future debt that expressly provides that it is subordinated to the Notes. The guarantees of the Notes will rank junior to all of the guarantors~ existing and future senior debt, equally with any of the guarantors~ existing and future senior subordinated debt and ahead of all of the guarantors~ existing and future debt that expressly provides that it is subordinated to the guarantees of the Notes.
Clear Channel Worldwide intends to loan the proceeds of the Notes, net of the initial purchasers~ discount, to CCOI. CCOI will pay all other fees and expenses of the offering using cash on hand and, with the proceeds of the loans, make a special cash dividend to the Company, which will in turn make a special cash dividend (in the same aggregate amount) to all holders of its Class A common stock and Class B common stock, including Clear Channel Holdings, Inc. (“Clear Channel Holdings”) and CC Finco, LLC, a direct wholly-owned subsidiary of Clear Channel Holdings (“CC Finco”).
The Company has been informed by Clear Channel Holdings that it intends to use the proceeds of the dividend it receives to pay a dividend to its parent company, Clear Channel Communications, Inc., which will in turn use the proceeds, together with cash on hand in an amount equal to the amount of dividend proceeds distributed to CC Finco, to repay indebtedness under its senior secured credit facilities.
The Notes and related guarantees will be offered only to “qualified institutional buyers” in reliance on the exemption from registration pursuant to Rule 144A under the Securities Act and to persons outside of the United States in compliance with Regulation S under the Securities Act. The Notes and the related guarantees 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 and foreign securities laws.
This press release is for informational purposes only and shall not constitute an offer to sell nor the solicitation of an offer to buy the Notes or any other securities. The Notes offering is not being made to any person in any jurisdiction in which the offer, solicitation or sale is unlawful.
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About Clear Channel Outdoor Holdings, Inc.
Clear Channel Outdoor Holdings, Inc. is one of the world~s largest outdoor advertising companies, with more than 750,000 displays in over 40 countries across five continents, including 48 of the 50 largest markets in the United States. Clear Channel Outdoor Holdings, Inc. 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 850 digital displays across 37 U.S. markets. Clear Channel International operates in 30 countries across Asia, Australia and Europe in a wide variety of formats.
Clear Channel Outdoor Holdings, Inc. is one of the world~s largest outdoor advertising companies, with more than 750,000 displays in over 40 countries across five continents, including 48 of the 50 largest markets in the United States. Clear Channel Outdoor Holdings, Inc. 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 850 digital displays across 37 U.S. markets. Clear Channel International operates in 30 countries across Asia, Australia and Europe in a wide variety of formats.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements based on current Clear Channel Outdoor Holdings, Inc.~s management expectations. These forward-looking statements include all statements other than those made solely with respect to historical facts and include, but are not limited to, statements regarding the offering of the Notes, the anticipated terms of the Notes and the anticipated use of the proceeds of the offering. 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 Clear Channel Outdoor Holdings, Inc. will ultimately offer the Notes or consummate the offering, and if it does, the terms of the Notes and the size, timing and use of proceeds of the offering. Many of the factors that will determine the outcome of the subject matter of this press release are beyond Clear Channel Outdoor Holdings, Inc.~s ability to control or predict. Clear Channel Outdoor Holdings, Inc. 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.
Media Contacts
Media
Wendy Goldberg
Senior Vice President – Communications
(212) 549-0965
Investors
Brian Coleman
Senior Vice President and Treasurer
(210) 822-2828
Rocky Sisson Named Chief Revenue Officer of Clear Channel Outdoor Americas
25-Year Advertising Veteran Will Create Innovative Opportunities for Local, National and Global Advertisers to Reach Consumers Using Clear Channel Outdoor Network
NEW YORK – Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) today named advertising industry veteran Rocky Sisson to a new position of Chief Revenue Officer for Clear Channel Outdoor Americas. This new position will lead the company’s strategic efforts to develop new solutions that will enable advertisers to more effectively reach their customers.
Sisson, formerly EVP of Sales & Marketing at Clear Channel Outdoor Americas, will work closely with William Eccleshare, CEO of Clear Channel Outdoor Holdings, Inc., to lead the design, creation and delivery of innovative, high value “Out of Home” advertising opportunities for local, national, and global marketers and advertisers.
“I’m delighted to make Rocky’s appointment my first official announcement as Clear Channel Outdoor Holdings CEO,” said Mr. Eccleshare. “Rocky’s advertising experience and his extraordinary understanding of client needs make him ideally suited for this vitally important role to grow and expand our business.” “Our broad reach coupled with new digital technology make this an incredibly opportune time for advertisers to use Clear Channel’s assets both in America and – where appropriate – internationally, to inform customers about, and drive customers to, their businesses,” said Sisson. “We will continue to demonstrate just how effective and important ‘Out of Home’ advertising can be to their brands and bottom lines.”
In this newly created position, Sisson will continue to be the leader of Clear Channel Outdoor Americas’ sales team, overseeing Clear Channel Outdoor Americas’ overall sales and marketing strategy, which includes national and local sales, new business development, and multicultural sales, a growing area of focus for CCOA. In addition, Sisson will lead the effort to identify and deliver innovative opportunities for advertisers seeking to reach their customers who are out of their home and more likely to make a purchase decision.
Sisson is a seasoned industry veteran who has been in the advertising business for 25 years, including two decades with Clear Channel Outdoor. He is a member of the Outdoor Advertising Association of America Hall of Fame (OAAA), has served on the OAAA board of directors, and is a winner of the organization’s prestigious L. Ray Vahue Marketing Award.
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About Clear Channel Outdoor Holdings, Inc.
Clear Channel Outdoor Holdings, Inc., (NYSE:CCO) one of the world’s largest outdoor advertising companies, reaches approximately 141 million people in the United States and approximately 374 million internationally, with more than 600,000 displays in over 40 countries across five continents, including 49 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 750 digital displays across 37 U.S. markets. Clear Channel International operates in 30 countries across Asia, Australia and Europe in a wide variety of formats.
Clear Channel Outdoor Holdings, Inc., (NYSE:CCO) one of the world’s largest outdoor advertising companies, reaches approximately 141 million people in the United States and approximately 374 million internationally, with more than 600,000 displays in over 40 countries across five continents, including 49 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 750 digital displays across 37 U.S. markets. Clear Channel International operates in 30 countries across Asia, Australia and Europe in a wide variety of formats.
Media Contacts
Clear Channel
Jim Cullinan
212-424-6307
[email protected]
or
Ashley Carlton
646-805-2087
[email protected]
CC Media Holdings, Clear Channel Communications and Clear Channel Outdoor Holdings Set Date for Year-End/Fourth Quarter 2011 Earnings Teleconference
San Antonio, Texas January 24, 2012 – CC Media Holdings, Inc. (OTCBB: CCMO), along with its wholly-owned subsidiary, Clear Channel Communications, Inc., and its publicly traded subsidiary, Clear Channel Outdoor Holdings, Inc. (NYSE: CCO), each confirmed today that it will host a teleconference to discuss results on Tuesday, February 21, 2012 at 9:00 a.m. Eastern Time.
The conference call number is 800-707-9573 and the passcode is 234685. The teleconference will also be available via a live audiocast on the investor section of the CC Media Holdings, Clear Channel Communications and Clear Channel Outdoor websites, located at http://ccmediaholdings.com/, http://www.clearchannel.com/Investors/ or http://www.clearchanneloutdoor.com/corporate/investor-relations/.
A replay of the call will be available after the live conference call, beginning at 11:00 a.m. Eastern Time, for a period of thirty days. The replay numbers are 800-475-6701 (U.S. callers) and 320-365-3844 (International callers) and the passcode is 234685. The audiocast will also be archived on the websites and will be available beginning 24 hours after the call for a period of thirty days.
CC Media Holdings and Clear Channel Outdoor Holdings will release year-end/fourth quarter 2011 financial results, along with reconciliations of any non-GAAP financial measures to GAAP financial measures and any other applicable disclosures, before the market open on February 21st at approximately 8:00 a.m. Eastern Time. The releases will be available at http://ccmediaholdings.com/ or http://www.clearchanneloutdoor.com/corporate/investor-relations/.
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About Clear Channel Communications, Inc./CC Media Holdings, Inc.
Clear Channel Communications is one of the leading global media and entertainment companies specializing in radio, digital, out of home, mobile and on-demand entertainment and information services for local communities and providing premier opportunities for advertisers. CC Media Holdings is the parent company of Clear Channel Communications.
Clear Channel Communications is one of the leading global media and entertainment companies specializing in radio, digital, out of home, mobile and on-demand entertainment and information services for local communities and providing premier opportunities for advertisers. CC Media Holdings is the parent company of Clear Channel Communications.
About Clear Channel Outdoor Holdings, Inc.
Clear Channel Outdoor Holdings is a global leader in the outdoor advertising industry providing clients with advertising opportunities through billboards, street furniture displays, transit displays, and other out-of-home advertising displays.
For further information contact Wendy Goldberg, Senior Vice President, Communications, at (212) 549-0965, or Brian Coleman, Senior Vice President, Treasurer, at (210) 822-2828 or visit our websites at www.clearchannel.com, www.clearchanneloutdoor.com or www.ccmediaholdings.com.
Media Contacts
Wendy Goldberg
(212) 549-0965
Brainerd Communicators, Inc.
(212) 986-6667
William Eccleshare Named Chief Executive Officer of Clear Channel Outdoor Holdings, Inc.
Eccleshare To Oversee Both Clear Channel Outdoor Americas and Clear Channel International
Experienced Marketer to Develop New Opportunities for Partners to Utilize Power of Company’s Digital Network and Mass Market Reach of Clear Channel Outdoor
New York, NY – January 24, 2012 – Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) today announced that William Eccleshare, currently Chief Executive Officer of the company’s International division, will become Chief Executive Officer of Clear Channel Outdoor Holdings effective immediately.
Eccleshare will oversee the two divisions of Clear Channel Outdoor Holdings, Clear Channel Outdoor Americas and Clear Channel International, positioning the company to use all its assets on a coordinated global basis, leveraging its full scale, relationships and best practices to provide the most innovative and responsive advertising and marketing programs for its clients. In addition, Eccleshare will work with advertisers to develop new marketing strategies using Clear Channel’s groundbreaking new Digital Networks across the world. In this new role, Eccleshare will replace the interim Office of the CEO currently in place for Clear Channel Outdoor Holdings.
Eccleshare was previously CEO of Clear Channel International, a position he has held since 2009. Prior to joining Clear Channel, he served in leadership roles at a number of major advertising agencies, including as Chairman and CEO at BBDO EMEA; Chairman of Young and Rubicam/Wunderman EMEA; Chairman and CEO of Ammirati Puris Lintas for Northern Europe; Global Strategic Planning Director of J. Walter Thompson Worldwide; and CEO, PPGH/JWT Amsterdam. He has also been a Partner and Leader of the Marketing Practice at McKinsey & Co. Eccleshare will be based in the U.K. for an interim period and will later relocate to New York City.
“William’s experience is the perfect match for the priorities of Clear Channel Outdoor Holdings today,” said Bob Pittman, Executive Chairman of the Clear Channel Outdoor Holdings, Inc. Board of Directors, and CEO of CC Media Holdings, Inc. “His success in building Clear Channel International and taking it to new levels of success, coupled with his experience developing strong relationships with both clients and agencies and his extensive advertising agency background, means that Clear Channel Outdoor Holdings will be able to serve partners with our full range of assets, including digital; learn from experiences in all areas of the world where we operate; and tap the company’s talent around the globe – enabling us to reinvent how we do business with all of our advertising and marketing partners.”
“I’m truly excited to take on this new role, and to bring to bear both my experience in out-of-home and my long understanding of the needs of advertising agencies and their clients – and how to meet them,” said Eccleshare. “I have seen first-hand the tremendous opportunities available to us in the outdoor marketplace and the value we generate by developing and sharing our expertise. I am looking forward to working with the Clear Channel teams across more than 40 markets across the globe to accelerate our momentum.”
Separately, the company also announced that Ron Cooper, CEO of the company’s Americas division, will be leaving the company after assisting with Mr. Eccleshare’s transition.
Pittman said, “I also want to thank Ron Cooper for his leadership at our Americas division over the last two years. We truly appreciate the contributions he has made, and wish him all the best for the future.”
Company Fourth Quarter Update
The company also said that momentum of its Outdoor business continued in 2011 even facing a challenging advertising market. Revenues for Clear Channel Outdoor Holdings, Inc. increased 7.4% and 2.9%, for the full year 2011 and fourth quarter 2011, respectively; excluding the impact of movements in foreign exchange rates, revenues rose 4.2% and 2.4% for the full year 2011 and fourth quarter 2011, respectively. The company will be reporting its full financial results on February 21, 2012.
Pittman added, “William successfully grew our International revenue over the last two years as CEO of CCI, and is uniquely qualified to lead our consolidated outdoor business.”
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Clear Channel Outdoor Holdings, Inc.
Clear Channel Outdoor Holdings, Inc. is a global leader in the outdoor advertising industry providing clients with advertising opportunities through billboards, street furniture displays, transit displays, and other out-of-home advertising displays. It is one of the world’s largest outdoor advertising companies, reaching over 141 million adults each month in the United States and an additional 374 million internationally, with close to one million displays in over 40 countries across five continents, including 49 of the 50 largest markets in the United States. Clear Channel Outdoor Holdings, Inc. 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 750 digital displays across 37 U.S. markets. Clear Channel International operates in 30 countries across Asia, Australia and Europe in a wide variety of formats and operates over 3,500 municipal advertising contracts worldwide.
Clear Channel Outdoor Holdings, Inc. is a global leader in the outdoor advertising industry providing clients with advertising opportunities through billboards, street furniture displays, transit displays, and other out-of-home advertising displays. It is one of the world’s largest outdoor advertising companies, reaching over 141 million adults each month in the United States and an additional 374 million internationally, with close to one million displays in over 40 countries across five continents, including 49 of the 50 largest markets in the United States. Clear Channel Outdoor Holdings, Inc. 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 750 digital displays across 37 U.S. markets. Clear Channel International operates in 30 countries across Asia, Australia and Europe in a wide variety of formats and operates over 3,500 municipal advertising contracts worldwide.
CC Media Holdings, Inc.
CC Media Holdings, Inc. (OTCBB: CCMO) is one of the leading global media and entertainment companies specializing in radio, digital, out of home, mobile and on-demand entertainment and information services for local communities and providing premier opportunities for advertisers.
Clear Channel Media and Entertainment, led by John Hogan, is the leading media business in America reaching 238 million people each month with its radio properties – a greater reach in the U.S. than any radio or television company – and serves 150 cities through 850 owned radio stations. It also includes Clear Channel Digital, which develops and operates iHeartRadio, the free, industry-leading digital radio product that combines access to all of the company’s live broadcast and digital-only radio stations with user-created Custom Stations, and develops the companion digital products for each radio station brand; Premiere Networks, which syndicates 90 radio programs and services to more than 5,000 radio station affiliates; Total Traffic Network, a ground-breaking programming and technology service delivering real-time traffic data directly to vehicles and radio stations, in more than 100 metropolitan markets in four countries, including the United States, Canada, Mexico, and New Zealand; and Katz Media Group, which is the largest media representation firm in the U.S. representing more than 2,600 radio stations and 400 television stations.
Media Contacts
Media
Wendy Goldberg
Clear Channel
212 549 0965
[email protected]
Jim Cullinan
Clear Channel
212 549 0967
[email protected]
Investors
Brian Coleman
Senior Vice President and Treasurer
(210) 822-2828
[email protected]
Clear Channel Spectacolor and Times Square Alliance Unveil State-of-the-Art Digital Billboard Dedicated to Serve the Square’s Small Businesses
PHOENIX – January 10, 2012 – Clear Channel Spectacolor, the U.S. market leader in spectacular sign displays and a division of one of the world’s largest outdoor advertising company, Clear Channel Outdoor (NYSE: CCO), has partnered with the Times Square Alliance to launch a state-of-the-art digital billboard in the heart of New York City’s famed Times Square dedicated to providing the area’s many small businesses with competitive marketing opportunities. New to the market, the digital screen will help local businesses reach the crowds who pass through Times Square every day.
Situated on a new marquee above the entrance to the Times Square Visitor Center and Museum on Seventh Avenue between 47th and 46th streets, adjacent to the TKTS booth and Duffy Square, the LED video display was designed to give area businesses the ability to boost their presence, build their brand and drive consumer interest by utilizing the power of out-of-home (OOH) advertising in Times Square. With approximately 280 restaurants and bars and 40 theaters vying for attention in Times Square, Clear Channel Spectacolor and the Times Square Alliance have created a platform with unparalleled visibility that reaches a crucial audience – half a million daily visitors. The display will broadcast a mixture of on- and off-premise advertisers, in addition to serving as a community message board for the Times Square Visitor Center and Museum. The Times Square Visitor Center and Museum includes a Broadway Ticket and Concierge Center, city sightseeing tours, the official Times Square gift shop, a city information desk, the New Year’s Eve Centennial Ball and Confetti Wishing Wall.
“After decades of providing advertising opportunities to the biggest brand names in the world, we look forward to working with the Times Square Alliance and leveraging our spectacular and digital marketing experience to develop valuable ad products for local businesses within the Times Square community, such as the abundant restaurants, bars, theater venues, and quality shops catering mainly to tourists,” said Alan High, President and General Manager, Clear Channel Spectacolor and Times Square Alliance Board Member. “We are pleased to expand our suite of digital products to better serve these companies as they look to more effectively engage with targeted consumers through prime advertising real estate channels.”
“Aside from managing New York City’s busiest tourism center and advocating on behalf of our constituents, we are dedicated to improving the quality of commerce in the district. In joining forces with Clear Channel, the Times Square Alliance seeks to address the needs of local businesses in a highly competitive advertising marketplace,” said Tim Tompkins, President, Times Square Alliance. “We believe the board will be instrumental in maintaining a level advertising playing field and in helping area entrepreneurs and professionals grow their businesses.”
Advertisers will have access to a standard feature set that is unrivaled by other billboards catering to small businesses. The Times Square Visitor Center display easily switches between locally stored video clips, web-based streaming content or live HDTV feeds for events. The display also supports interactive and dynamic web-based content, text to screen and integrates with social media.
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About The Times Square Alliance
The Times Square Alliance, founded in 1992, works to improve and promote Times Square – cultivating the creativity, energy and edge that have made the area an icon of entertainment, culture and urban life for over a century. In addition to providing core neighborhood services with its Public Safety Officers and Sanitation Associates, the Alliance promotes local businesses; encourages economic development and public improvements; co-coordinates numerous major events in Times Square (including the annual New Year’s Eve and Broadway on Broadway celebrations); manages the Times Square Visitor Center and Mini-Museum; and advocates on behalf of its constituents with respect to a host of public policy, planning and quality-of-life issues. www.TimesSquareNYC.org.
The Times Square Alliance, founded in 1992, works to improve and promote Times Square – cultivating the creativity, energy and edge that have made the area an icon of entertainment, culture and urban life for over a century. In addition to providing core neighborhood services with its Public Safety Officers and Sanitation Associates, the Alliance promotes local businesses; encourages economic development and public improvements; co-coordinates numerous major events in Times Square (including the annual New Year’s Eve and Broadway on Broadway celebrations); manages the Times Square Visitor Center and Mini-Museum; and advocates on behalf of its constituents with respect to a host of public policy, planning and quality-of-life issues. www.TimesSquareNYC.org.
About Clear Channel Outdoor
Clear Channel Outdoor Holdings (NYSE: CCO), one of the world’s largest outdoor advertising companies with close to one million displays in over 40 countries across five continents offers many types of displays across its global platform to meet the advertising needs of its customers. The U.S. coverage encompasses 49 of the largest 50 Designated Market Areas and includes Airport, Transit and Mall advertising. It also features a growing digital platform that now offers over 750 digital displays across 37 U.S. markets. Its Spectacolor (U.S.) and DEFI (international) divisions are the global market leaders in spectacular signage, including New York’s Times Square. Clear Channel International operates in nearly 30 countries across Asia, Australia and Europe in a wide variety of formats and operates over 3,500 municipal advertising contracts worldwide. More information may be found by visiting www.clearchanneloutdoor.com.
Certain statements in this release constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.
Media Contacts
Michael Steinberg
Clear Channel Spectacolor
(212) 221-3100
[email protected]
Brainerd Communicators, Inc.
(212) 986-6667
New Advertising Opportunities at Tampa International Airport for Republican National Convention
New advertising opportunities in TIA specifically designed for businesses to reach Republican National Convention attendees
Tampa, FL – January 09, 2012 – Clear Channel Airports (CCA), the world’s leading marketer of airport advertising and a division of one of the world’s largest outdoor advertising companies, Clear Channel Outdoor Holdings, Inc. (NYSE: CCO), today announced new advertising packages at Tampa International Airport (TIA) to reach attendees of the 2012 Republican National Convention (RNC) in Tampa Bay. These packages are focused on creating distinctive opportunities for businesses to get their message in front of this unique group of travelers soon after landing in Tampa.
“On a typical day about 40,000 people pass through Tampa International Airport. Those numbers will be significantly higher during the convention, with the addition of commercial flights and charter flights,” said Janet Zink, Director of Communications at TIA. “Organizers expect more than 50,000 people to come to Tampa for convention-related events, and most of them will arrive and depart through our airport. We’re delighted to partner with Clear Channel to reach those people.”
CCA’s long term commitment to creating advertising packages in TIA to companies that have roots in the Tampa Bay area is continued throughout the RNC advertising time period. Their innovative packages were designed to encourage community business involvement in airport advertising during this exciting time.
“As host for the Republican National Convention, Tampa businesses have the opportunity to reach thousands of visitors. At Clear Channel Airports, we are working diligently to create innovative and effective advertising opportunities that give area businesses unique ways to engage these travelers,” says Toby Sturek, President, Clear Channel Airports.
Visit CCA’s Facebook page to learn more about advertising in TIA at www.Facebook.com/ClearChannelAirportsTampa. Businesses interested in these new packages should contact Melissa Cleary at (800) 648-8437 ext. 349 or email [email protected].
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About Clear Channel Airports
Dedicated to airport advertising for more than 37 years, Clear Channel Airports is the premier innovator of contemporary display concepts. The Company, a division of Clear Channel Outdoor Holdings, Inc. (NYSE:CCO), one of the world’s largest outdoor advertising companies, currently operates more than 260 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.
Dedicated to airport advertising for more than 37 years, Clear Channel Airports is the premier innovator of contemporary display concepts. The Company, a division of Clear Channel Outdoor Holdings, Inc. (NYSE:CCO), one of the world’s largest outdoor advertising companies, currently operates more than 260 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.
Certain statements in this release constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.
Media Contacts
Faith Roland
Clear Channel Airports
(610) 395-8002
[email protected]
Melissa Cleary
Clear Channel Airports
(800) 648-8437 ext. 349
[email protected]
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