Sunnyvale, CA - Jun 28, 2012 - Yahoo and Clear Channel Media and Entertainment announced a multi-faceted relationship that involves the distribution and cross-promotion of content in addition to a live concert series for the combined audience of the Yahoo Media Network, which reaches more than 167 million monthly online users in the U.S. (comScore, May 2012) and Clear Channel Media and Entertainment's 237 million monthly U.S. listeners across 150 markets, plus its websites and the audience of iHeartRadio.

Yahoo and Clear Channel will be able to deliver their content to even more consumers across multiple platforms. Through this multi-year deal, iHeartRadio, which delivers access to more than 1,000 of the nation's broadcast and digital-only radio stations will become Yahoo's premier digital radio service. Yahoo and Clear Channel content will be cross-promoted on iHeartRadio.com, local radio station websites, and the entire Yahoo Media Network.