Pittman Named CEO of CC Media Holdings

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New York, NY - Oct 2, 2011 - Bob Pittman will become chief executive officer of CC Media Holdings. Pittman joined Clear Channel in November 2010 as an investor and the company's chairman of Media and Entertainment Platforms. Pittman will join the board of directors of CC Media Holdings and Clear Channel Communications. In addition, he will join the board of directors of Clear Channel Outdoor Holdings as its executive chairman.

In his new role, Pittman will oversee the company's businesses, which include Clear Channel Radio, serving 150 cities through 850 owned radio stations and an additional 100 cities and 4,000 stations through its syndicated Premier Radio Networks products. Clear Channel Radio also includes Clear Channel Digital, which develops and operates iHeartRadio, Total Traffic Network, the Katz Media Group and RCS. Clear Channel Outdoor Holdings includes Americas Outdoor Advertising and International Outdoor Advertising.

Pittman remains a member of Pilot Group, a New York-based private investment firm.

Pittman has been CEO of MTV Networks, AOL Networks, Six Flags Theme Parks, Quantum Media, Century 21 Real Estate, and Time Warner Enterprises. He was also COO of America Online and AOL Time Warner.

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