Clear Channel Changes Name to iHeartMedia
Sep 16, 2014

Clear Channel says is changing its name to iHeartMedia, "reflecting the company¹s success in becoming a one-of-a-kind multi-platform media company with unparalleled reach and impact. From the company press release: "The newly named company includes a wide range of advertising-supported, consumer-focused media businesses, including 859 radio stations in over 150 markets, with more than 245 million listeners a month -- the largest reach of any radio or television outlet in America; iHeartMedia Digital, with its more than 90 million digital monthly uniques; Premiere Networks, which syndicates 90 radio programs and services to more than 5,500 radio affiliates; the Total Traffic and Weather Network, reaching almost all U.S. commuters; 20,000 live music events, all of which generate massive consumer engagement on social media platforms and the largest of which are even televised; its related companies, including Katz Media Group; as well as Clear Channel Outdoor, one of the world's largest outdoor advertising companies.

"iHeartMedia reflects our commitment to being the media company that provides the most entertainment to the most engaged audiences wherever they go, with more content and more events in more places on more devices," said Bob Pittman, Chairman and CEO of iHeartMedia, Inc. READ MORE

Broadcast-Friendlier STAVRA Bill Circulated
Sep 15, 2014

A new version of the Satellite Television Access and Viewer Rights Act (STAVRA), which is scheduled to be marked up Sept. 17 in the Senate Commerce Committee, was circulated late Friday, according to a copy obtained by B&C.

The draft dropped retrans reforms opposed by TV stations in an effort to get the must-pass bill passed.

As previously reported, the draft was shorn of the "Local Choice" retrans remake proposal, which had been backed by cable and satellite operators while broadcasters were fighting it tooth and nail.

A copy of the managers amendment from committee cochairs Jay Rockefeller (D- W. Va.) and John Thune (R-S.D.) — essentially a substitute bill — obtained late Friday had been pared back even further, likely to a form broadcasters can live with. READ MORE

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