SAN ANTONIO, TX -- It's no surprise that Mark Mays intends to give up his titles as President and CEO of Clear Channel; that plan was announced last June. But now, there's a timeline in place for the changes: he'll be out no later than March 31. But he'll remain involved as Chairman of Clear […]
SAN ANTONIO, TX -- Nearly a year after his brother Randy gave up the presidency of Clear Channel, Mark Mays has announced he's resigning as the company's CEO. Clear Channel owns six stations in the Syracuse market, including three of the top five stations according to the latest publicly-available ratings P12+.
SAN ANTONIO -- Randall Mays is no longer President and CFO of CC Media Holdings, according to a document filed this morning with the U.S. Securities and Exchange Commission. Randall's brother Mark, the company's CEO, is now also serving as interim CFO until a permanent replacement is named.
SAN ANTONIO, TX -- CC Media Holdings, Inc. released its first quarter earnings report for 2009 today, and -- similar to last week's reports from Regent and Citadel -- the results are not positive. The nation's largest radio group says revenue fell 23% compared to last year's first quarter -- and the company also posted […]
SYRACUSE -- Sportsradio 620 WHEN sports director Jim Lerch is confirmed to be among the 1,800 fired nationwide by Clear Channel today. Overall, the company says it has cut 9% of its staff. Most of the cuts reportedly came from sales, but quite a few, like Lerch, came from the programming side.