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Clear Channel Radio Stations in Top 25 Markets Continue to Gain Listeners

January 27, 2006

Clear Channel Communications, Inc. (NYSE:CCU)

— 18 of Top 25 Markets Show Year-Over-Year Gains; 11 Markets Are Up 5% or More

— 17 of the Top 25 Markets See Sequential Gains

— 12-Month Highs Reached in Seven of the Company’s Top 10 Markets

Listeners are responding to the best programming environment in radio. From New York to Cleveland to Dallas to Los Angeles and San Diego, more people in the country’s Top 25 radio markets listened to Clear Channel Radio stations between October and December of 2005 than did the year previously as well as the three months previously.

“It’s all about great radio,” said John Hogan, president and CEO of Clear Channel Radio. “In less than a year, our Better Radio project has delivered on its promise — better radio creates a bigger audience.”

Clear Channel Radio initiated one of the largest programming improvements in radio history in 2004 by reducing the number and length of commercial and promotion spots across all formats. Also under the program, referred to initially as Less is More, Clear Channel Radio introduced a broad array of creative resources to advertisers and agencies to help them produce more engaging commercials. All of Clear Channel Radio stations have been broadcasting the improved programming environment since December 15, 2004.

The company’s stations in Dallas posted an astounding 38.6% increase in AQH share for adults 25-54, year over year. And San Diego and Denver jumped a stunning 18.9% and 17.5% respectively for the same demographic.

For persons 12+, year over year, Dallas again led with a whopping 29.4% jump in AQH share, with Seattle a close second and a 22.7% increase. Atlanta saw a 15.8% gain and Portland showed an impressive 10.2% jump on the same metric.

Other highlights from the Fall 2005 Arbitron ratings, compared to the same period in 2004, include:

Among Adults 25-54:

— 4 out of the top 5, and 7 out of the top 10 largest Clear Channel Radio markets saw their largest increase in AQH share in five books.

— Across the Top 25 Markets, Clear Channel Radio stations saw an increase of 3.4% in AQH share among adults 25-54.

— All five of the company’s Dallas, TX radio stations saw increases in adult 24-54 AQH share, versus Fall 2004.

— Progressive talk KLSD serving San Diego, CA, increased its AQH share among adults 25-54 by 50%, compared to its first book in the format.

Among Adults 18-49 & Adults 18-34:

— Several Clear Channel Radio stations saw their best share levels for adults 18-49 in a year, including WHTZ-FM New York, NY, KHYL-FM Sacramento, CA, KZPS-FM Dallas, TX, KGB-FM San Diego, CA, and WDVE-FM Pittsburgh, PA.

— KIIS-FM Los Angeles, CA, surpassed cross-town rival KPWR-FM in the Fall 2005 book in AQH share for adults 18-49.

— Stations that saw their best share levels for adults 18-34 in a year include, KIOI-FM San Francisco, CA, KDGE-FM Dallas, TX, WBZY-FM Atlanta, GA, WKQI-FM Detroit, MI, and WMMS-FM Cleveland, OH.

Other Highlights:

— KAJA-FM San Antonio, TX went from 8th place in the market in AQH share for adults 25-54 to #1 year-over-year, surpassing rival station KCYY-FM.

— Pop CHR WFLZ-FM Tampa, FL grew its adults and women 25-54 audience share four books in a row, and now ranks #2 in the market in AQH share for both demographics. A notable feat for what is a traditionally young-skewing format.

— WKLS-FM Atlanta, GA increased both its adults 25-54 and men 25-54 AQH share by 38% and 29%, respectively.

About Clear Channel Radio

Clear Channel Radio is a leading radio company focused on serving local communities across the U.S. with more than 110 million listeners choosing Clear Channel Radio programming each week. The company’s operations include radio broadcasting, syndication and independent media representation. Clear Channel Radio is a division of Clear Channel Communications, Inc. (NYSE:CCU), a leading global media and entertainment company. More information on the company can be found at www.clearchannel.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.