CC Media Holdings, Inc.
(Public, OTC:CCMO) Watch this stockFind more results for
CCMO
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Key stats and ratios
| Q2 (Jun '09) | 2008 | |
| Net profit margin | -255.80% | -69.18% |
| Operating margin | -270.60% | -63.86% |
| EBITD margin | - | -53.45% |
| Return on average assets | -73.90% | -23.18% |
| Return on average equity | - | -171.44% |
| Employees | 22,100 | - |
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CC Media Holdings, Inc. discussions
View all discussions »Description
CC Media Holdings, Inc. is a diversified media company. The Company was formed in May 2007, for the purpose of acquiring the business of Clear Channel Communications, Inc. (Clear Channel). The Company operates in three business segments: Radio Broadcasting, Americas Outdoor Advertising (consisting primarily of operations in the United States, Canada and Latin America) and International Outdoor Advertising. The Company offers advertisers a platform of media assets across geographies, radio programming formats and outdoor products. On March 14, 2008, Clear Channel completed the sale of its television business to Newport Television, LLC. Clear Channel also completed the planned divestiture of certain of its non-core radio stations during the year ended December 31, 2008. The total number of non-core radio stations divested were 102 during 2008.
Officers and directors
| Mark P. Mays | Chief Executive Officer, Director | |
| Randall T. Mays | President, Chief Financial Officer, Director | |
| David C. Abrams | Director | |
| Steven W. Barnes | Director | |
| Richard J. Bressler | Director | |
| Charles A. Brizius | Director | |
| John P. Connaughton | Director |