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May 24, 2015 11:54 AM ET

Media

Company Overview of Clear Channel International

Company Overview

Clear Channel International is an outdoor media company that focuses on providing communications solutions including billboards and kiosks for advertisers. Its product range includes Adshel, More O’Ferrall, and Taxi Wraps. The company is based in Dublin, Ireland. Clear Channel International is a subsidiary of Clear Channel Outdoor, Inc.

Beech House

Beech Hill Road

Donnybrook

Dublin,  4

Ireland

Phone:

353 1 478 4500

Fax:

353 1 478 4582

Key Executives for Clear Channel International

Chairman, Chief Executive Officer and President
Age: 58
Chief Financial Officer
Chief Operating Officer
Age: 42
Global Head of Brand - Clear Channel Outdoor
Marketing Director
Compensation as of Fiscal Year 2014.

Clear Channel International Key Developments

William Eccleshare to Become Chairman and CEO of Clear Channel International

Clear Channel Outdoor Holdings Inc. announced that William Eccleshare has decided that, in order to intensify his focus on the increasing potential of the international outdoor advertising market, he will become Chairman and CEO of Clear Channel International to build on the company’s current momentum and drive its strategy for long-term profitable growth. Eccleshare, who formerly held the title of CEO of Clear Channel Outdoor Holdings Inc., will continue to report to Bob Pittman.

Allan Gray Supports APN Move On ARN Share

APN News & Media Ltd. (ASX:APN)'s second-largest shareholder Allan Gray Limited has declared it would back a capital raising to help the group buy out the remaining 50% stake in Australian Radio Network Pty Limited from Clear Channel International for about $100 million. Simon Marais, Chief Executive of Allan Gray, which has an 19.8% stake in APN, said he would be happy to help fund such a deal if the company can persuade Clear Channel to sell it "at the rightprice". "In the long run, it makes sense to own the other half of the business if they can get it at a good price," Marais said. "They'd have to raise money. I would always put more money in at the right price." Marais said he would back APN to buy out Clear Channel for seven times EBITDA but "anything with an eight in front of it would be too high". Marais said a sale would reduce the need for a rights issue at APN. Announcing those talks, Miller, who took over as chief executive four months ago, said the offer was "consistent with APN's desire to have [a] smaller suite of growth assets", adding "this is ongoing work". According to Australian Financial Review, an APNspokesman said:"We don't comment on speculation".

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