Clear Channel Changes Its Name

A BROADCASTER BY ANY OTHER NAME: Clear Channel Radio has officially changed its name to Clear Channel Media and Entertainment, to signal its expansion into “music, news, talk, sports and other content to diverse audiences across multiple platforms, including broadcast stations, online, iHeartRadio, HD digital radio channels, satellite, smartphones, iPads and other tablets, in-vehicle entertainment, navigation systems and live events.” "Over the last few years, I've watched as Clear Channel Radio has pushed beyond the traditional boundaries of radio to reach more Americans every month than any other media company through an unmatched combination of broadcast, satellite, online and mobile assets," said CEO Media and Entertainment Bob Pittman, who announced that $10,985,176 has been allocted for new business cards. In related news, HITS is no longer being called a magazine, but a “surface for rolling joints.” (1/13p)