iHeartMedia 2001 Annual Report Download - page 14

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14
Excluded from the 96 live entertainment venues owned or operated by Clear Channel are 16 venues
in which we own a non-controlling interest and 23 venues with which we have a booking,
promotions or consulting agreement.
(d) Small transit displays are small display faces on the interior and exterior of various public
transportation vehicles.
Below is a discussion of our operations within each segment that are not presented in the above
table.
Radio Broadcasting
In addition to the radio stations listed above, our radio broadcasting segment includes a national
radio network that produces more than 100 syndicated radio programs for more than 7,800 radio stations
including Rush Limbaugh, The Dr. Laura Show and The Rick Dees Weekly Top 40, which are three of the
top rated radio programs in the United States. We also own various sports, news and agriculture
networks.
Live Entertainment
In addition to the live entertainment venues listed above, our live entertainment segment
produces and presents touring and original Broadway & Family shows. Touring Broadway shows are
typically revivals of previous commercial successes or new productions of theatrical shows currently
playing on Broadway in New York City. We invest in original Broadway productions as a lead producer or
as a limited partner in productions produced by others. The investments frequently allow us to obtain
favorable touring and scheduling rights for the production that enables distribution across the presenter’s
network.
Other
Television
As of December 31, 2001, we owned, programmed or sold airtime for 19 television stations. Our
television stations are affiliated with various television networks, including ABC, CBS, NBC, FOX,
UPN, PAX and WB.
Media Representation
We own the Katz Media Group, a full-service media representation firm that sells national spot
advertising time for clients in the radio and television industries throughout the United States. Katz
Media is one of the largest media representation firms in the country, representing over 2,400 radio
stations, 370 television stations and growing interests in the representation of cable television system
operators.
Sports Representation
We operate in the sports representation business. Our full-service sports marketing and
management operations specialize in the representation of professional athletes, integrated event
management, television programming/production, and marketing consulting services. Among our clients
are several hundred professional athletes, including Michael Jordan, Kobe Bryant (basketball), Roger
Clemens (baseball), Greg Norman (golf), Andre Agassi (tennis), Jerry Rice (football) and David
Beckham (soccer – UK).