iHeartMedia 2004 Annual Report Download - page 11

Radio Broadcasting
In addition to the radio stations listed above, our radio broadcasting segment includes a national radio network that produces or distributes
more than 100 syndicated radio programs and services for more than 5,000 radio stations including Rush Limbaugh, Fox Sports Radio and
A
merican Top-40 Countdown with Casey Kasem, which are three popular radio programs in the United States. We also own various sports,
news and agriculture networks.
11
Radio Outdoor Live
Market Broadcasting Advertising Entertainment
Market Rank* Stations Display Faces Venues
Hong Kong (b) n/
a
Indi
a
n/
a
400
Irelan
d
n/
a
6,058 1
Italy (b) n/a 18,295
Korea (b) n/
a
Mexico (a) n/
a
4,298
Norway (b) n/
a
10,187
Peru n/
a
2,586
Poland n/
a
12,547
Singapore n/
a
3,419
South Africa (b) n/a
Spain n/
a
28,805
Sweden n/
a
26,352 1
Switzerland n/
a
14,212
Thailand (b) n/
a
Turkey n/
a
4,268
United Kingdom n/
a
62,879 25
Small transit displays (d) n/a 255,287
Total 1,189(a) 823,580(b) 104(c)
* Per Arbitron Rankings for Fall 2004 as of January 6, 2005
(a) Excluded from the 1,189 radio stations owned or operated by us are 19 radio stations programmed pursuant to a local marketing
agreement or a joint sales agreement (FCC licenses not owned by us), 11 radio stations programmed by another party pursuant to a local
marketing agreement or a joint sales agreement (FCC licenses owned by us) and six Mexican radio stations that we provide
programming to and sell airtime under exclusive sales agency arrangements. Also excluded are radio stations in Australia, New Zealand
and Mexico. We own a 50%, 50% and 40% equity interest in companies that have radio broadcasting operations in these markets,
respectively.
(b) Excluded from the 823,580 outdoor display faces owned or operated by us are display faces in China, Hong Kong, Italy, Korea, Norway,
South Africa and Thailand. We own a 48%, 50%, 35%, 30%, 50%, 50% and 32.5% equity interest in companies that have outdoor
advertising operations in these markets, respectively.
(c) Venues include 53 theaters, 39 amphitheaters, nine clubs and three arenas. Of these 104 venues, we own 37, lease 46 with lease
expiration dates from June 2005 to November 2058, lease four with lease terms in excess of 100 years and operate 17 under various
operating agreements.
Excluded from the 104 live entertainment venues owned or operated by us are eight venues in which we own a non-controlling interest
and 20 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.