overview

holdings

landmarks

     landmarks

This chronology is indicative only.

Context is provided by the broader communications and media timeline on this site.

1972 San Antonio Broadcasting Company acquires KEEZ-FM for US$125,000

1973 Concert Productions International (CPI) founded by Michael Cohl

1975 buys WOAI-AM

1982 Mean Fiddler founded by Vince Power

1986 San Antonio Broadcasting goes public as Clear

1989 creates sports division, Clear Channel Sports, for radio rights to broadcast certain NCAA sports events

1989 Mean Fiddler begins promoting the Reading Festival

1990 Mean Fiddler launches The Fleadh music festival

1992 House of Blues (later Hob Entertainment) founded

1993 Steven Hicks founds SFX Broadcasting

1996 Steve Hicks leaves SFX Broadcasting, forms Capstar Broadcasting with HMTF

1997 Capstar buys SFX Broadcasting (71 stations) for US$2.1bn

1997 Robert F X Sillerman, executive chair of SFX Broadcasting, founds SFX Entertainment

1998 Chancellor buys Capstar stations, becomes AMFM Inc radio station chain

1999 Clear pays US$23.5bn for AMFM, taking portfolio to over 900 stations

1999 Mean Fiddler starts promoting the Homelands Festival

1999 HOB buys network of amphitheaters from Seagram for US$190m

2000 Mean Fiddler acquires LA2

2000 Clear buys SFX Entertainment for US$4.4bn

2001 Ackerley sells Seattle SuperSonics NBA franchise for US$200m to Seattle group led by Starbucks' Howard Schultz

2001 Clear buys Milani Concerti and Trident Agency in Italy

2002 sells Hispanic Broadcasting to Univision for US$3.5bn

2002 Mean Fiddler takes operational control of Glastonbury Festival

2005 Mean Fiddler acquired by Hamsard (50.5% held by Clear)

2005 Clear announces plans to spin off entertainment unit (SFX/Clear Channel Entertainment) and sell 10% stake in outdoor ad unit

2005 spins off entertainment unit as CCE Spinnco (Live Nation from 2006)

2006 Live Nation sells some LA sports representation assets to agent Arn Tellem

2006 sells interests in several large-scale theatre projects to production company BASE Entertainment (inc Planet Hollywood Las Vegas, partnership interests in Andrew Lloyd Webber's Phantom - The Las Vegas Spectacular and touring property Cirque de Soleil/Delirium with Cirque de Soleil American)

2006 buys controlling interest in touring division of CPI and 50% interest in Grand Entertainment division of CPI

2006 Live Nation buys HOB Entertainment (operator of the House of Blues clubs and third largest US live entertainment promoter) for US$350m

2007 Live Nation agrees to acquire concert T-shirt manufacturer Signatures Network for US$79m

2007 sells its share in Chicago joint venture to the Nederlander Organization for US$60m

2008 sells most of its North American theater business (inc Broadway Across America touring network) to John Gore's Key Brand Entertainment for US$90.4m

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