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Additionally, the company leases two channels on Sirius XM Satellite Radio, and has expanded its online presence through the i Heart Radio platform. also specializes in outdoor advertising through subsidiary Clear Channel Outdoor Holdings, Inc.
The name "Clear Channel" came from AM broadcasting, referring to a channel (frequency) on which only one station transmits. S., clear-channel stations have exclusive rights to their frequencies throughout most of the continent at night, when AM signals travel far due to skywave.
The company's new name is intended to reflect its growing digital business.
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Hicks, Muse, Tate & Furst owned 59 percent of Capstar, with 355 stations in 83 markets, and was the largest single owner of Chancellor (which had 108 stations in 22 markets), with 15 percent of the stock.
Chancellor Media later became AMFM Inc., which was acquired by Clear Channel in a deal announced October 3, 1999, and valued at $17.4 billion.
The resulting company would own 830 radio stations, 19 television stations, and over 425,000 outdoor displays in 32 countries.
In 2005 Clear Channel Communications split into three separate companies.
An examination of the biblical creation story of Genesis in light of recent scientific discoveries.