The nation’s largest radio and outdoor advertising company has a new boss: Clear Channel Media Holdings announced late Sunday that it has named Bob Pittman (currently a CC Media Holdings
investor and chairman of media and entertainment platforms) to be chief executive officer. Pittman will join the board of directors for CC Media Holdings, Clear Channel Communications, and Clear
Channel Outdoor Holdings, Inc. (in the last instance as executive chairman). Pittman founded MTV in 1981 and was CEO of AOL during the ill-fated merger with Time Warner, before resigning as chief
operating officer of AOL/Time Warner in April 2002.