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Clear Channel flips its name to iHeartMedia
Clear Channel flips its name to iHeartMedia

Clear Channel, the nation's biggest radio station owner, is broadcasting a new signal to listeners and advertisers. The San Antonio-based media company, owner of 840 radio stations, has changed its name to iHeartMedia, after its iHeartRadio online network that lets people listen to the likes of Ryan Seacrest and Rush Limbaugh over the Web. The name "Clear Channel" is a true throwback to a different media era. It comes from a term for a particular type of AM radio station, an old-fashioned reference in the age of Internet music companies such as Pandora, Spotify and Beats Music. Clear Channel, which was taken over by private equity companies Bain Capital LLC and...