The reputed media capital of the world is furthering that
reputation with the announcement that eight radio stations will set
up shop in the city.
An agreement between Clear Channel Communications, Inc. and M.
David Paul Associates will move the former’s eight Los Angeles-area
radio stations into the Pinnacle building, in the heart of Burbank’s
The stations, including Burbank’s KIIS-FM (102.7), KYSR-FM (98.7)
and KHHT-FM (92.3), which are already at 3400 W. Riverside Drive,
will move into the state-of-the-art building at 3400 Olive Ave.
during the next year and a half.
“It will be a lot easier for cooperation when all the stations are
in the same location,” said Charlie Rahilly, who heads California
radio operations for Clear Channel. “And we think the Media District
is a great place to be.”
The consolidation has an estimated worth of $2 billion, and San
Antonio-based Clear Channel is leasing the 95,000-square-foot office
space for $45 million throughout its 12-year duration. More than 400
employees will be relocated.
KOST-FM (103.5) and KBIG-FM (104.3) will join the three Burbank
stations in moving in to the new headquarters. The three AM stations
are KFI-AM (640), KXTA-AM (1150) and KLAC-AM (570). Rahilly said each
will be equipped with its own broadcasting facilities and studios for
production, commercial and other uses.
“It’s a relatively smart building fit for our technological needs
with such [amenities] as high-speed Internet access,” he said. “Its
also adjacent to such places as ABC and NBC and is convenient for our
workforce to get anywhere in the city easily.”
City officials in Glendale, however, are viewing Burbank’s gain as
“We’re always disappointed when anyone leaves,” said Jeanne
Armstrong, the director of Glendale’s Development Services. “The city
prides itself on having a mix of businesses downtown that gives it a
good balance, and the fact that we had radio stations added to that
Location is what ultimately led Clear Channel to choose Burbank,
with its proximity to other important media hubs such as film
studios. But Rahilly said the move won’t act as a catalyst for any
new business strategies -- it will just allow the stations to operate