5/9/2023 0 Comments Iheart 70sOn September 16, 2014, CC Media Holdings, Inc. As a result of this buyout, Clear Channel Communications, Inc., began to operate as a wholly owned subsidiary of CC Media Holdings, Inc. Lee Partners through a leveraged buyout in 2008. "Red" McCombs in 1972, and later taken private by Bain Capital and Thomas H. (formerly Clear Channel Communications, Inc.), a company founded by Lowry Mays and B. It is the holding company of iHeartCommunications, Inc. IHeartMedia, Inc., formerly CC Media Holdings, Inc., is an American mass media corporation headquartered in San Antonio, Texas.
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