UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C., 20549
Form 8-K
Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): 04/29/2005
CLEAR CHANNEL COMMUNICATIONS INC
(Exact Name of Registrant as Specified in its Charter)
Commission File Number: 001-09645
TX 74-1787539
(State or Other Jurisdiction of (I.R.S. Employer
Incorporation or Organization) Identification No.)
200 E. Basse
San Antonio, TX 78209
(Address of Principal Executive Offices, Including Zip Code)
210-822-2828
(Registrant's Telephone Number, Including Area Code)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17CFR240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act(17CFR240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act(17CFR240.13e-4(c))
Items to be Included in this Report
Item 7.01. REGULATION FD DISCLOSURE
The following information, including Exhibits 99.1 and 99.2, is furnished under
Item 7.01, "Regulation FD Disclosure". This information shall not be deemed
"filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as
amended (the "Exchange Act"), or incorporated by reference in any filing under
the Securities Act of 1933, as amended, or the Exchange Act, except as shall be
expressly set forth by specific reference in such filing.
On April 29, 2005, the registrant issued a press release announcing a planned
strategic realignment of its businesses to enhance shareholder value. Also on
April 29, 2005, the registrant issued a press release addressing questions and
answers associated with the planned strategic realignment.
The press releases are attached hereto as Exhibits 99.1 and 99.2.
Item 9.01. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
99.1 Press Release of Clear Channel Communications issued April 29,
2005 Announcing Planned Strategic Realignment of its Business to
Enhance Shareholder Value
99.2 Press Release of Clear Channel Communications issued April 29,
2005 Addressing Questions and Answers Regarding the Planned Strategic
Realignment
Signature(s)
Pursuant to the Requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this Report to be signed on its behalf by the
Undersigned hereunto duly authorized.
CLEAR CHANNEL COMMUNICATIONS, INC.
Date: April 29, 2005 By: /S/ HERBERT W. HILL, JR.
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Herbert W. Hill, Jr.
Sr. Vice President/Chief Accounting Officer
INDEX TO EXHIBITS
99.1 Press Release of Clear Channel Communications issued April 29, 2005
Announcing Planned Strategic Realignment of its Business to Enhance Shareholder
Value
99.2 Press Release of Clear Channel Communications issued April 29, 2005
Addressing Questions and Answers Regarding the Planned Strategic Realignment