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Home > Company Index > Leisure > Miscellaneous Entertainment > Clear Channel Entertainment
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Clear Channel Entertainment |
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NEWS FROM THE STANDARD |
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Out With the New, In With the Old
Nov 20 2000 12:00 AM PST
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Nov 17 2000 12:00 AM PST
Broadcast.com's Insta-Billionaire to Start Music Label
Jul 21 2000 07:08 AM PDT
World Online's Excellent Adventure
Mar 27 2000 12:00 AM PST
The New Jerry Maguires
Nov 11 1999 12:00 AM PST
PROFILE |
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Clear Channel Entertainment (CCE) holds center stage as the world's largest producer and promoter of live entertainment. Formerly SFX Entertainment (a spinoff of SFX Broadcasting), the company owns, leases, or manages 135 venues in 31 cities and produces concerts, touring Broadway shows, and sports events. It operates internationally in Canada and Europe. In addition, CCE provides sports marketing and talent representation services. CCE has spent nearly $2 billion on acquisitions (PACE Entertainment, Livent, Apollo Leisure, International Hot Rod Association), almost single-handedly consolidating the live entertainment industry. Clear Channel Communications bought the company in 2000 for about $4 billion.
COMPETITION |
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Feld Entertainment, Inc. (dossier)
HOB Entertainment Inc. (dossier)
The Walt Disney Company (DIS)
DEALS |
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Deal: SFX Entertainment Invests in UltraStar
Date Announced: 12.21.99
Value of transaction (US $Mil): 0
Description: Live entertainment company takes minority stake in entertainment community/commerce site network co-founded by David Bowie.
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
1999 Sales (mil.): 1,679.50
1-Yr. Sales Growth: 89.9%
Employees: 2,700
Revenue per employee: $622,037.04
KEY PEOPLE |
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Brian Becker
CEO
Ed Stacey
CFO
CONTACT INFO |
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650 Madison Ave., 16th Fl.
New York, NY 10022
US
Phone: 212-838-3100
Fax: 212-750-6692
Online: Web Site
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