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Los Angeles – July 11, 2011 – Clear Channel Radio today announced the iHeartRadio Music Festival, a two-day music event hosted by Ryan Seacrest that will mark the biggest live concert festival in radio history.

The extraordinary line-up will include: Lady Gaga, Coldplay, Alicia Keys, Steven Tyler, The Black Eyed Peas, Kenny Chesney, Jennifer Lopez, Carrie Underwood, Jane’s Addiction, Nicki Minaj, John Mayer, David Guetta, Rascal Flatts, Bruno Mars, Kelly Clarkson, Sublime with Rome and special performances from Usher and Sting, with more to be announced.

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This diverse array of the greatest names in music will appear on one stage at the MGM Grand in Las Vegas on two consecutive nights, September 23 and 24, to celebrate the official launch of the New iHeartRadio, Clear Channel’s free, industry-leading digital radio product that will combine its more than 750 broadcast radio and digital-only stations from 150 cities with the ability to create custom stations, delivering listeners everything they want all in one fully integrated service.

“Music is the heart of our business and we think there is no better way to celebrate the launch of the New iHeartRadio than with a groundbreaking, multi-day festival featuring the world’s biggest, most exciting artists – and reaching the largest combined U.S. radio and online audience ever. This underscores Clear Channel’s transformation to a dynamic integrated media and entertainment company with an unmatched reach in the U.S.,” said Bob Pittman, Chairman of Media and Entertainment Platforms for Clear Channel Radio. “The New iHeartRadio will offer users a much broader, more integrated and customized digital listening experience than any other service available – and it’s all in one product.”

“Building up to the festival, we will be presenting the biggest national promotion in radio history,” said John Hogan, President and CEO of Clear Channel Radio. “All 850 Clear Channel radio stations, spanning diverse music formats, introduced millions of listeners across the country to this historic music event. The majority of our stations will also feature exclusive radio and digital content including exclusive artist interviews and ticket giveaways. The announcement of the event alone has set new records. It’s the first announcement ever to roadblock all Clear Channel Radio platforms and the teasers and the announcement have reached an estimated 100 million people.”

Live audio and video streams of the iHeartRadio Music Festival will be available online, via mobile devices at and across all of Clear Channel's radio station websites. Throughout the summer-long promotion hundreds of listeners will win a dream trip to Vegas to converge with thousands of fans across the country and experience this one-of-a-kind, two-day festival at the legendary MGM Grand in Las Vegas. Promotion of the event kicked off this morning with a simultaneous roadblock announcement by all 850 Clear Channel Radio stations nationwide, their websites and iHeartRadio, providing instant awareness and showcasing a new vehicle for announcing news and products to an unprecedented number of U.S. consumers.

“This is a once in a generation gathering of artists and fans from all over the country for a true, must-see music event,” said Ryan Seacrest, Host of American Idol and Clear Channel Radio Personality. “The iHeartRadio Music Festival, like the iHeartRadio digital radio service, will showcase top artists across all genres of music. Listeners from all over America will travel to Las Vegas to celebrate the next generation of iHeartRadio, while seeing the greatest musicians in the world on one stage.”

With more than 45 million listening hours a month from its 27 million unique website visitors and 30 million downloads of the iHeartRadio mobile application, Clear Channel is already one of the most popular digital music destinations. iHeartRadio currently offers more than 750 of America’s favorite radio stations from 150 cities and commercial-free, digital-only music, talk and comedy stations.

The New iHeartRadio will deliver to users the nation’s most popular broadcast radio stations as well as the ability to create custom stations with even more songs, more control than the leading custom radio station services and with no commercials through the end of the year, offering listeners everything they want digitally in one fully integrated service – free.

Details on how to purchase the exclusive pre-sale tickets for the iHeartRadio Music Festival are available at facebook.com/iHeartRadio beginning July 11 at 8:15 a.m. ET. Tickets will also be available to the general public for purchase beginning July 16 at 1:00 p.m. ET by visiting iHeartRadio.com and entering keyword “Vegas.” The iHeartRadio Music Festival is a Clear Channel Entertainment Production. For more information visit iHeartRadio.com.

iHeartRadio is available on the web at iHeartRadio.com and on iPhone, iPod Touch, Android, Windows Phone 7, Blackberry, iPad and HP TouchPad.

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Artists and/or event subject to change or cancellation without notice.

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Contact:

Angel Aristone

Clear Channel Radio

212-377-7802

AngelAristone@clearchannel.com

Shira Mahler

Clear Channel Radio

212-377-7898

ShiraMahler@clearchannel.com