Davenport, Iowa - February 13, 2012 - Clear Channel Media and Entertainment Eastern Iowa today announced that Jeff Ashcraft has been named Vice President and Market Manager, effective immediately. Ashcraft oversees the daily operations of the Davenport, Cedar Rapids and Iowa City markets.

As Vice President and Market Manager for Eastern Iowa, Ashcraft is responsible for recruiting and developing market teams and revenue strategies. He leverages Eastern Iowa's programming resources throughout the region and company to create the best listening experiences for the audience and solutions for advertisers. Ashcraft also serves as a Clear Channel Ambassador, overseeing the company's engagement in Eastern Iowa's communities.

"Jeff has a proven ability to lead and has demonstrated that for the last six years in Davenport," said Matt Martin, Senior Vice President of Operations - West Region, Clear Channel Media and Entertainment. "We are excited to leverage his talents across these three Eastern Iowa markets. This is great next step for all of us."

Ashcraft has been with Clear Channel Media and Entertainment since 2005, serving as Director of Sales and National Sales Manager for the Davenport market. He successfully developed the sales staff into a cohesive team creating several new revenue generating projects while implementing strategies that resulted in gross sales growth. Prior to Clear Channel, Ashcraft was a Vice President for Institutional Advancement at Marycrest International University and the Regional Corporate Communications Manager for MidAmerican Energy Company.

About Clear Channel Media and Entertainment:
With 238 million monthly listeners in the U.S., Clear Channel Media and Entertainment has the largest reach of any radio or television outlet in America. Clear Channel Media and Entertainment serves 150 cities through 850 owned radio stations. The company's radio stations and content can be heard on AM/FM stations, HD digital radio channels, Sirius/XM satellite, on the Internet at iHeartRadio.com and on the company's radio station websites, on the iHeartRadio mobile application on iPads and smartphones, and used via navigation systems from TomTom, Garmin and others. The company's operations include radio broadcasting, online and mobile services and products, live concerts and events, syndication, music research services and independent media representation. Clear Channel Media and Entertainment is a division of CC Media Holdings, Inc. (OTCBB: CCMO), a leading global media and entertainment company. More information on the company can be found at clearchannel.com, clearchanneloutdoor.com and ccmediaholdings.com.

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