WASHINGTON D.C. - Mark P. Mays, President and Chief Executive Officer of Clear Channel Communications, spoke at The Progress & Freedom Foundation's latest CEO Luncheon on October 3rd at the Mandarin Oriental Hotel in Washington, D.C. Mays discussed the future of the radio marketplace in a world of increased media competition, "localism" in radio broadcasting, media ownership regulations, indecency regulations and public interest mandates that are apply specifically to broadcast media. The luncheon address was followed by a panel discussion featuring Mays and several distinguished media industry analysts.
Mays was appointed in 1996 as President and CEO of Clear Channel Communications, a global corporation with a presence in 63 countries and holdings including more than 1200 radio stations and 35 television stations. Other positions previously held at Clear Channel by Mays include Senior Vice President of Operations as well as Vice President and Treasurer. As President and CEO, May oversees the operations of Clear Channel Radio, TV, Outdoor and Entertainment divisions. Mays is also responsible for adopting the company's current strategy of cross market and cross platform initiatives, adapting Clear Channel to the modern media environment. Prior to joining Clear Channel, Mays worked for Eppler, Guerin & Terner, an investment-banking firm, and for CapCities, a broadcast company now owned by Disney.
In addition to his leadership role at Clear Channel Communications, Mays currently sits on the Radio Board of the National Association of Broadcasters.
Following Mays' address, media industry analysts participated in a question and answer session that further addressed such topics as media ownership, competition and indecency regulations. Panelists included Blair Levin, Managing Director and Telecom and Media Analyst, Legg Mason; Paul Gallant, Vice President and Sr. Media Analyst, Stanford Washington Research Group; and Christopher Stern, Senior Analyst, Medley Global Advisers.
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