Clear Channel Outdoor Appoints Marty Shapiro to Vice President, General Sales Manager of New York

PHOENIX--(BUSINESS WIRE)-- Clear Channel Outdoor Holdings, Inc. (NYSE:CCO), today announced the appointment of Marty Shapiro as Vice President, General Sales Manager for the New York branch, effective immediately. Reporting to Harry Coghlan, President and General Manager of the New York division, Shapiro will be responsible for Clear Channel Outdoor's inventory throughout New York's five boroughs, Westchester County, Hudson Valley and the New Jersey Digital Outdoor Network.

"We are very excited to have someone with Marty's long and diverse media sales background join the Clear Channel Outdoor team," said Coghlan. "His experience and expertise will help take the New York branch to the next level."

"I am thrilled to be joining the out-of-home industry at a time when audience measurement is undergoing such a revolutionary change, especially with the advent of Eyes On, which will surely become the game changer for this industry. I look forward to working with such a stellar team of professionals here at Clear Channel Outdoor," said Shapiro.

Prior to joining Clear Channel Outdoor, Marty served as Senior Vice President of International Sales for Petry Media and Managing Director of Petry Sports & Entertainment, where he developed its international rep business and created the Sports & Entertainment practice. Previously, he spent almost a decade at CNN International in the role of Vice President for North American ad sales, where he oversaw ad sales, marketing and research for all of CNN's international networks, websites and digital properties.

Before he joined the international media community, Marty held a long and prestigious career in sports sponsorship sales that include Madison Square Garden, Florida's Sunshine Sports and Ted Turner's 1998 Goodwill Games. Shapiro has served four years as Chairman of the International Advertising Association (IAA) Global Marketing Summit and is currently a member of the board of directors of the New York chapter of the IAA. He graduated with a B.S. in political science at Colgate University and received a M.S. in sports management at Adelphi University.

About Clear Channel Outdoor

Clear Channel Outdoor (NYSE:CCO) is the world's largest outdoor advertising company with close to one million displays in over 50 countries across 5 continents. In the United States, the company operates over 200,000 advertising displays and has a presence in 48 of the top 50 Designated Market Areas. It also operates airport, rail, and mall advertising businesses worldwide. Its Spectacolor (U.S.) and DEFI (international) divisions are the global market leaders in spectacular sign displays, including in New York's Times Square. Clear Channel Adshel is the company's international street furniture division, which operates over 3,500 municipal advertising contracts worldwide. Clear Channel Outdoor also operates digital displays and networks in most of its divisions. More information may be found by visiting www.clearchanneloutdoor.com

Certain statements in this release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.

    Source: Clear Channel Outdoor

Released May 24, 2010