The Federal Communications Commission (FCC) and Clear Channel Communications (CCC) have reached a record-setting settlement of about $1.75 million that will clear all indecency complaints against the

The Federal Communications Commission (FCC) and Clear Channel Communications (CCC) have reached a record-setting settlement of about $1.75 million that will clear all indecency complaints against the radio giant, according to a source.

The settlement includes penalties to be lodged against CCC stations for syndicating indecent programming by shock jock Howard Stern on April 3, 2003.

FCC officials did not return phone calls this morning. The announcement was not posted on the FCC's home page, www.fcc.gov. A CCC rep was not available.

The settlement is reportedly the largest ever negotiated between the FCC and a broadcast company.

Earlier this year, San Antonio, Texas-based Clear Channel also agreed to pay the FCC a $755,000 fine for indecent programming on the "Bubba the Love Sponge" program broadcast on CCC's WXTB Tampa, Fla., and other stations.

CCC removed Stern from six of its 1,200-plus stations after the FCC proposed fines of $495,000 for the April show. In that enforcement action, the FCC for the first time cited a broadcast station for multiple violations in a single broadcast, rather than simply issuing a single fine for an entire show.

CCC says in a statement, "While we can't comment on today's media reports, Clear Channel is committed to responsible broadcasting and continues to work with the FCC and our on-air talent to ensure our broadcasts do not violate indecency laws. Our broadcasts are crucial platforms for free speech and we embrace that responsibility and privilege. We are confident that we can provide compelling, entertaining and informative programming without being indecent."