Clear Channel Media and Entertainment
POWER MOVE: Unprecedented size and scale, and a commitment to staying nimble enough to connect 239 million listeners with music that makes them fans.
THE RUNDOWN: At the country’s largest broadcasting company, responsibilities seem split between the two leading executives. Clear Channel CEO Robert Pittman (No. 12) frequently represents the company to the ad industry and shareholders, while chairman/CEO John Hogan mostly ensures that the product provides compelling content to the 239 million listeners who tune in each month to its 850 stations and digital platforms.
“No one has ever had the size and scale that Clear Channel has,” Hogan says. And the company has set some lofty goals. “We want to be the very best media and entertainment company in the world,” he adds. This comes at a time when the media environment is constantly evolving. “That’s the biggest challenge and what keeps it fun.”
But Hogan, who insists that he primarily just helps the people on his team excel at their jobs, believes the key is never losing sight of the only thing that hasn’t changed: “It’s still all about the connection between the artist and the fan,” he says. “We just have to stay flexible and nimble enough to take advantage of all the different distribution platforms so we can help connect them.”