ABC AND CLEAR CHANNEL MEDIA AND ENTERTAINMENT JOIN THE POWER OF TV AND RADIO IN NEW MULTI-FACETED PARTNERSHIP

Clear Channel's New "iHeartRadio Talk" Will Be the Exclusive Digital Radio Platform For ABC Content from America's No. 1 Morning Show "Good Morning America" To "Jimmy Kimmel Live" and "The View"

iHeartRadio to Help Select Talent for "Good Morning America's" 2014 Summer Concert Series Lineup; Introducing iHeartRadio DJ on "Good Morning America"

NEW YORK, NY: July 24, 2013 -- ABC and Clear Channel Media and Entertainment today announced a multi-faceted partnership that combines the power of TV and radio to deliver innovative and compelling content to iHeartRadio listeners. The partnership will bring top ABC News and entertainment programming to Clear Channel's newly launched iHeartRadio Talk feature, which includes ABC News, "Nightline," "20/20," "This Week with George Stephanopoulos" and exclusive content from "Good Morning America," plus highlights from "Jimmy Kimmel Live" and "The View." iHeartRadio has a finger on the pulse of the most talented music acts in the country and will help select talent for "Good Morning America's" 2014 Summer Concert Series. In addition, ABC will regularly showcase top iHeartRadio DJs on "Good Morning America."

The agreement delivers on ABC's dedication to expanding its network and channel brands across multiple platforms while connecting viewers with some of their favorite ABC shows via iHeartRadio, Clear Channel's industry-leading digital radio platform. Through the new iHeartRadio Talk feature, launching today in beta, each show will have a dedicated show page featuring the best highlights on-demand. In addition, "Good Morning America" will produce exclusive extras.

Under this multi-year deal iHeartRadio will become ABC's premier digital radio partner for "Good Morning America," "Jimmy Kimmel Live" and "The View," and will be instrumental in identifying the hottest up-and-coming and established artists for "Good Morning America's" 2014 Summer Concert Series --- as well as providing the iHeartRadio DJ on "Good Morning America" beginning this fall.

"We're excited to partner with ABC and to offer them the ability to expand their powerful brands and content across new platforms, taking advantage of the incredible reach of our radio and digital assets to generate massive awareness for their consumers," said John Hogan, Chairman and CEO of Clear Channel Media and Entertainment. "This partnership also emphasizes the value that ABC and Clear Channel place on innovative new relationships that further engage consumers by giving them the content they crave -- and the mobility and convenience that they want."

"We are proud to kick off our partnership with Clear Channel by joining iHeartRadio, and we look forward to delivering unique ABC content to iHeartRadio listeners, anytime, anywhere," said Ben Sherwood, President of ABC News.

"Our collaboration with Clear Channel will expand ABC's unmatched content to loyal viewers in the digital audio space while attracting iHeartRadio's dedicated listeners to ABC's top programs, including 'Good Morning America,'" said Steve Jones, Vice President and General Manager of ABC Radio. "This new partnership opens up incredible possibilities for cross promotion across radio and television as we work with Clear Channel to develop the 2014 'Good Morning America' Summer Concert Series lineup and this fall's iHeartRadio DJ on 'Good Morning America.' "

Highlights Include:

· iHeartRadio Talk is the Exclusive Digital Radio Platform for ABC's "Good Morning America," "Jimmy Kimmel Live" and "The View:" In addition to ABC News short-form content including U.S., business, technology, political and international news and audio editions of "Nightline," "20/20," "World News with Diane Sawyer" and "This Week with George Stephanopoulos," iHeartRadio Talk will be the only digital radio platform on which listeners can hear highlights from "Good Morning America," "The View" and "Jimmy Kimmel Live." ABC will also create exclusive content for iHeartRadio Talk from "Good Morning America's" contributors and guests.

· iHeartRadio/ "Good Morning America" (GMA) Integration: iHeartRadio will provide a weekly iHeartRadio DJ on "Good Morning America" segments beginning this fall. The weekly segment will feature an iHeartRadio DJ spinning hits in front of a studio audience and live on "Good Morning America." ABC and Clear Channel will also work together to book artists for the highly anticipated "Good Morning America" 2014 Summer Concert Series.

· Cross Platform Promotion: Clear Channel Media and Entertainment will feature ABC shows in a nine-week fall promotional campaign and a nine-week spring promotional campaign, including digital, social, mobile and on-air promotion. ABC will promote "Good Morning America on iHeartRadio Talk" on its Times Square, New York Jumbotron throughout the partnership and via its ABC digital properties.

About Clear Channel Media and Entertainment

With 243 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.

Like us on Facebook at facebook.com/iHeartRadio

Follow us on Twitter at twitter.com/iHeartRadio

About ABC News

ABC News delivers a big picture understanding of the world to empower and inspire viewers to make confident decisions for themselves and their families. More people get their news from ABC News than from any other source. ABC News is responsible for all of the ABC Television Network's news programming on a variety of platforms: television, radio and the Internet. With an average television and radio audience of 180 million people in a given month, ABC News surpasses the competition. More than 1,800 affiliate stations broadcast ABC News Radio's global news coverage, entertainment reporting and over 500 radio stations publish ABC Radio's digital content. In addition, ABC News NOW is a 24-hour news and information network currently available to 44 million users across cable, broadband, and mobile platforms. NewsOne, the affiliate news service of ABC News, provides live and packaged news, sports, and weather reports, as well as footage of news events, to 200 ABC affiliates and more than 30 domestic and international clients.

Like us on Facebook at facebook.com/abcnews

Follow us on Twitter at twitter.com/ABC

About ABC

Formed in 2009, the ABC Entertainment Group, comprised of ABC Entertainment and ABC Studios, develops and produces compelling programming across all day parts for both national and international broadcast and digital platforms, as well as for national syndication. ABC Studios' current hits include "Army Wives" (Lifetime), "Castle," "Cougar Town" (TBS), "Criminal Minds" (CBS), "Grey's Anatomy," "Nashville," "Once Upon a Time," "Perception" (TNT), "Revenge" and "Scandal." The ABC Television Network is also home to the Emmy-winning "Modern Family" and comedy favorite "The Middle"; reality phenomenon "Shark Tank" and long-running hit "Dancing with the Stars"; "General Hospital," which just celebrated its 50th anniversary on the network, along with daytime talk shows "The View," "Katie" and "The Chew"; and Jimmy Kimmel Live, which successfully launched its new 11:35 p.m. time period earlier this year. The network also boasts some of television's most prestigious awards shows, including The Academy Awards(R), the Country Music Awards, The American Music Awards and The Billboard Music Awards.