CCE Announces Spin-Off From CCC

(CelebrityAccess MediaWire) — Clear Channel Communications announced that it plans to officially spin-off it’s live entertainment division, temporarily named CCE Spinco, Inc.

The new name will be selected prior to the spin-off. The new company will hold substantially all of the entertainment business of Clear Channel Communications consisting of global music, global theater, sports representation and motor sports businesses.

The spin-off announcement coincides with Clear Channel Outdoor Holdings, Inc., the outdoor advertising subsidiary of CCC, filing their IPO with the Securities and Exchange Commission today. –by CelebrityAccess Staff Writers

Related Post