COMPANY BACKGROUNDER

Premiere Networks, a subsidiary of Clear Channel Media and Entertainment, syndicates 90 radio programs and services to more than 5,000 radio affiliations and reaches over 190 million listeners weekly. Premiere is the number one audio network in the country and features the following personalities: Rush Limbaugh, Jay Mohr, Ryan Seacrest, Glenn Beck, Bob & Tom, Delilah, Steve Harvey, Blair Garner, Dan Patrick, George Noory, John Boy and Billy, Sean Hannity, Elvis Duran, Pat O'Brien, Randi Rhodes, Kane, Nikki Sixx, Andy Dean, Mario Lopez and others. Premiere is based in Sherman Oaks, California, with 13 offices nationwide.

Founded in 1987, Premiere began in Los Angeles with a $30,000 investment. Within the first year, the company produced three shows and recorded advertising billings of $2.1 million with approximately 250 affiliates. Today, Premiere produces 90 programs with annual billings in excess of $330 million.

Premiere purchased Mediabase in 1991. This research component of Premiere monitors music on more than 1,800 radio stations in 180 U.S. and Canadian markets, 24 hours a day, seven days a week. In addition to providing vital airplay information to the music industry, the company provides its research to nearly 1,700 affiliate radio stations on a barter subscription basis.

In 2000, Premiere Networks entered a long-term licensing and programming agreement with FOX Sports for the launch of The FOX Sports Radio Network. All entities combined their considerable resources to develop this turnkey, personality driven and caller intensive programming opportunity for radio stations nationwide. With studios also in New York, Chicago, Philadelphia, Tampa, Phoenix, Cincinnati and Las Vegas, the FOX Sports Radio Network can be heard on more than 400 stations, as well as FOXSports.com on MSN, XM Channel 169 and iHeartRadio.

MILESTONES

June, 1997 - Premiere along with EFM Media, producer of The Rush Limbaugh Show and The Dr. Dean Edell Show, was purchased by Jacor Communications.

Sept., 1997 - Premiere purchased The Dr. Laura Program. Dr. Laura was also the first woman to win the Marconi award.

June, 1998 - Premiere made network radio history as the first syndication company to offer RADAR-rated networks and programming. Premiere debuted with the #1 rated network in RADAR 58. Today, the company has 15 RADAR-rated networks which frequently rank in the top groupings.

Oct., 1998 - Clear Channel announced the acquisition of Jacor Communications, producing the largest radio station group in the world.

May, 1999 - Clear Channel's acquisition of Jacor Communications transaction completed.

Nov., 1999 - Premiere purchased MJI Broadcasting Inc., a leading syndicator of radio-focused internet and interactive media components.

Aug., 2000 - Clear Channel acquired AMFM Inc. and merged the company into Premiere's operations.

Aug., 2000 - Premiere launched the FOX Sports Radio Network.

Sept., 2001 - Premiere launched The Glenn Beck Program.

Oct., 2002 - George Noory replaced Art Bell as full-time host of Coast to Coast AM.

Jan., 2003 - John Boy and Billy renewed multi-year contract with Premiere.

May, 2004 - Premiere acquired the distribution rights of the Delilah radio program.

June, 2005 - Premiere launched Fox News Radio Network, an exclusive RADAR-rated news network.

July, 2005 - Premiere exclusively brought worldwide "Live 8" concert, live to U.S. terrestrial radio stations.

Sept., 2005 - Rush Limbaugh won fourth Marconi Award. (1992, 1995, 2000)

Sept., 2005 - Premiere launched The Steve Harvey Morning Show.

May, 2006 - Blair Garner won Academy of Country Music Award for "National On-Air Personality of the Year."

July, 2006 - Jim Rome renewed multi-year contract with Premiere Networks.

Aug., 2006 - Mediabase began publishing music charts in USA Today.

Sept., 2006 - Premiere launched the two-hour weekend show, Costas on the Radio.

Sept., 2006 - Bob and Tomwon fifth Marconi Award. (1993, 1995, 1997, 1999, 2006)

Feb., 2007 - American Top 40 with Ryan Seacrest hit milestone of 400 radio stations worldwide.

Feb., 2007 - The Keith Sweat Hotel debuted in national syndication.

July, 2007 - Dawson McAllister Live debuted in national syndication.

Nov., 2007 - Glenn Beck renewed long-term deal with Premiere Networks.

Nov., 2007 - After MidNite with Blair Garner celebrated 14th anniversary.

Jan., 2008 - George Noory renewed long-term deal with Premiere Networks.

Feb., 2008 - Premiere announced June launch of On Air with Ryan Seacrest and renewal of his contract to host American Top 40.

May 2008 - The Jesus Christ Show launched into national syndication.

July, 2008 - Rush Limbaugh renewed record-setting multi-million dollar contract with Premiere.

July, 2008 - Sean Hannity entered long-term co-syndication deal with Premiere Networks and ABC Radio Networks, effective Dec. 28, 2008.

July 2008 - Bob and Tom renewed long-term contract with Premiere and announce their upcoming debut in television.

Aug., 2008 - Rush Limbaugh celebrated 20-year anniversary in syndicated radio.

Sept., 2008 - Glenn Beck won Marconi Award for Network/Syndicated Personality of the year.

Feb., 2009 - Premiere announces syndication of The Jason Lewis Show.

March, 2009 - Premiere announces syndication of Elvis Duran And The Morning Show.

April, 2009 - Premiere launches Randi Rhodes in national syndication.

Oct., 2009 - Premiere announces syndication of The Crook & Chase Countdown.
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Feb., 2010 - Premiere launches syndication of Sixx Sense with Nikki Sixx and The Side Show Countdown with Nikki Sixx.

March, 2010 - Premiere launches Club Kane in national syndication.

July, 2010 - American Top 40 celebrates 40-year anniversary.

July, 2010 - John Boy & Billy renew long-term contract with Premiere.

Aug., 2010 - FOX Sports Radio celebrates 10-year anniversary.

Aug., 2010 - FOX Sports Radio announces addition of Pat O'Brien to weekday lineup.

Oct. 2010 - The Steve Harvey Morning Show celebrates 5-year anniversary in national syndication.

Oct. 2010 - Blair Garner renews long-term contract with Premiere.

Nov., 2010 - Ryan Seacrest expands multi-year partnership with Clear Channel and Premiere.

Jan., 2011 - Premiere renews exclusive ad sales representation agreement for The Dan Patrick Show.

Feb., 2011 - Blair Garner wins third Academy of Country Music Award for "National On-Air Personality of the Year."

Feb., 2011 - Jason Whitlock podcast debuts on FOXSportsRadio.com.

March, 2011 - FOX Sports Tonight with Rob Dibble Launches on FOX Sports Radio.

April, 2011 - Premiere and Ryan Seacrest launch Direct From Hollywood vignette.

May, 2011 - Delilah celebrates 25-year anniversary of nighttime radio show.

June, 2011 - J.T. The Brick celebrates 10th anniversary on FOX Sports Radio.

July, 2011 - Premiere launches TMZ Radio in national syndication.

Sept. 2011 - Ryan Seacrest wins NAB Marconi Award for "Network/Syndicated Personality of the Year."

Sept., 2011 - Sean Hannity celebrates 10-year anniversary in national syndication.

Sept., 2011 - Troy Aikman joins FOX Sports Radio as NFL contributor.

Oct., 2011 - Premiere begins distributing DirecTV's The Nick and Artie Show.

Nov., 2011 - Delilah renews long-term contract with Premiere.

Dec. 2011 - John B. Wells Joins Coast to Coast AM weekend lineup.

Jan. 2012 - FOX Sports Radio launches Roddick and Bones weekend show.

Jan., 2012 - America Now with Andy Dean reaches 50th affiliate milestone.

Jan., 2012 - Premiere launches The Ronnie Wood Show in the U.S.

Jan., 2012 - TMZ Radio reaches 75th affiliate milestone.

Jan. 2012 - FOX Sports Radio adds FOX Sports Daybreak with Andy Furman and Artrell Hawkins to weekday morning lineup.

Feb. 2012 - Keith Sweat celebrates 5-year anniversary in radio by reaching 50th affiliate milestone.

April, 2012 - Premiere launches Big D and Bubba's Weekend Wakeup in national syndication.

April, 2012 - Premiere Launches On With Mario Lopezin national syndication.

May, 2012 - Delilah wins the Alliance of Women in Media Gracie Award for "Outstanding Host - Entertainment/Information."

May, 2012 - Deb Carson wins the Alliance of Women in Media's Gracie Award for "Outstanding Reporter/Correspondent."

May, 2012 - Olympic athlete Amy Van Dyken Joins Rob Dibble as Co-Host of FOX Sports Tonight.

June, 2012 - Premiere Networks and Mercury Radio arts finalize new, long-term radio and digital agreement for The Glenn Beck Program, GBTV, GlennBeck.com, TheBlaze.com and Markdown.com.

July, 2012 - Premiere adds Ground Zero with Clyde Lewis to national lineup.

July, 2012 - Premiere launches The Jack Abramoff Show on SiriusXM.

Aug., 2012 - Premiere launches The Moll Anderson Show on SiriusXM.

Aug., 2012 - World-Renowned golf instructor Hank Haney joins FOX Sports Radio's weekend line-up.

Contact: Rachel Nelson, Premiere Networks, 818-461-8057