Clear Channel Outdoor Holdings, Inc.

Clear Channel Outdoor Holdings, Inc. is a prominent multinational corporation specializing in out-of-home (OOH) advertising, with its headquarters situated in San Antonio, Texas. The company's core mission is to innovate and lead the OOH advertising sector by integrating digital advancements and data-driven insights to deliver effective results for its clients.

The company provides a comprehensive suite of OOH advertising solutions, encompassing traditional roadside billboards, advanced digital displays, street furniture, and airport advertising. Clear Channel Outdoor utilizes data analytics and programmatic buying tools to create measurable campaigns, enabling advertisers to engage with mass audiences in high-traffic locations across the United States and in certain international markets.

Currently, Scott Wells serves as the CEO of Clear Channel Outdoor Holdings, Inc. A significant recent development is the company's definitive agreement, announced in February 2026, to be acquired by Mubadala Capital, in partnership with TWG Global, for an enterprise value of $6.2 billion. This all-cash transaction, anticipated to close by the end of the third quarter of 2026, will lead to the delisting of Clear Channel's common stock, marking its transition to a privately held entity. This move follows a strategic pivot towards focusing on its U.S. operations and accelerating digital transformation, supported by the divestiture of various international assets.