The parent company for SFX Entertainment, Clear Channel Communications, will release "fourth quarter and year-end 2000 financial results after the market close on Tue., Feb.13." A teleconference outlining the financial information from the media and entertainment giant will take place at 4 PM CT.
No pass code is required for the teleconference, which can be accessed at (888) 222-2994. Callers are reminded to dial several minutes ahead of the 4 PM start time. Clear Channel reports that "a live webcast on the Company's website, located at www.clearchannel.com" will be available. The domestic replay number is (800) 428-6051, pass code 158261; and the international replay number is (973) 709-2089, pass code 158261.
As reported earlier, SFX was acquired by Clear Channel on Aug. 1, 2000. Clear Channel has also purchased radio broadcaster AMFM. The company now operates 1,140 radio and 18 television stations in the United States and has equity interests in over 240 radio stations internationally. Clear Channel also operates more than 750,000 outdoor advertising displays, including billboards, street furniture and transit panels across the world.
After an aggressive acquisitions campaign in sports and entertainment, SFX Entertainment established an early lead in marketing “live experiential” events. SFX develops and manages touring Broadway shows, and sells Broadway subscription series and individual productions in 55 markets. An integrated franchise that promotes and produces a broad variety of live entertainment events locally, regionally and nationally, SFX has 122 venues overall, and owns or operates venues in 31 of the top 50 domestic markets.
—By Murdoch McBride