Google Secures Clear Channel Inventory

From a release: SAN ANTONIO AND MOUNTAIN VIEW, Calif., April 16, 2007 — Clear Channel Radio and Google Inc. (NASDAQ: GOOG), today announced a multi-year agreement that enables Google to sell a guaranteed portion of 30- second advertising inventory available on more than 675 of Clear Channel's AM/FM stations….

From a release:

SAN ANTONIO AND MOUNTAIN VIEW, Calif., April 16, 2007 — Clear Channel

Radio and Google Inc. (NASDAQ: GOOG), today announced a multi-year

agreement that enables Google to sell a guaranteed portion of 30-

second advertising inventory available on more than 675 of Clear

Channel’s AM/FM stations. Specific financial terms are not being

disclosed.

Under the agreement, Google™ Audio Ads advertisers will have national

distribution, enabling them to reach specific audiences, at specific

times, in targeted geographies. For Clear Channel, this agreement

opens up an additional sales channel and provides supplemental revenue

by making Clear Channel inventory available to advertisers who

previously had not used radio.

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