Clear Channel is a huge force in radio. When the Telecommunications Act of 1996 opened up radio ownership, Clear Channel Communications scooped up several stations in most big markets, consolidating power.
The company also has a spinoff called Live Nation, which is among the biggest event and ticket promoters in the world (currently in a merger with Ticketmaster). In other words, Clear Channel runs the show when it comes to radio and music events.
And that's essentially why the iHeartRadio app is so important -- it's Clear Channel's official hook into iOS. Most of the company's stat
