Clear Channel Communications Inc. is paying about $87 million forsome 22,000 billboards in France.

Broadcasting & Cable, September, 1998

Clear Channel Communications Inc. is paying about $87 million for some 22,000 billboards in France, bringing its holdings there to more than 26,000 panels, the company said last Monday. The name of the French company is Sirocco S.A. Clear Channel now operates or is affiliated with 441 radio stations, 18 TV stations and about 200,000 outdoor advertising displays in 25 countries.

Clear Channel also owns 29% of Spanish-language radio broadcaster Heftel Broadcasting Corp.