0001193125-20-091896.txt : 20200331 0001193125-20-091896.hdr.sgml : 20200331 20200331073039 ACCESSION NUMBER: 0001193125-20-091896 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20200330 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20200331 DATE AS OF CHANGE: 20200331 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Clear Channel Outdoor Holdings, Inc. CENTRAL INDEX KEY: 0001334978 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-ADVERTISING [7310] IRS NUMBER: 880318078 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32663 FILM NUMBER: 20759639 BUSINESS ADDRESS: STREET 1: 4830 NORTH LOOP 1604W, SUITE 111 CITY: SAN ANTONIO STATE: TX ZIP: 78249 BUSINESS PHONE: 210-822-2828 MAIL ADDRESS: STREET 1: 4830 NORTH LOOP 1604W, SUITE 111 CITY: SAN ANTONIO STATE: TX ZIP: 78249 8-K 1 d912763d8k.htm 8-K 8-K
false 0001334978 0001334978 2020-03-30 2020-03-30

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 30, 2020

 

CLEAR CHANNEL OUTDOOR HOLDINGS, INC.

(Exact name of registrant as specified in its charter)

 

Delaware

  

001-32663

  

88-0318078

(State or other jurisdiction

of incorporation)

  

(Commission

File Number)

  

(I.R.S. Employer

Identification No.)

4830 North Loop 1604W, Suite 111

San Antonio, Texas 78249

(Address of principal executive offices)

Registrant’s telephone number, including area code: (210) 547-8800

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

  

Trading

Symbol(s)

  

Name of each exchange

on which registered

Common Stock

  

“CCO”

  

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

☐  Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

 

 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On March 30, 2020, Clear Channel Outdoor Holdings, Inc. (the “Company”) announced that its named executive officers voluntarily agreed to reduce their base salaries for the period from April 1, 2020 through June 30, 2020. The temporary reductions will be as follows:

  • C. William Eccleshare. Base salary reduction of 30%
  • Scott Wells. Base salary reduction of 30%
  • Brian D. Coleman. Base salary reduction of 20%
  • Lynn A. Feldman. Base salary reduction of 20%
  • Jason A. Dilger. Base salary reduction of 20%

Their full base salaries will be reinstated effective July 1, 2020. The temporary reduction will not affect other elements of their compensation.

Item 7.01. Regulation FD Disclosure.

On March 30, 2020, the Company issued a press release announcing an agreement to irrevocably tender to sell its 50.91% stake in Clear Media Limited (“Clear Media”), an indirect, non-wholly owned subsidiary based in China, to Ever Harmonic Global Limited (the “Offeror”) for HK$7.12 per share, or approximately $253 million (based on an exchange rate of HK$7.75482 to US$1 on March 30, 2020) in cash, as part of a proposed voluntary conditional cash offer (the “Offer”) made by and on behalf of the Offeror.

Also on March 30, 2020, the Offeror and Clear Media, the stock of which is traded on The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”), jointly issued an announcement (the “Rule 3.5 Announcement”) pursuant to Rule 3.5 of the Hong Kong Code on Takeovers and Mergers (the “Takeovers Code”) with respect to the Offer by and on behalf of the Offeror to acquire all of the issued shares of Clear Media. The Rule 3.5 Announcement was published on the website of the Hong Kong Stock Exchange, stating, among other things, that the Offeror intends to make an offer to acquire all of the shares of Clear Media for a purchase price of HK$7.12 per share. Pursuant to Rule 8.2 of the Takeovers Code, the Offeror is required to issue the offer document containing, among other matters, the terms and conditions of the Offer (the “Composite Document”) within 21 days of the date of the Rule 3.5 Announcement or such later date to which the Executive Director of the Corporate Finance Division of the Hong Kong Securities and Futures Commission (or any delegate of the Executive Director) (the “Executive”) may consent. As described in the Rule 3.5 Announcement, the Offer will be subject to a number of conditions, including, among other things, (i) receipt of valid acceptances of the Offer by the closing date representing at least 50.1% of the voting power of Clear Media, (ii) no event having occurred which would make the Offer or the acquisition of any of the shares under the Offer void, unenforceable or illegal or prohibit the implementation of the Offer or would impose any additional material conditions or obligations with respect to the Offer and (iii) no governmental, statutory or regulatory proceeding that would make the Offer void, illegal, impractical or unenforceable.

In the Company’s press release, the Company announced additional actions to increase liquidity and preserve financial flexibility and withdrew its financial guidance for 2020, previously provided on February 27, 2020, in light of the impact of COVID-19. A copy of the Company’s press release is attached hereto as Exhibit 99.1.

In accordance with General Instruction B.2 of Form 8-K, the information under this Item 7.01, including Exhibit 99.1, shall not be deemed “filed” for the purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities of that section, nor shall such information, including Exhibit 99.1, be deemed incorporated by reference in any filing under the Securities Act or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 8.01. Other Events.

As described in Item 7.01 above, on March 30, 2020, the Offeror and Clear Media jointly issued a Rule 3.5 Announcement pursuant to the Takeovers Code with respect to the Offer by and on behalf of the Offeror to acquire all of the issued shares of Clear Media for HK$7.12 per share. The Offer is conditional upon the satisfaction or waiver of the conditions described in the Rule 3.5 Announcement. Based on the proposed timetable, the Composite Document is expected to be issued on the Hong Kong Stock Exchange within 21 days of the Rule 3.5 Announcement or such later date to which the Executive may consent.

In connection with the Rule 3.5 Announcement, on March 30, 2020, Clear Channel KNR Neth Antilles N.V. (“Clear Channel KNR”), an indirect wholly-owned subsidiary of the Company which owns the Company’s 50.91% stake in Clear Media, entered into a Deed of Irrevocable Undertaking (the “Undertaking Agreement”) with the Offeror, pursuant to which Clear Channel KNR agreed to irrevocably tender to sell its 50.91% stake in Clear Media in the Offer. Pursuant to the Underwriting Agreement, Clear Channel KNR is expected to irrevocably accept the Offer in respect of its entire shareholding in Clear Media within seven business days following the despatch of the Composite Document (or, to the extent that international travel or courier services to Hong Kong are suspended or delayed, as soon as possible but in any event within 21 days after the date of despatch of the Composite Document) and receive cash proceeds for the sale within seven business days after the tendering of share acceptance. Clear Channel KNR is entitled to terminate the Undertaking Agreement by notice in writing to the Offeror if (i) any of the terms and conditions of the Offer are amended without its prior written consent (such consent not to be unreasonably

1

withheld, delayed or conditioned), (ii) the Composite Document is not issued within 21 days of the Rule 3.5 Announcement or within such longer period as the Offeror may with the written consent of the Executive Director of the Corporate Finance Division of the Securities and Futures Commission of Hong Kong determine, but in any event within 42 days of the date of the Rule 3.5 Announcement or (iii) the Offer lapses without being consummated, or is withdrawn. Further details of the proposed offer and timing for the despatch of the Composite Document is described in the Rule 3.5 Announcement jointly made by the Offeror and Clear Media today on the Hong Kong Stock Exchange.

If the Offer is consummated, it would result in the Company disposing its entire interest in Clear Media for aggregate consideration of approximately US$253 million (based on an exchange rate of HK$7.75482 to US$1 as of March 30, 2020).

As of December 31, 2019, Clear Media had a portfolio of approximately 53,000 displays, which represented all of the Company’s operations in China. After giving effect to the sale of Clear Media, the Company’s portfolio as of December 31, 2019 would have consisted of approximately 405,000 advertising displays spanning 31 countries, with a total of approximately 337,000 displays within our International segment, including more than 15,000 digital displays.

Cautionary Statement Regarding Forward-Looking Statements

Certain statements in this Current Report on Form 8-K constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results to be materially different from any future results expressed or implied by such forward-looking statements. Any statements that refer to or implicate future events, including with respect to the terms of a potential offer for shares of Clear Media Limited and the timing and completion of a potential offer, are forward-looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, some of which are beyond our control and are difficult to predict. Risks and uncertainties include the possibility that an offer will not be made upon the terms or within the time frame contemplated by the Rule 3.5 Announcement, the possibility of any termination of the Offer, uncertainties as to how many of Clear Media’s stockholders will tender their Clear Media shares into the Offer and the possibility that other conditions to the Offer may not be satisfied or waived. In light of these risks, uncertainties and other factors, there can be no assurance that the proposed transaction will in fact be consummated in the manner described or at all. You are cautioned not to place undue reliance on these forward-looking statements. The Company does not undertake any obligation to publicly update or revise any forward-looking statements because of new information, future events or otherwise.

Item 9.01 Financial Statements and Exhibits.

Exhibit
No.

   

Description

         
 

99.1

    

Press Release dated March 30, 2020.

         
 

104

    

Cover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101.

2

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

CLEAR CHANNEL OUTDOOR HOLDINGS, INC.

             

Date: March 31, 2020

 

 

By:

 

/s/ Brian D. Coleman

 

 

 

Brian D. Coleman

 

 

 

Chief Financial Officer and Treasurer

3

 EX-99.1 2 d912763dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

Clear Channel Outdoor Holdings, Inc. to Sell Investment in Clear Media Limited for US$253 Million

Takes Additional Actions to Increase Liquidity and Preserve Financial Flexibility

Withdraws Guidance for 2020 in Light of COVID-19 Impact

SAN ANTONIO, March 30, 2020 — Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the “Company”), one of the world’s largest outdoor advertising companies, today announced that it has entered into an agreement to irrevocably tender to sell its 50.91% stake in Clear Media Limited (“Clear Media”), an indirect, non-wholly owned subsidiary of the Company based in China, to Ever Harmonic Global Limited (“Ever Harmonic”). The Company also provided an update regarding its initiatives to increase liquidity and preserve financial flexibility in response to the impact of COVID-19 and is withdrawing its guidance for 2020, previously provided on February 27, 2020.

Clear Media Limited Transaction

Under the terms of the Company’s agreement with Ever Harmonic, Ever Harmonic will acquire the Company’s stake in Clear Media for HK$7.12 per share, or approximately US$253 million* in cash, as part of a proposed voluntary conditional cash offer (the “Offer”) made by and on behalf of Ever Harmonic. Ever Harmonic is a special purpose vehicle wholly owned by a consortium of investors comprising Mr. Han Zi Jing (chief executive officer and an executive director of Clear Media), Antfin (Hong Kong) Holding Limited, JCDecaux Innovate Limited and China Wealth Growth Fund III L.P. This represents a premium of approximately 86.88% over the average of the closing prices of the Clear Media shares as quoted on the Hong Kong Stock Exchange for the 30 consecutive trading days prior to the announced strategic review of our investment in China on November 29, 2019. Today’s announcement is a successful milestone following the process previously disclosed on November 29, 2019 to maximize the value of the Company’s stake in Clear Media.

The Company has included revenue of US$209 million and Adjusted EBITDA of US$54 million in its results for the 12 months ended December 31, 2019 attributed to Clear Media.

The Offer is conditional upon the satisfaction or waiver of the conditions described in the announcement jointly made by Ever Harmonic and Clear Media on the Hong Kong Stock Exchange today (the “Rule 3.5 Announcement”). Based on the Hong Kong Takeovers Code, the Offer document is required to be issued within 21 days of the Rule 3.5 Announcement (unless the consent of the Hong Kong regulator to delay such issue is obtained). Clear Channel KNR Neth Antilles N.V., an indirect wholly owned subsidiary of the Company, has irrevocably undertaken to accept the Offer in respect of its entire shareholding in Clear Media within seven business days following the despatch of the Offer document and payment for the sale will be made within seven business days the date on which the Offer becomes unconditional in all respects. Further details of the Offer are described in the Rule 3.5 Announcement.

The Company intends to use the anticipated net proceeds of approximately $220 million from this transaction to improve its liquidity position and increase financial flexibility, subject to any limitations set forth in its debt agreements. Pro forma for the sale of the Company’s investment in Clear Media and the draw down on the revolving credit facility of $150 million that occurred on March 25, 2020, the amount of first lien debt as of December 31, 2019 would have been reduced to $2,666 million and the first lien net leverage ratio (FLLR) would have been 4.9x as of December 31, 2019, well below the FLLR

requirement of 7.6x under the terms of the Company’s senior secured cash flow credit facilities. See “Non-GAAP Financial Measures” below.

Credit Suisse is serving as financial advisor and Kirkland & Ellis is serving as legal advisor to the Company for the Clear Media transaction.

* Figures based on the foreign exchange rates of USD/HKD = 7.75482.

Financial and Liquidity Update

In light of the rapidly-evolving impact of COVID-19, the Company is implementing and evaluating actions to strengthen its financial position and support the continuity of its platform and operations.

The Company believes the anticipated net proceeds from the sale of Clear Media combined with the cash on hand, including the $150 million recently drawn from the Revolving Credit Facility, and the initiatives the Company is actively pursuing will improve its liquidity position and provide the Company with additional financial flexibility during the economic downturn. These initiatives include but are not limited to:

 

  •  

Identifying opportunities to significantly reduce annual capital expenditures.

  o

Discretionary growth capex can be largely deferred.

  o

Maintenance capex can be deferred to the extent possible.

  o

Exploring deferral options with respect to committed capex.

 

  •  

Continuing discussions with landlords to align fixed site lease expenses with revenue during the economic downturn.

  o

Beginning to achieve success in both Europe and the U.S.

 

  •  

Reducing employee compensation expense.

  o

Temporary salary reductions including 30% reductions for both the Company’s Worldwide CEO, William Eccleshare and Americas CEO, Scott Wells;

  o

Furloughs based on market conditions, hiring freezes and variable compensation reductions.

 

  •  

Aggressively cutting discretionary spending.

However, given the quickly evolving economic environment, continuing downward pressure we are currently seeing in Europe and beginning to see in the U.S., and the uncertainty around how long the economic downturn and its impact on our business will last, the Company is withdrawing its guidance for 2020, previously provided on February 27, 2020. As a reminder, the Company’s next material debt maturity is 2024 when the Company’s $1.9 billion in 9.25% Senior Notes are due.

Non-GAAP Financial Measures

The Company’s first lien leverage ratio, pro forma for the sale of our investment in Clear Media and the draw down on the revolving credit facility of $150 million that occurred on March 25, 2020, presented in this press release is calculated by dividing the Company’s pro forma first lien debt, by the Company’s EBITDA (as defined by the New Senior Secured Credit Agreement) for the four quarters ended December 31, 2019. The following table presents the Company’s pro forma first lien debt for the four quarters ended December 31, 2019:

 

(In millions)    Four Quarters
Ended
December 31,
2019		  

Term Loan Facility

    $ 1,995.0  

Clear Channel Outdoor Holdings 5.125% Senior Notes Due 2027

      1,250.0  

Revolving Credit Facility

      150.0  

Other debt

      4.2  

Less: Cash and cash equivalents, pro forma

      (733.6 ) 
  

 

 

  

Pro forma first lien debt

    $ 2,665.6  
  

 

 

  

The following table reflects a reconciliation of EBITDA (as defined by the New Senior Secured Credit Agreement) to operating income and net cash provided by operating activities for the four quarters ended December 31, 2019.

 

(In millions)    Four Quarters
Ended
December 31,
2019		  

EBITDA (as defined by the New Senior Secured Credit Agreement and pro forma for the sale of our investment in Clear Media)

    $ 546.9  

Less adjustments to EBITDA (as defined by the New Senior Secured Credit Agreement):

   

Charges, expenses or reserves in respect of any restructuring, relocation, redundancy or severance expense or one-time compensation charges

      (13.0 ) 

Other items

      2.5  

Clear Media EBITDA pro forma adjustment(1)

      52.9  

Less: Depreciation and amortization, Impairment charges, Share-based compensation and Interest income

      (336.4 ) 
  

 

 

  

Operating income

      252.9  

Plus: Depreciation and amortization, Impairment charges, Loss (gain) on disposal of operating and other assets, net and Share-based compensation

      328.5  

Less: Interest expense, net

      (418.2 ) 

Less: Interest expense on Due from iHeartCommunications, net

      (1.3 ) 

Less: Current income tax expense

      (48.2 ) 

Less: Other expense, net

      (15.4 ) 

Adjustments to reconcile consolidated net loss to net cash provided by operating activities (including Provision for doubtful accounts, Amortization of deferred financing charges and note discounts, net, Foreign exchange transaction loss and Other reconciling items, net)

      13.6  

Change in operating assets and liabilities, net

      102.6  
  

 

 

  

Net cash provided by operating activities

    $ 214.5  
  

 

 

  

 

  (1)

The Clear Media EBITDA pro forma adjustment in the table above reflects approximately $1 million of restructuring and other expenses that is excluded from the Clear Media Adjusted EBITDA contribution of $54 million included in the Company’s results set forth above.

About Clear Channel Outdoor Holdings, Inc.

Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) is one of the world’s largest outdoor advertising companies with a diverse portfolio of approximately 460,000 print and digital displays in 32 countries across Asia, Europe, Latin America and North America, reaching millions of people monthly. A growing digital platform includes more than 15,000 digital displays in international markets and more than 1,700 digital displays (excluding airports), including more than 1,400 digital billboards, in the U.S.

Comprised of two business divisions – Clear Channel Outdoor Americas (CCOA), the U.S. and Caribbean business division, and Clear Channel International (CCI), covering markets in Asia, Europe and Latin America – CCO employs approximately 5,900 people globally. More information is available at investor.clearchannel.com, clearchannelinternational.com and clearchanneloutdoor.com.

Cautionary Statement Concerning Forward-Looking Statements

Certain statements in this press release constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Clear Channel Outdoor Holdings, Inc. to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. The words or phrases “guidance,” “believe,” “expect,” “anticipate,” “estimates,” “forecast” and similar words or expressions are intended to identify such forward-looking statements. In addition, any statements that refer to expectations or other characterizations of future events or circumstances, such as statements about statements regarding the proposed transaction, the anticipated use of the proceeds of the proposed transaction, the anticipated leverage ratio impact, the expected timing of the proposed transaction and the anticipated benefits of the proposed transaction, our liquidity initiatives and future liquidity and the impact of the COVID-19 pandemic on our business, are forward-looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, some of which are beyond our control and are difficult to predict.

Various risks that could cause future results to differ from those expressed by the forward-looking statements included in this press release include, but are not limited to: weak or uncertain global economic conditions and their impact on the level of expenditures on advertising, including the effects of Brexit and economic uncertainty in China; our ability to service our debt obligations and to fund our operations and capital expenditures; industry conditions, including competition; our ability to obtain key municipal concessions for our street furniture and transit products; fluctuations in operating costs; technological changes and innovations; shifts in population and other demographics; other general economic and political conditions in the United States and in other countries in which we currently do business, including those resulting from recessions, political events and acts or threats of terrorism or military conflicts; changes in labor conditions and management; the impact of future dispositions, acquisitions and other strategic transactions; legislative or regulatory requirements; regulations and consumer concerns regarding privacy and data protection; a breach of our information security measures; restrictions on outdoor advertising of certain products; fluctuations in exchange rates and currency values; risks of doing business in foreign countries; the magnitude of the impact of the COVID-19 pandemic on our operations and on general economic conditions; third-party claims of intellectual property infringement, misappropriation or other violation against us; the risk that the Separation could result in significant tax liability or other unfavorable tax consequences to us and impair our ability to utilize our federal income tax net operating loss carryforwards in future years; the risk that we may be more susceptible to adverse events following the Separation; the risk that we may be unable to replace the services iHeartCommunications provided us in a timely manner or on comparable terms; our dependence on our management team and other key individuals; the risk that indemnities from iHeartMedia will not be sufficient to insure us against the full amount of certain liabilities; volatility of our stock price; the impact of our substantial indebtedness, including the effect of our leverage on our financial position and earnings; the ability of our subsidiaries to dividend or distribute funds to us in order for us to repay our debts; the restrictions contained in the agreements governing our indebtedness and our Preferred Stock limiting our flexibility in operating our business; the effect of analyst or credit ratings downgrades; certain other factors set forth in our other filings with the SEC; as well as factors related to the proposed transaction, including but not limited to: the ability to satisfy the

conditions to closing of the transaction and complete the transaction on the expected timing and terms and or at all; higher than expected or unexpected costs associated with or relating to the transaction; and the risk that expected benefits of the transaction may not be achieved in a timely manner or at all. There can be no assurance that the proposed transaction will in fact be consummated in the manner described or at all. This list of factors that may affect future performance and the accuracy of forward-looking statements is illustrative and is not intended to be exhaustive.

You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date stated, or if no date is stated, as of the date of this press release. Other key risks are described in the section entitled “Item 1A. Risk Factors” of the Company’s reports filed with the U.S. Securities and Exchange Commission, including the Company’s Annual Report on Form 10-K for the year ended December 31, 2019. Except as otherwise stated in this press release, the Company does not undertake any obligation to publicly update or revise any forward-looking statements because of new information, future events or otherwise.

Contacts

Clear Channel Outdoor:

Press:

Lucy Puddefoot

Clear Channel Outdoor Holdings Inc.

+44(0)7525 731 7333

Lucy.puddefoot@clearchannelint.com

Kirsty Mair

FHF

M +44-7711 462 880

kirsty.mair@fleishmaneurope.com

Juliette Monnet

FHF

M +44 (0) 7510 153 737

juliette.monnet@fhflondon.co.uk

Investors:

Eileen McLaughlin

Vice President - Investor Relations

(646) 355-2399

InvestorRelations@clearchannel.com

EX-101.SCH 3 cco-20200330.xsd XBRL TAXONOMY EXTENSION SCHEMA 100000 - Document - Document and Entity Information link:calculationLink link:presentationLink link:definitionLink EX-101.LAB 4 cco-20200330_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE Cover [Abstract] Cover [Abstract] Amendment Flag Amendment Flag Entity Central Index Key Entity Central Index Key Document Type Document Type Document Period End Date Document Period End Date Entity Registrant Name Entity Registrant Name Entity Incorporation State Country Code Entity Incorporation State Country Code Entity File Number Entity File Number Entity Tax Identification Number Entity Tax Identification Number Entity Address, Address Line One Entity Address, Address Line One Entity Address, Address Line Two Entity Address, Address Line Two Entity Address, City or Town Entity Address, City or Town Entity Address, State or Province Entity Address, State or Province Entity Address, Postal Zip Code Entity Address, Postal Zip Code City Area Code City Area Code Local Phone Number Local Phone Number Written Communications Written Communications Soliciting Material Soliciting Material Pre Commencement Tender Offer Pre Commencement Tender Offer Pre Commencement Issuer Tender Offer Pre Commencement Issuer Tender Offer Security 12b Title Security 12b Title Trading Symbol Trading Symbol Security Exchange Name Security Exchange Name Entity Emerging Growth Company Entity Emerging Growth Company EX-101.PRE 5 cco-20200330_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE JSON 6 MetaLinks.json IDEA: XBRL DOCUMENT { "instance": { "d912763d8k.htm": { "axisCustom": 0, "axisStandard": 0, "contextCount": 1, "dts": { "inline": { "local": [ "d912763d8k.htm" ] }, "labelLink": { "local": [ "cco-20200330_lab.xml" ], "remote": [ "https://xbrl.sec.gov/dei/2019/dei-doc-2019-01-31.xml" ] }, "presentationLink": { "local": [ "cco-20200330_pre.xml" ] }, "referenceLink": { "remote": [ "https://xbrl.sec.gov/dei/2019/dei-ref-2019-01-31.xml" ] }, "schema": { "local": [ "cco-20200330.xsd" ], "remote": [ "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd", "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd", "http://www.xbrl.org/2003/xl-2003-12-31.xsd", "http://www.xbrl.org/2003/xlink-2003-12-31.xsd", "https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd", "http://www.xbrl.org/2005/xbrldt-2005.xsd", "http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd", "http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd", "http://xbrl.sec.gov/sic/2011/sic-2011-01-31.xsd", "https://xbrl.sec.gov/naics/2017/naics-2017-01-31.xsd", "http://www.xbrl.org/lrr/role/deprecated-2009-12-16.xsd", "http://www.xbrl.org/2006/ref-2006-02-27.xsd" ] } }, "elementCount": 24, "entityCount": 1, "hidden": { "http://xbrl.sec.gov/dei/2019-01-31": 2, "total": 2 }, "keyCustom": 0, "keyStandard": 95, "memberCustom": 0, "memberStandard": 0, "nsprefix": "cco", "nsuri": "http://www.clearchanneloutdoor.com/20200330", "report": { "R1": { "firstAnchor": { "ancestors": [ "p", "div", "body", "html" ], "baseRef": "d912763d8k.htm", "contextRef": "duration_2020-03-30_to_2020-03-30", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "document", "isDefault": "true", "longName": "100000 - Document - Document and Entity Information", "role": "http://www.clearchanneloutdoor.com//20200330/taxonomy/role/DocumentDocumentAndEntityInformation", "shortName": "Document and Entity Information", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "p", "div", "body", "html" ], "baseRef": "d912763d8k.htm", "contextRef": "duration_2020-03-30_to_2020-03-30", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } } }, "segmentCount": 0, "tag": { "dei_AmendmentFlag": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.", "label": "Amendment Flag", "terseLabel": "Amendment Flag" } } }, "localname": "AmendmentFlag", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.clearchanneloutdoor.com//20200330/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_CityAreaCode": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Area code of city", "label": "City Area Code", "terseLabel": "City Area Code" } } }, "localname": "CityAreaCode", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.clearchanneloutdoor.com//20200330/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_CoverAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Cover page.", "label": "Cover [Abstract]", "terseLabel": "Cover [Abstract]" } } }, "localname": "CoverAbstract", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "xbrltype": "stringItemType" }, "dei_DocumentPeriodEndDate": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD.", "label": "Document Period End Date", "terseLabel": "Document Period End Date" } } }, "localname": "DocumentPeriodEndDate", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.clearchanneloutdoor.com//20200330/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "dateItemType" }, "dei_DocumentType": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.", "label": "Document Type", "terseLabel": "Document Type" } } }, "localname": "DocumentType", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.clearchanneloutdoor.com//20200330/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "submissionTypeItemType" }, "dei_EntityAddressAddressLine1": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Address Line 1 such as Attn, Building Name, Street Name", "label": "Entity Address, Address Line One", "terseLabel": "Entity Address, Address Line One" } } }, "localname": "EntityAddressAddressLine1", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.clearchanneloutdoor.com//20200330/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressAddressLine2": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Address Line 2 such as Street or Suite number", "label": "Entity Address, Address Line Two", "terseLabel": "Entity Address, Address Line Two" } } }, "localname": "EntityAddressAddressLine2", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.clearchanneloutdoor.com//20200330/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressCityOrTown": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Name of the City or Town", "label": "Entity Address, City or Town", "terseLabel": "Entity Address, City or Town" } } }, "localname": "EntityAddressCityOrTown", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.clearchanneloutdoor.com//20200330/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressPostalZipCode": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Code for the postal or zip code", "label": "Entity Address, Postal Zip Code", "terseLabel": "Entity Address, Postal Zip Code" } } }, "localname": "EntityAddressPostalZipCode", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.clearchanneloutdoor.com//20200330/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressStateOrProvince": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Name of the state or province.", "label": "Entity Address, State or Province", "terseLabel": "Entity Address, State or Province" } } }, "localname": "EntityAddressStateOrProvince", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.clearchanneloutdoor.com//20200330/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "stateOrProvinceItemType" }, "dei_EntityCentralIndexKey": { "auth_ref": [ "r5" ], "lang": { "en-US": { "role": { "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.", "label": "Entity Central Index Key", "terseLabel": "Entity Central Index Key" } } }, "localname": "EntityCentralIndexKey", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.clearchanneloutdoor.com//20200330/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "centralIndexKeyItemType" }, "dei_EntityEmergingGrowthCompany": { "auth_ref": [ "r5" ], "lang": { "en-US": { "role": { "documentation": "Indicate if registrant meets the emerging growth company criteria.", "label": "Entity Emerging Growth Company", "terseLabel": "Entity Emerging Growth Company" } } }, "localname": "EntityEmergingGrowthCompany", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.clearchanneloutdoor.com//20200330/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_EntityFileNumber": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.", "label": "Entity File Number", "terseLabel": "Entity File Number" } } }, "localname": "EntityFileNumber", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.clearchanneloutdoor.com//20200330/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "fileNumberItemType" }, "dei_EntityIncorporationStateCountryCode": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Two-character EDGAR code representing the state or country of incorporation.", "label": "Entity Incorporation State Country Code", "terseLabel": "Entity Incorporation State Country Code" } } }, "localname": "EntityIncorporationStateCountryCode", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.clearchanneloutdoor.com//20200330/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "edgarStateCountryItemType" }, "dei_EntityRegistrantName": { "auth_ref": [ "r5" ], "lang": { "en-US": { "role": { "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.", "label": "Entity Registrant Name", "terseLabel": "Entity Registrant Name" } } }, "localname": "EntityRegistrantName", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.clearchanneloutdoor.com//20200330/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityTaxIdentificationNumber": { "auth_ref": [ "r5" ], "lang": { "en-US": { "role": { "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.", "label": "Entity Tax Identification Number", "terseLabel": "Entity Tax Identification Number" } } }, "localname": "EntityTaxIdentificationNumber", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.clearchanneloutdoor.com//20200330/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "employerIdItemType" }, "dei_LocalPhoneNumber": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Local phone number for entity.", "label": "Local Phone Number", "terseLabel": "Local Phone Number" } } }, "localname": "LocalPhoneNumber", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.clearchanneloutdoor.com//20200330/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_PreCommencementIssuerTenderOffer": { "auth_ref": [ "r2" ], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.", "label": "Pre Commencement Issuer Tender Offer", "terseLabel": "Pre Commencement Issuer Tender Offer" } } }, "localname": "PreCommencementIssuerTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.clearchanneloutdoor.com//20200330/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_PreCommencementTenderOffer": { "auth_ref": [ "r3" ], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.", "label": "Pre Commencement Tender Offer", "terseLabel": "Pre Commencement Tender Offer" } } }, "localname": "PreCommencementTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.clearchanneloutdoor.com//20200330/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_Security12bTitle": { "auth_ref": [ "r0" ], "lang": { "en-US": { "role": { "documentation": "Title of a 12(b) registered security.", "label": "Security 12b Title", "terseLabel": "Security 12b Title" } } }, "localname": "Security12bTitle", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.clearchanneloutdoor.com//20200330/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "securityTitleItemType" }, "dei_SecurityExchangeName": { "auth_ref": [ "r1" ], "lang": { "en-US": { "role": { "documentation": "Name of the Exchange on which a security is registered.", "label": "Security Exchange Name", "terseLabel": "Security Exchange Name" } } }, "localname": "SecurityExchangeName", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.clearchanneloutdoor.com//20200330/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "edgarExchangeCodeItemType" }, "dei_SolicitingMaterial": { "auth_ref": [ "r4" ], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.", "label": "Soliciting Material", "terseLabel": "Soliciting Material" } } }, "localname": "SolicitingMaterial", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.clearchanneloutdoor.com//20200330/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_TradingSymbol": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Trading symbol of an instrument as listed on an exchange.", "label": "Trading Symbol", "terseLabel": "Trading Symbol" } } }, "localname": "TradingSymbol", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.clearchanneloutdoor.com//20200330/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "tradingSymbolItemType" }, "dei_WrittenCommunications": { "auth_ref": [ "r6" ], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.", "label": "Written Communications", "terseLabel": "Written Communications" } } }, "localname": "WrittenCommunications", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.clearchanneloutdoor.com//20200330/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" } }, "unitCount": 0 } }, "std_ref": { "r0": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b" }, "r1": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "d1-1" }, "r2": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "13e", "Subsection": "4c" }, "r3": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14d", "Subsection": "2b" }, "r4": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14a", "Subsection": "12" }, "r5": { "Name": "Regulation 12B", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b-2" }, "r6": { "Name": "Securities Act", "Number": "230", "Publisher": "SEC", "Section": "425" } }, "version": "2.1" } EXCEL 8 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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end XML 9 d912763d8k_htm.xml IDEA: XBRL DOCUMENT 0001334978 2020-03-30 2020-03-30 false 0001334978 8-K 2020-03-30 CLEAR CHANNEL OUTDOOR HOLDINGS, INC. DE 001-32663 88-0318078 4830 North Loop 1604W Suite 111 San Antonio TX 78249 (210) 547-8800 false false false false Common Stock CCO NYSE false XML 10 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } ZIP 11 0001193125-20-091896-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001193125-20-091896-xbrl.zip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end XML 12 Show.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 13 FilingSummary.xml IDEA: XBRL DOCUMENT 3.20.1 html 1 95 1 false 0 0 false 0 false false R1.htm 100000 - Document - Document and Entity Information Sheet http://www.clearchanneloutdoor.com//20200330/taxonomy/role/DocumentDocumentAndEntityInformation Document and Entity Information Cover 1 false false All Reports Book All Reports d912763d8k.htm cco-20200330.xsd cco-20200330_lab.xml cco-20200330_pre.xml d912763dex991.htm http://xbrl.sec.gov/dei/2019-01-31 true false XML 14 R1.htm IDEA: XBRL DOCUMENT v3.20.1
Document and Entity Information
Mar. 30, 2020
Cover [Abstract]  
Amendment Flag false
Entity Central Index Key 0001334978
Document Type 8-K
Document Period End Date Mar. 30, 2020
Entity Registrant Name CLEAR CHANNEL OUTDOOR HOLDINGS, INC.
Entity Incorporation State Country Code DE
Entity File Number 001-32663
Entity Tax Identification Number 88-0318078
Entity Address, Address Line One 4830 North Loop 1604W
Entity Address, Address Line Two Suite 111
Entity Address, City or Town San Antonio
Entity Address, State or Province TX
Entity Address, Postal Zip Code 78249
City Area Code (210)
Local Phone Number 547-8800
Written Communications false
Soliciting Material false
Pre Commencement Tender Offer false
Pre Commencement Issuer Tender Offer false
Security 12b Title Common Stock
Trading Symbol CCO
Security Exchange Name NYSE
Entity Emerging Growth Company false