8-K 1 form-8_k.htm FORM 8-K form-8_k.htm







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):   May 17, 2011
 
_____________________________

CC MEDIA HOLDINGS, INC.
(Exact name of registrant as specified in its charter)
_____________________________
 

Delaware
000-53354
26-0241222
(State or other jurisdiction
(Commission File Number)
(I.R.S. Employer
of incorporation)
 
Identification No.)


200 East Basse Road
San Antonio, Texas 78209
(Address of principal executive offices)

Registrant’s telephone number, including area code: (210) 822-2828
 
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:

o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 

 
 




 
 
 


 
Item 5.07                      Submission of Matters to a Vote of Security Holders
 
 
On May 17, 2011, CC Media Holdings, Inc. (the “Company”) held its Annual Meeting of Stockholders.  Set forth below are the final voting results for each proposal submitted to a vote of the stockholders at the Annual Meeting of Stockholders.
 
 
1.           The Company’s stockholders elected each of the twelve nominees for directors to serve until the next Annual Meeting of Stockholders or until his successor shall have been elected and qualified.
 
Proposal 1.  Election of Directors
 
Votes For
   
Votes Withheld
   
Broker Non-Votes
 
                   
Class A Common Stock
                 
David C. Abrams
    16,558,923       4,293,397       614,825  
Irving L. Azoff
    20,828,026       24,294       614,825  
Steven W. Barnes
    18,352,825       2,499,495       614,825  
Richard J. Bressler
    13,958,542       6,893,778       614,825  
Charles A. Brizius
    14,065,352       6,786,968       614,825  
John P. Connaughton
    14,065,634       6,786,686       614,825  
Blair E. Hendrix
    13,943,042       6,909,278       614,825  
Jonathon S. Jacobson
    16,540,505       4,311,815       614,825  
Ian K. Loring
    13,661,234       7,191,086       614,825  
Mark P. Mays
    18,422,532       2,429,788       614,825  
Randall T. Mays
    18,422,532       2,429,788       614,825  
Scott M. Sperling
    18,353,154       2,499,166       614,825  
                         
Class B Common Stock
                       
David C. Abrams
    59,523,048       0       0  
Irving L. Azoff
    59,523,048       0       0  
Steven W. Barnes
    59,523,048       0       0  
Richard J. Bressler
    59,523,048       0       0  
Charles A. Brizius
    59,523,048       0       0  
John P. Connaughton
    59,523,048       0       0  
Blair E. Hendrix
    59,523,048       0       0  
Jonathon S. Jacobson
    59,523,048       0       0  
Ian K. Loring
    59,523,048       0       0  
Mark P. Mays
    59,523,048       0       0  
Randall T. Mays
    59,523,048       0       0  
Scott M. Sperling
    59,523,048       0       0  
                         
Total
                       
David C. Abrams
    76,081,971       4,293,397       614,825  
Irving L. Azoff
    80,351,074       24,294       614,825  
Steven W. Barnes
    77,875,873       2,499,495       614,825  
Richard J. Bressler
    73,481,590       6,893,778       614,825  
Charles A. Brizius
    73,588,400       6,786,968       614,825  
John P. Connaughton
    73,588,682       6,786,686       614,825  
Blair E. Hendrix
    73,466,090       6,909,278       614,825  
Jonathon S. Jacobson
    76,063,553       4,311,815       614,825  
Ian K. Loring
    73,184,282       7,191,086       614,825  
Mark P. Mays
    77,945,580       2,429,788       614,825  
Randall T. Mays
    77,945,580       2,429,788       614,825  
Scott M. Sperling
    77,876,202       2,499,166       614,825  
 
 
 
 

 
 
 
2.           The advisory resolution on executive compensation was approved.
 
Proposal 2.  Approval of the advisory (non-binding) resolution on executive compensation
 
Votes For
   
Votes Against
   
Abstentions
   
Broker Non-Votes
 
                         
Class A Common Stock
    13,858,548       6,985,324       8,448       614,825  
Class B Common Stock
    59,523,048       0       0       0  
                                 
Total
    73,381,596       6,985,324       8,448       614,825  
 

 
3.           In the advisory vote on the frequency of future advisory votes on executive compensation, votes were cast as set forth below.  In light of the voting results, the Company’s Board of Directors has decided that the Company will include an advisory vote on executive compensation in its proxy materials once every three years until the next required advisory vote on the frequency of future advisory votes on executive compensation.  In accordance with the rules and regulations of the Securities and Exchange Commission, the Company is required to hold an advisory vote on the frequency of future advisory votes on executive compensation at least once every six years.
 
Proposal 3.  Advisory (non-binding) vote on the frequency of future advisory votes on executive compensation
 
1 year
   
2 years
   
3 years
   
Abstentions
   
Broker
Non-Votes
 
                               
Class A Common Stock
    7,286,398       48,237       13,508,833       8,852       614,825  
Class B Common Stock
    0       0       59,523,048       0       0  
                                         
Total
    7,286,398       48,237       73,031,881       8,852       614,825  
 

 
4.           The selection of Ernst & Young LLP as the independent registered public accounting firm of the Company for the year ending December 31, 2011 was ratified.
 
Proposal 4.  Ratification of the selection of Ernst & Young LLP as the independent registered public accounting firm for the year ending December 31, 2011
 
Votes For
   
Votes Against
   
Abstentions
   
Broker Non-Votes
 
                         
Class A Common Stock
    21,439,742       26,422       981       0  
Class B Common Stock
    59,523,048       0       0       0  
                                 
Total
    80,962,790       26,422       981       0  
 


 
 

 



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.


 
 
CC MEDIA HOLDINGS, INC.
 
       
       
Date:   May 19, 2011
By:
/s/ Robert H. Walls, Jr.
 
   
Robert H. Walls, Jr.
 
   
Office of the Chief Executive Officer, and
 
   
Executive Vice President, General Counsel and
 
   
Secretary