Filed by Clear Channel Communications, Inc.
                           Pursuant to Rule 425 under the Securities Act of 1933
                             Subject Company: Clear Channel Communications, Inc.
                                                      Commission File No. 1-9645

    The following  communications contain forward-looking  statements within the
meaning of the Safe  Harbor  Provisions  of the  Private  Securities  Litigation
Reform Act of 1995. The  forward-looking  statements  include references made in
the following press release, such as statements regarding:

    o    future financial and operating results,

    o    the proposed Clear Channel/AMFM merger,

    o    the operation and prospects of the combined Clear Channel/AMFM, and

    o    completion and benefits of pending acquisitions.

    Such  statements are based on management's  current  expectations or beliefs
and are subject to a number of factors and uncertainties that could cause actual
results  to  differ  materially  from  those  described  in the  forward-looking
statements.  In particular,  the following  factors,  among others,  could cause
actual results to differ materially from those described in the  forward-looking
statements:  inability to obtain, or meet conditions  imposed for,  governmental
approvals for the merger;  failure of the Clear Channel and AMFM stockholders to
approve the merger; the risk that the Clear Channel and AMFM businesses will not
be  integrated  successfully;  costs  related  to the  merger;  risks of new and
changing regulation in the U.S. and internationally.

    For a detailed discussion of these and other cautionary  statements,  please
refer to Clear  Channel's  filings with the Securities and Exchange  Commission,
especially  in the "Item 1.  Business  -  Forward-Looking  Statements  May Prove
Inaccurate"  section  of Clear  Channel's  Form 10-K for the  fiscal  year ended
December 31, 1998.



THE  FOLLOWING IS THE PRESS  RELEASE  DISSEMINATED  BY CLEAR CHANNEL ON MARCH 9,
2000.






                 [CLEAR CHANNEL COMMUNICATIONS, INC. LETTERHEAD]
                                                                    NEWS RELEASE

FOR IMMEDIATE RELEASE

                  CLEAR CHANNEL FILES AMFM MERGER DIVESTITURES
                                  WITH THE FCC

    SAN ANTONIO,  TEXAS,  MARCH 9, 2000...  Clear Channel  Communications,  Inc.
(NYSE:  CCU) today  announced  that it has entered  into  definitive  agreements
regarding the proposed  divestiture  of 16 stations in 7 markets in  conjunction
with the  Company's  pending  merger with AMFM,  Inc (NYSE:  AFM).  The proposed
divestitures  are subject to customary  regulatory  approvals and are contingent
upon the closing of the  previously  announced  merger between Clear Channel and
AMFM, Inc. The following  listing of divestitures is not a complete  listing and
is subject  to change.  Clear  Channel  will  announce  the  remaining  required
divestitures in the near future.

                                BUYER                   MARKET        STATIONS
                                -----                   ------        --------
        Barnstable Broadcasting, Inc.            Des Moines    KGGO-FM / KHKI-FM
                                                 Greenville    WROQ-FM / WTPT-FM
        Inner City Broadcasting Corp.            Columbia      WARQ-FM / WMFX-FM
                                                             / WOIC-AM / WWDM-FM
                                                 Jackson       WJMI-FM / WKXI-AM
                                                             / WKXI-FM / WOAD-AM
                                                 Pickens       WYJS-FM
        Rodriguez Communications, Inc.           San Francisco KXJO-FM
        Saga Communications, Inc.                Northampton   WHMP-FM / WHMP-AM


ABOUT CLEAR CHANNEL COMMUNICATIONS

Clear  Channel  Communications,  Inc.,  is a global  leader  in the  out-of-home
advertising  industry with radio and television stations and outdoor displays in
36 countries around the world. Including announced  transactions,  Clear Channel
operates  874 radio and 19  television  stations  in the  United  States and has
equity interests in over 240 radio stations internationally.  Clear Channel also
operates more than 550,000 outdoor advertising  displays,  including billboards,
street   furniture  and  transit  panels  across  the  world.   The  Company  is
headquartered in San Antonio, Texas.

For  further  information  contact  Terri  Hunter,  Vice  President  of Investor
Relations  or  Lanita  Edwards  at (210)  822-2828  or  visit  our  web-site  at
www.clearchannel.com.

Certain  statements  in this  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
the Company to be materially  different from any future results,  performance or
achievements expressed or implied by such forward-looking statements.



INVESTORS   AND   SECURITY   HOLDERS   ARE  ADVISED  TO  READ  THE  JOINT  PROXY
STATEMENT/PROSPECTUS  REGARDING THE BUSINESS COMBINATION  TRANSACTION REFERENCED
IN THE FOREGOING INFORMATION, WHEN IT BECOMES AVAILABLE, BECAUSE IT WILL CONTAIN
IMPORTANT INFORMATION.  SUCH JOINT PROXY STATEMENT/PROSPECTUS WILL BE FILED WITH
THE SECURITIES  AND EXCHANGE  COMMISSION BY CLEAR CHANNEL  COMMUNICATIONS,  INC.
INVESTORS  AND  SECURITY  HOLDERS  MAY  OBTAIN A FREE  COPY OF THE  JOINT  PROXY
STATEMENT/PROSPECTUS (WHEN AVAILABLE) AND OTHER DOCUMENTS FILED BY CLEAR CHANNEL
AT   THE   COMMISSION'S    WEB   SITE   AT   www.sec.gov.    THE   JOINT   PROXY
STATEMENT/PROSPECTUS  AND SUCH OTHER  DOCUMENTS  MAY ALSO BE OBTAINED FROM CLEAR
CHANNEL BY DIRECTING  SUCH REQUEST TO CLEAR CHANNEL  COMMUNICATIONS,  INC.,  200
CONCORD PLAZA, SUITE 600, SAN ANTONIO,  TEXAS 78216, ATTN:  INVESTOR  RELATIONS,
TEL: (210) 822-2828.