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)
                                 April 10, 1998
                                 (April 1, 1998)

                       Clear Channel Communications, Inc.
             (Exact name of registrant as specified in its charter)

                                      Texas
                            (State of Incorporation)

         1-9645                                                 74-1787536
(Commission File Number)                   (I.R.S. Employer Identification No.)

                          200 Concord Plaza, Suite 600
                            San Antonio, Texas 78216
                                 (210) 822-2828
          (Address and telephone number of principal executive offices)





                       Clear Channel Communications, Inc.
                                    Form 8-K

Item 2.(a)        Acquisition or Disposition of Assets.

On  April 1,  1998,  Clear  Channel  Communications,  Inc.,  (the  "Company"  or
"Registrant"),  a  Texas  corporation,  and  Universal  Outdoor  Holdings,  Inc.
("Universal"),  a Delaware  corporation,  consummated  a merger  (the  "Merger")
whereby UH Merger Sub,  Inc.  ("Sub") a Delaware  corporation  and  wholly-owned
subsidiary  of the  Company,  was  merged  with and into  Universal,  an outdoor
advertising  holding company,  pursuant to the Agreement and Plan of Merger (the
"Merger  Agreement"),  dated  October  23,  1997.  As a  result  of the  Merger,
Universal has become a wholly-owned subsidiary of the Company

Pursuant to the terms of the Merger Agreement, each issued and outstanding share
of common stock,  other than shares owned  directly or indirectly by the Company
or by Universal,  of Universal ("Universal Common Stock") was converted into and
became  exchangeable  for .67 shares of common stock, par value $0.10 per share,
of  the  Company  ("Clear  Channel  Common  Stock").   The  Company  will  issue
approximately  19.3 million shares of Clear Channel Common Stock in exchange for
shares of Universal Common Stock.

Item 2.(b)

Universal's  operations include approximately 34,000 outdoor advertising display
faces in 18  markets.  The  registrant  intends to continue to use the assets of
Universal to provide outdoor advertising services.

Item 7.(a)        Financial Statements of Businesses Acquired.

The consolidated  audited balance sheet of Universal as of December 31, 1997 and
the consolidated  statement of income and cash flows of Universal for the fiscal
year ended  December 31, 1997 have been filed with the  Securities  and Exchange
Commission  (the  "SEC") as part of the  Company's  Current  Report on Form 8-K,
dated March 12, 1998 and are incorporated herein by reference.

Item 7. (b)       Pro Forma Financial Information.

The pro forma combined  condensed  balance sheet of the Company and Universal as
of  December  31,  1997  and the  pro  forma  combined  condensed  statement  of
operations  of the Company and  Universal  for the year ended  December 31, 1997
have been filed  with the SEC as part of the  Company's  Current  Report on Form
8-K, dated March 12, 1998 and are incorporated herein by reference.






Item 7.(c)        Exhibits

EXHIBIT NO.                     DESCRIPTION

      2.1         -- Agreement  and Plan of Merger dated as of October 23, 1997,
                  among Universal  Outdoor Holdings,  Inc., the Company,  and UH
                  Merger Sub, Inc.  (previously  filed on the Company's  Current
                  Report on Form 8-K dated November 3, 1997.)

      2.2         -- Resale  Agreement  dated as of October  23,  1997,  by and 
                  among the Company and Daniel L. Simon.(previously filed on the
                  Company's Registration Statement on Form S-4 
                  (file No. 333-43747)).





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 Communications, Inc.

Date              April 10, 1998              By       /s/HERBERT W. HILL, JR.
                                              Herbert W. Hill, Jr.
                                              Senior Vice President/
                                              Chief Accounting Officer





                                INDEX TO EXHIBITS

EXHIBIT NO.                     DESCRIPTION

      2.1         -- Agreement  and Plan of Merger dated as of October 23, 1997,
                  among Universal  Outdoor Holdings,  Inc., the Company,  and UH
                  Merger Sub, Inc.  (previously  filed on the Company's  Current
                  Report on Form 8-K dated November 3, 1997.)

      2.2         -- Resale  Agreement  dated as of October  23,  1997,  by and
                  among the Company and Daniel L. Simon. (previously filed on
                  the Company's Registration Statement on Form S-4
                  (file No. 333-43747)).