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): 05/05/2005

                        CLEAR CHANNEL COMMUNICATIONS INC
             (Exact Name of Registrant as Specified in its Charter)

                        Commission File Number: 001-09645

                    TX                                       74-1787539
     (State or Other Jurisdiction of                      (I.R.S. Employer
      Incorporation or Organization)                     Identification No.)

                                  200 E. Basse
                              San Antonio, TX 78209
          (Address of Principal Executive Offices, Including Zip Code)

                                  210-822-2828
              (Registrant's Telephone Number, Including Area Code)

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 (see General Instruction A.2. below):

[ ]  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))




                       Items to be Included in this Report


Item 8.01.   OTHER EVENTS

On May 6, 2005, Clear Channel Communications, Inc. issued a press release
announcing that it had agreed to purchase 5,690,800 shares of the Company's
common stock from affiliates of Hicks, Muse, Tate & Furst, L.P. at $31.63 per
share, the closing price of its common stock on May 4, 2005. The purpose of this
report is to permit the registrant to file herewith those exhibits listed in
Item 9.01 below.


Item 9.01.   FINANCIAL STATEMENTS AND EXHIBITS

       (c)   Exhibits

       99.1  Press Release of Clear Channel Communications issued May 6, 2005.




                                  Signature(s)

     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: May 6, 2005           By: /s/ HERBERT W. HILL, JR.
                                     -------------------------------------------
                                     Herbert W. Hill, Jr.
                                     Sr. Vice President/Chief Accounting Officer






                                INDEX TO EXHIBITS


99.1   Press Release of Clear Channel Communications issued May 6, 2005.