iHeartMedia, Inc. — Director's Dealing 2008

Jul 30, 2008

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: C C Media Holdings Inc (CCMOV)
CIK: 0001400891
Period of Report: 2008-07-30

Reporting Person: BRIZIUS CHARLES A (Director, 10% Owner)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Common Stock, $0.001 par value per share	$		Class A Common Stock (277778)		Indirect
Class C Common Stock, $0.001 par value per share	$		Class A Common Stock (29483751)		Indirect

Footnotes

F1: Subject to the limitations set forth in the certificate of incorporation of CC Media Holdings, Inc., each share of Class B Common Stock and Class C Common Stock is convertible, upon the election of the holder thereof, into one share of Class A Common Stock at any time.

F2: Represents 277,778 shares held by Clear Channel Capital IV, LLC ("CC IV") out of the total of 555,556 shares of Class B Common Stock held by CC IV.

F3: Mr. Brizius is a member of Thomas H. Lee Advisors, LLC ("THLA"), which is the general partner of Thomas H. Lee Partners, L.P. ("THLP"), which is the sole member of THL Equity Advisors VI, LLC ("THL Advisors"), which is a general partner of Thomas H. Lee Equity Fund VI, L.P. (the "THL Fund"), which holds 50% of the limited liability company interests in CC IV. By virtue of these relationships, Mr. Brizius may be deemed to share voting and dispositive power with respect to the 555,556 shares of Class B Common Stock held by CC IV.

F4: Represents 29,483,751 shares held by Clear Channel Capital V, L.P. ("CC V") out of the total of 58,967,502 shares of Class C Common Stock held by CC V.

F5: Mr. Brizius is a member and managing director of THLA, which is the general partner of THLP, which is the sole member of THL Advisors, which is the general partner of each of the THL Fund, THL Equity Fund VI Investors (Clear Channel), L.P. (the "THL Investors Fund"). The THL Fund and the THL Investors Fund collectively hold 50% of the limited partnership interests in CC V. THL Advisors also holds 50% of the limited liability company interests in CC Capital V Manager, LLC, which is the general partner of CC V. THLP is also the general partner of each of THL Coinvestment Partners, L.P. (Continued in footnote 6)

F6: ("THL Coinvestment") and THL Operating Partners, L.P. ("THL Operating") and THL Advisors is also the general partner of each of Thomas H. Lee Parallel Fund VI, L.P. ("THL Parallel") and Thomas H. Lee Parallel (DT) Fund VI, L.P. ("THL Parallel DT"), each of which entities is a limited partner in the THL Investors Fund. By virtue of these relationships, Mr. Brizius may be deemed to share voting and dispositive power with respect to the 58,967,502 shares of Class C Common Stock held by CC V.