Clear Channel Announces Concert Spin-Off And Names Rapino Head

CelebrityAccess MediaWire – Clear Channel Communications has named Michael Rapino as chief executive officer of CCE SpinCo, Inc., a newly created entity that will hold substantially all of the company’s live entertainment businesses, including global music, global theater, sports representation and motor sports businesses. Rapino replaces Randall Mays, who was named Interim Chairman and CEO earlier this year.  – Bob Grossweiner and Jane Cohen