WASHINGTON D.C. - Mark P. Mays, President and Chief Executive Officer of Clear Channel Communications, will speak at The Progress & Freedom Foundation's latest CEO Luncheon, scheduled for October 3rd at the Mandarin Oriental Hotel in Washington, D.C. Mays remarks will discuss the future of the radio marketplace in a world of increased media competition. Specifically, Mays will address the role of "localism" in radio broadcasting and the effect of media ownership regulations on competition in the radio industry. Mays will also address indecency regulations and public interest mandates that are apply specifically to broadcast media. The luncheon address will be followed by a panel discussion featuring Mays and several distinguished media industry analysts.

Mays was appointed in 1996 as President and CEO of Clear Channel Communications, a global corporation with a presence in 63 countries and holdings including more than 1200 radio stations and 35 television stations. Other positions previously held at Clear Channel by Mays include Senior Vice President of Operations as well as Vice President and Treasurer. As President and CEO, May oversees the operations of Clear Channel Radio, TV, Outdoor and Entertainment divisions. Mays is also responsible for adopting the company's current strategy of cross market and cross platform initiatives, adapting Clear Channel to the modern media environment. Prior to joining Clear Channel, Mays worked for Eppler, Guerin & Terner, an investment-banking firm, and for CapCities, a broadcast company now owned by Disney.

In addition to his leadership role at Clear Channel Communications, Mays currently sits on the Radio Board of the National Association of Broadcasters.

Following Mays' address, media industry analysts will participate in a question and answer session that will further address such topics as media ownership, competition and indecency regulations. Panelists scheduled to appear include Blair Levin, Managing Director and Telecom and Media Analyst, Legg Mason; Paul Gallant, Vice President and Sr. Media Analyst, Stanford Washington Research Group; and Christopher Stern, Senior Analyst, Medley Global Advisers.

The event will be held October 3rd, from 12:00 to 2:00 pm at the Mandarin Oriental Hotel, Gallery Room, located at 1330 Maryland Ave. SW. in Washington, D.C. Those interested in attending the event can register online. Questions regarding the event should be directed to Eileen Goulding at 202-289-8928 or egoulding@pff.org. Members of the media should contact Patrick Ross or Amy Smorodin at 202-289-8928, or pross@pff.org and asmorodin@pff.org, respectively.

The Progress & Freedom Foundation is a market-oriented think tank that studies the digital revolution and its implications for public policy. It is a 501(c)(3) research & educational organization.