Exhibit 99.1

Subject to Substantial Revision | Subject to FRE 408 and TRE 408 Subject to Confidentiality Agreements each dated as of November 21, 2017 Summary Term Sheet STRUCTURE /    Fully consensual transaction IMPLEMENTATION ABL    Remains outstanding and/or refinanced at closing Debt Consideration $[7.0]bn new debt at recapitalized iHeart [5-7] year maturity TERM LOANS    Collateral in substantially all assets of recapitalized iHeart AND PGNS Equity Consideration [87.5]% equity in recapitalized iHeart [87.5]% of iHeart’s ownership in Outdoor1 2018 & 2027    $[300]mm senior debt LEGACY NOTES    New debt will be pari passu with new senior debt issued to the Term Loans and PGNs 10% NOTES DUE 2018    Outstanding balance paid 14% NOTES DUE 2021    $[250]mm junior debt EXISTING IHM    [12.5]% equity in recapitalized iHeart EQUITY    [12.5]% of iHeart’s ownership in Outdoor1 MANAGEMENT    MIP to be negotiated OTHER    Full and mutual releases Note: Tax analysis of proposed structure is still under review by Kirkland & Ellis and the Company. 1. Reflects iHeartMedia’s ownership in Outdoor (e.g., 100% = 89.5% direct ownership). Assumes public stub remains outstanding.

Subject to Substantial Revision | Subject to FRE 408 and TRE 408 Subject to Confidentiality Agreements each dated as of November 21, 2017
Pro Forma Cap Tables and Equity Ownership
MEDIA    
iHeartCommunications
($ in millions) Maturity Current Adj. Pro Forma
Existing iHC Debt
ABL Credit Facility1 12/24/17 $365 — $365
Term Loan D 01/30/19 5,000 (5,000) —
Term Loan E 07/30/19 1,300 (1,300) —
Priority Guarantee Notes—9.00% 12/15/19 2,000 (2,000) —
Priority Guarantee Notes—9.00% 03/01/21 1,750 (1,750) —
Priority Guarantee Notes—11.25% 03/01/21 872 (872) —
Priority Guarantee Notes—9.00% 09/15/22 1,000 (1,000) —
Priority Guarantee Notes—10.625% 03/15/23 950 (950) —
Senior Notes—14.00% 02/01/21 1,764 (1,764) —
Senior Notes—6.875% 06/15/18 175 (175) —
Senior Notes—7.25% 10/15/27 300 (300) —
Senior Notes—10.00% 01/15/18 52 (52) —
Total Existing Debt $15,527 ($15,162) $365
New Debt    
Senior Takeback Paper [12/31/23] — $7,000 $7,000
Senior Debt (to Legacy Notes)3 [12/31/23] — 300 300
Junior Debt [12/31/25] — 250 250
Total New Debt — $7,550 $7,550
Total Media Debt $15,527 $7,915
OUTDOOR                
Clear Channel Outdoor                
($ in millions) Maturity Current Adj. Pro Forma
Senior Revolving Credit Facility 08/22/18 — — —
6.5% Series A Senior Notes 11/15/22 736 — 736
6.5% Series B Senior Notes 11/15/22 1,989 — 1,989
7.625% Series A Senior Sub Notes 03/15/20 275 — 275
7.625% Series B Senior Sub Notes 03/15/20 1,925 — 1,925
8.75% Senior Notes 12/15/20 375 — 375
Total Debt $ 5,300 — $ 5,300
Total Outdoor Debt $ 5,300 $ 5,300
PRO FORMA EQUITY OWNERSHIP    
Equity Split    Media Outdoor²
TLs / PGNs    87.5% 87.5%
Existing Equity    12.5% 12.5%
Total    100.0% 100.0%
Note:
1. Assumes ABL is refinanced.
2. Reflects iHeartMedia’s ownership in Outdoor (e.g., 100% = 89.5% direct ownership). Assumes public stub remains outstanding.
3. The new debt will be pari passu with the new debt issued to the Term Loans and PGNs.