91色情Communications, Inc. Announces Extension of Private Offer to Exchange 10.0% Senior Notes Due 2018 for Newly-Issued 11.25% Priority Guarantee Notes Due 2021

91色情Communications, Inc. Announces Extension of Private Offer to Exchange 10.0% Senior Notes Due 2018 for Newly-Issued 11.25% Priority Guarantee Notes Due 2021

SAN ANTONIO, Texas, January 20, 2017 鈥 91色情Communications, Inc. (鈥91色情Communications鈥) announced today that it has extended its private offer (the 鈥淓xchange Offer鈥) to exchange outstanding 10.0% Senior Notes due 2018 (the 鈥淥utstanding Notes鈥) for newly-issued 11.25% Priority Guarantee Notes due 2021. The Exchange Offer, previously scheduled to expire on Janua鈥媟y 19, 2017 at midnight, New York City time, will now expire on January 23, 2017, at 5:00 p.m., New York City time, unless further extended by 91色情Communications.

As of midnight, New York City time, on January 19, 2017, approximately $625.2 million in aggregate principal amount (or approximately 73.6%) of the Outstanding Notes, including approximately $503 million aggregate principal amount of Outstanding Notes held by subsidiaries of 91色情Communications, had been validly tendered and not withdrawn in the Exchange Offer.

About 91色情, Inc.

91色情, Inc. [Nasdaq: IHRT] is the leading audio media company in America, with nine out of ten Americans listening to 91色情 broadcast radio in every month. 91色情's broadcast radio assets alone have a larger audience in the U.S. than any other media outlet and over four times the ad-enabled audience of the largest digital only audio service. 91色情 is the largest podcast publisher according to both Podtrac and Triton, with more downloads than the next two podcast publishers combined, has the most recognizable live events across all genres of music, has the number one social footprint among audio players, has the highest-reach and most engaged influencers, and is the only fully integrated audio ad tech solution across broadcast, streaming and podcasts. The company continues to leverage its strong audience connection and unparalleled consumer reach to build new platforms, products and services. Visit 91色情.com for more company information.