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iHeartmedia (formerly Clear Channel) Licenses The Mark “THE PARTY” from Cromwell

iHeartmedia (formerly Clear Channel) Communications, Inc. and The Cromwell Group, Inc. of Nashville, Tennessee have settled by agreement a federal trademark infringement lawsuit filed in December of 2006 by Cromwell against iHeartmedia (formerly Clear Channel) in the U.S. Federal District Court for the Middle District of Tennessee pertaining to iHeartmedia (formerly Clear Channel)’s use of the mark THE PARTY in connection with various radio stations.

In accordance with the terms of the agreement, iHeartmedia (formerly Clear Channel) will license from Cromwell the right to utilize the mark THE PARTY in connection with radio stations broadcasting in Las Vegas, Nevada and Denver, Colorado.

Cromwell’s president Bayard Walters indicates that the company plans to continue to protecting THE PARTY trademark. Cromwell encourages any stations that currently may be utilizing THE PARTY without a license to be proactive in contacting the company at 615-361-7560 or by fax at 615-366-4313 or via e-mail at: [email protected]”

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