UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington D.C., 20549

                                    Form 8-K

                                 Current Report
     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

          Date Of Report (Date Of Earliest Event Reported): 09/15/2004

                        CLEAR CHANNEL COMMUNICATIONS INC
             (Exact Name of Registrant as Specified in its Charter)

                        Commission File Number: 001-09645

              TX                                                 74-1787539
(State or Other Jurisdiction of                               (I.R.S. Employer
Incorporation or Organization)                              Identification No.)

                                  200 E. Basse
                              San Antonio, TX 78209
          (Address of Principal Executive Offices, Including Zip Code)

                                  210-822-2828
              (Registrant's Telephone Number, Including Area Code)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange
Act(17CFR240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act(17CFR240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act(17CFR240.13e-4(c))



                       Items to be Included in this Report

Item 8.01.    Other Events

      On September 15, 2004, Clear Channel Communications, Inc. entered into an
underwriting agreement for the public offering of $750 million of its 5.5% Notes
Due 2014. Closing of the transaction occurred on September 20, 2004. The purpose
of this report is to permit the registrant to file herewith those exhibits
listed in Item 9.01 below.

Item 9.01. Financial Statements and Exhibits

(c) Exhibits

1.1   Underwriting Agreement dated September 15, 2004, by and among Clear
      Channel Communications, Inc., Citigroup Global Markets Inc., and Wachovia
      Capital Markets, LLC.

5.1   Opinion of Akin Gump Strauss Hauer & Feld LLP.

10.1  Seventeenth Supplemental Indenture dated as of September 20, 2004, to
      Senior Indenture dated October 1, 1997, by and between Clear Channel
      Communications, Inc. and The Bank of New York, as Trustee.

                                  Signature(s)

      Pursuant to the Requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this Report to be signed on its behalf by the
Undersigned hereunto duly authorized.

                                CLEAR CHANNEL COMMUNICATIONS, INC.


Date: September 21, 2004        By: /s/ HERBERT W. HILL JR.
                                    ----------------------------------------
                                    Herbert W. Hill, Jr.
                                    Sr. Vice President/Chief Accounting Officer



                                INDEX TO EXHIBITS

1.1   Underwriting Agreement dated September 15, 2004, by and among Clear
      Channel Communications, Inc., Citigroup Global Markets Inc., and Wachovia
      Capital Markets, LLC.

5.1   Opinion of Akin Gump Strauss Hauer & Feld LLP.

10.1  Seventeenth Supplemental Indenture dated as of September 20, 2004, to
      Senior Indenture dated October 1, 1997, by and between Clear Channel
      Communications, Inc. and The Bank of New York, as Trustee.