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New York, NY and Washington, DC – October 18, 2011 – Clear Channel Radio, the leading media company in America with a greater reach than any radio or television outlet, today announced an exclusive agreement naming LivingSocial as the sole daily deal provider on more than 500 Clear Channel radio stations in 90 cities nationwide. The agreement enables LivingSocial, the online and mobile source for great local values, to showcase its daily deals to more than 80 million listeners each week, leveraging Clear Channel’s national reach and local activation capabilities.

“Clear Channel is dedicated to serving our listeners in local communities around the country and this is another way we can bring them great values in their own backyard,” said John Hogan, CEO of Clear Channel Radio. “LivingSocial’s variety of entertaining deals combined with Clear Channel’s impressive reach will help listeners find great local values all across the country.”

Throughout each day, local station personalities will describe the LivingSocial daily deal for their market, also accessible through Clear Channel Radio station websites. In addition to daily deal announcements, Clear Channel will feature other LivingSocial offerings, including LivingSocial Escapes and Adventures packages, across its media platforms.

“We’re delighted to be working with Clear Channel and their deep, well established network of radio stations and millions of listeners across the country,” said Tim O’Shaughnessy, Co-Founder and CEO of LivingSocial. “Radio stations are a primary means for people to find entertainment and learn what’s going on in their communities. This matches perfectly with LivingSocial’s mission to help people find great deals and values around them.”

LivingSocial serves more than 46 million members in more than 603 daily deal markets worldwide. Other great services LivingSocial members can take part in are:

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About��LivingSocial��

LivingSocial helps people around the world find, share and enjoy great local deals and new experiences. We'll help you get more out of your city. Through its daily deal e-mails and alerts, LivingSocial introduces members to handpicked local businesses, products or services each day at significant savings. With a range of products for different interests, like Families and Adventures, LivingSocial helps delight members with the perfect deal for them. Other services include LivingSocial Escapes, which features easy "vacations in a box" to leading destinations, and LivingSocial Instant, which helps members discover real-time discounts at nearby restaurants, stores and businesses. LivingSocial works with each merchant partner to create customized marketing solutions that attract and retain loyal, long-term customers. Based in Washington, D.C., LivingSocial now has more than 47 million members in 25 countries.