Lowry Mays, who built Clear Channel Communications, dies at 87

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Lowry Mays, who built Clear Channel Communications, dies at 87
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Kathy Mays Johnson said her father recently told her that it had become clear to him that, of everything they’ve done, their lasting legacy will be the Mays Family Foundation, which he established with his wife Peggy Pitman Mays in 1994.

Scott Ball / San Antonio Report

Born in Houston, Mays was 12 years old and living in Dallas when his father Lester Mays, a salesman, was killed in a car crash in 1947. To help support his widowed mother and teenage sister, Mays worked on the family farm and in a local market. Upon returning to the United States, Mays attended Harvard University and earned a master’s in business administration. The couple moved back to San Antonio in 1962 and Mays joined an investment banking firm. In 1970, he formed his own firm.Success! You're on the list.

During that time, the Federal Communications Commission rules prohibited companies from owning more than two radio stations per market. Mays successfully lobbied Congress and in 1996 the Telecommunications Act became law, deregulating media and clearing the way for the growth of Clear Channel. “I had the chance to see Clear Channel in operation and it was clearly the class act of radio companies,” Cisneros said. “It’s an amazing thing that in one lifetime you could build a national enterprise of that nature. But that’s just the quality of business person that he was.”

In San Antonio, significant contributions from Mays resulted in the creation of UT Health’s Mays Cancer Center and an event center at the Witte Museum bearing his family’s name. A $1 million gift to Hemisfair in 2020 is funding the Peggy Mays Garden along East Nueva Avenue between Yanaguana Garden and the future Civic Park.

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