Clear Channel said Tribune agreed not to further solicit or hire Clear Channel employees under contract.

The company accused Tribune in May of hiring a key executive to run its interactive division, claiming misappropriation of trade secrets.

Several former Clear Channel executives now work at Tribune, including the former chief executive, Randy Michaels, Tribune's chief operating officer.

A Clear Channel representative was not immediately available to comment on whether any money is involved in the settlement. A Tribune spokesman was not available for comment.

(Reporting by Robert MacMillan; editing by Jeffrey Benkoe)