iHeartMedia
Address: 32 6th Ave, New York, NY 10013, USA
iHeartMedia, Inc., or CC Media Holdings, Inc., is an American mass media corporation headquartered in San Antonio, Texas. It is the holding company of iHeartCommunications, Inc., formerly Clear Channel Communications, Inc., a company founded by Lowry Mays and Red McCombs in 1972, and later taken private by Bain Capital and Thomas H. Lee Partners in a leveraged buyout in 2008. Wikipedia
Website: www.iheartmedia.com
Symbol: NASDAQ:IHRT
Owns
Latest news
- May 9: iHeartMedia reported its Q1/24 financial results. Podcast revenue was up 18% year-on-year to $91mn, 11.3% of the company’s overall revenue.
- Apr 24: iHeartMedia has launched the Women’s Sports Audio Network, which it calls the first ever audio platform dedicated to women’s sports.
- Apr 23: EXCLUSIVE: The Webby Awards will announce the winners of the 28th annual awards later today. Podnews can reveal that Julia Louis-Dreyfus will receive the Webby Podcast of the Year Award for Lemonada Media’s Wiser Than Me and her embrace of the internet as a platform for connecting generations through meaningful, funny and important conversations with unforgettable women. The Webby Podcast Company of the Year goes to iHeartMedia. We’ve details of 14 more awards, ahead of the release of the full list.
- Apr 2: Ted Cruz says he makes no money from his podcast, Verdict; but - in a move questioned by ethics experts - it’s emerged that his publisher iHeartMedia has paid $630,850 to a “super PAC” supporting his re-election, claims the Houston Chronicle. Cruz is standing again as US Senator from Texas; iHeartMedia is headquartered in San Antonio TX.
- Mar 1: iHeartMedia released its Q4 financials. Podcast revenue was $132 million, up 17% for the quarter, and up 14% for the whole of 2023. The company claims growing demand for podcast advertising.
Data credits: Google Maps, Podnews newsletter, Wikipedia