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
- Aug 9: iHeartMedia released its financial report for Q2/24. Podcast revenue was up 8.1% year-on-year to $105mn - a slowing of growth, which the company expects to return to double-digits. Podcasting accounts for 11.3% of the company’s revenue (no change on the quarter).
- Jul 26: In Case You Missed It with Khristina Williams is new from iHeartMedia, breaking down the biggest stories in women’s basketball.
- Jul 8: Around the NFL has been cancelled. No reason was given. It was produced with iHeartMedia.
- Jun 27: Two Guys, Five Rings: Matt, Bowen & The Olympics is new from iHeartMedia and NBCUniversal - hosted by Saturday Night Live’s Bowen Yang and Actor/Comedian Matt Rogers. The team break down the top storylines, discuss the athletes to watch and their results, obsess over Paris culture and find out what really goes on in the Olympic Village. It's part of an iHeartMedia and NBCU collaboration for the Olympics.
- Jun 11: iHeartMedia could go bankrupt again if the company doesn’t restructure its debt, warns Seeking Alpha. The company currently has $5.3bn of debt, and needs to repay $3.1bn by 2026. It emerged from bankruptcy in 2019. Meanwhile, Audacy has settled a $1.4mn unpaid tax claim brought by a Pennsylvania township. The company is emerging from Chapter 11 bankruptcy.
Data credits: Google Maps, Podnews newsletter, Wikipedia