iHeartMedia

iHeartMedia, Inc. engages in the provision of media and entertainment services. It operates through the following segments: Multiplatform Group, Digital Audio Group, and Audio and Media Services Group. The Multiplatform Group segment consists of Broadcast radio, Networks and Sponsorships and Events businesses. The Digital Audio Group segment focuses on the Digital businesses, including Podcasts. The Audio and Media Services segment includes Katz Media Group (“Katz Media”), the company's full-service media representation business, and RCSSound Software (RCS), a provider of scheduling and broadcast software and services. The company was founded by L. Lowry Mays and B. J. McCombs in May 2007 and is headquartered in San Antonio, TX.

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iHeartMedia achieves record Q4 earnings, eyes digital growth amid challenges

iHeartMedia's Q4 2022 earnings call showcased exceptional financial performance, operational efficiency gains, and strategic initiatives positioning the company for long-term success. While facing near-term revenue challenges and margin pressures from low-margin businesses, iHeartMedia remains focused on growth opportunities in digital audio and broadcast radio.

iHeartMedia surpasses Q1 expectations, eyes podcasting growth and efficiency

iHeartMedia's Q1 performance exceeded expectations, with strengths in podcasting and market positioning offsetting challenges in the Multiplatform Group.
The company's focus on revenue growth, cost management, and technology investments align with opportunities in podcasting, marketplaces, and operational efficiency.
While facing revenue declines and cash flow challenges, iHeartMedia remains optimistic about future performance, driven by podcasting, streaming, and AI initiatives.
Management's emphasis on financial discipline, margin improvements, and efficiency enhancements underpin iHeartMedia's strategy for sustained growth and market leadership.

iHeartMedia reports solid Q2 performance, eyes strong Q4 recovery

iHeartMedia delivered a solid Q2 performance meeting adjusted EBITDA guidance and generating positive free cash flow. The company faces challenges with revenue declines and a significant impairment charge but anticipates a strong Q4 recovery.
Strengths lie in financial discipline, strategic marketing prowess, and effective consumer engagement strategies. Opportunities include leveraging digital channels, enhancing data capabilities, and capitalizing on podcasting's engagement potential.
Navigating challenges while capitalizing on opportunities will be key for iHeartMedia's growth and resilience. The company's strategic foresight and market understanding position it well for the future despite short-term hurdles.
Investments in data capabilities, digital channels, and maintaining positive free cash flow will be crucial for iHeartMedia's success amidst evolving market dynamics and competition.

iHeartMedia surpasses Q3 expectations with strong podcasting and digital growth

iHeartMedia's Q3 performance exceeded expectations, driven by strong podcast and digital revenue growth.
While facing challenges in Q4, the company remains confident in its growth trajectory for 2024.
Strategic focus on podcasting, AI, and event monetization positions iHeartMedia for continued success.
Efforts to optimize costs and diversify revenue streams are key priorities for sustained growth.

iHeartMedia reports strong Q4 results, eyes growth in digital audio

iHeartMedia's Q4 performance was solid, with a focus on digital growth and profitability enhancements.
While facing challenges in certain segments, the company is strategically positioned to capitalize on opportunities in broadcast radio and podcasting.
Investors can look forward to a recovery year in 2024, marked by growth initiatives and improved financial performance.

iHeartMedia meets Q1 targets, eyes podcast growth for future success

iHeartMedia's Q1 performance aligned with expectations, with a focus on podcasting growth.
While facing revenue challenges in some segments, the company maintains financial stability.
Opportunities lie in leveraging podcasting momentum and enhancing revenue diversification.
Strategic cost management and digital innovation are key for sustained growth and profitability.

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NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (NASDAQ: IHRT) (“iHeartMedia”, the “Company” or “we”) announced the November 15, 2024 commencement of (i) exchange offers (the “Exchange Offers”) for iHeartCommunications, Inc.'s (“Communications”) outstanding 6.375% Senior Secured Notes due 2026 (the “Existing 2026 Secured Notes”), 5.250% Senior Secured Notes due 2027 (the “Existing 2027 Secured Notes”), 4.750% Senior Secured Notes due 2028 (the “Existing 2028 Secured Notes” and together with the Ex.

iHeartMedia Announces Exchange Offers and Consent Solicitations for Existing Notes and Term Loans

NEW YORK--(BUSINESS WIRE)--iHeartMedia announced that the annual station flip to holiday music kicks off today with more than 85 stations across the country broadcasting the season's festive music from today's biggest artists as well as Christmas classics from Bing Crosby, Dean Martin, Frank Sinatra and more 24/7. Continuing the celebration of the holiday season, the iHeartRadio Holiday Special returns this year hosted by Mario Lopez, the event will feature interviews with Dan + Shay, Jennifer.

iHeartMedia Celebrates the Holiday Season with Annual Holiday Music Flip Across Broadcast Stations Nationwide and the Return of the “iHeartRadio Holiday Special”

iHeartMedia, Inc. (NASDAQ:IHRT ) Q3 2024 Results Conference Call November 7, 2024 8:30 AM ET Company Participants Mike McGuinness - Head, Investor Relations Bob Pittman - Chairman and CEO Rich Bressler - President, Chief Operating Officer and CFO Conference Call Participants Stephen Laszquez - Goldman Sachs Jim Goss - Barrington Research David Hamburger - Morgan Stanley Operator Thank you for standing by. My name is Rebecca, and I will be your conference operator today.

iHeartMedia, Inc. (IHRT) Q3 2024 Earnings Call Transcript

Why is iHeartMedia's stock soaring despite mixed earnings results? The headline numbers don't tell the whole story.

Why iHeartMedia Stock Is Soaring Today

IHeartMedia (IHRT) came out with a quarterly loss of $0.16 per share versus the Zacks Consensus Estimate of $0.02. This compares to loss of $0.06 per share a year ago.

IHeartMedia (IHRT) Reports Q3 Loss, Tops Revenue Estimates

NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (Nasdaq: IHRT) today reported financial results for the quarter ended September 30, 2024. Financial Highlights:1 Announced Debt Exchange Transactions and Cost Efficiency Actions Entered into a transaction support agreement with a group of debt holders representing approximately 80% of the Company's outstanding term loan and notes to exchange $4.1 billion of existing debt; extend maturities by three years; keep consolidated annual cash interest essent.

iHeartMedia, Inc. Reports Results for 2024 Third Quarter

NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (NASDAQ: IHRT) (“iHeartMedia” or the “Company”) today announced that it and certain of its subsidiaries (collectively with the Company, the “iHeartMedia Parties”) have entered into a Transaction Support Agreement (the “TSA”) with certain lenders and holders (or their managers, advisors or sub-advisors) (collectively, the “Initial Supporting Holders”) of iHeartCommunications, Inc.'s (“iHeartCommunications”) outstanding notes and term loans. The Initia.

iHeartMedia Enters into Transaction Support Agreement to Strengthen Balance Sheet

IHeart Media is slashing hundreds of jobs as the debt-ridden radio and podcast giant has been crushed by music streaming, The Post has learned.

Radio giant iHeart Media slashes hundreds of jobs amid industry struggles

IHeartMedia (IHRT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

IHeartMedia (IHRT) Earnings Expected to Grow: Should You Buy?

NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (NASDAQ: IHRT) announced today that on Thursday November 7th, 2024, it will issue financial results for the quarter ending September 30, 2024. The company will conduct a conference call at 8:30 a.m. (ET), following the release of its earnings announcement, to discuss its financial results and business outlook. A live audio webcast of the call will be available on the Investors homepage of iHeartMedia's website (https://investors.iheartmedia.com/) beg.

iHeartMedia, Inc. to Report Quarterly Financial Results on November 7, 2024

NEW YORK--(BUSINESS WIRE)--iHeartMedia announced today the lineup for the eighth annual “iHeartRadio ALTer EGO Presented by Capital One.” The biggest names in Alternative Rock will come together including Cage The Elephant, Fontaines D.C., Glass Animals, Incubus, St. Vincent, The Head And The Heart, The Lumineers, The Offspring and a special performance from Damiano David at the Kia Forum in Los Angeles on January 11, 2025 hosted by Woody of iHeartRadio ALT 98.7's nationally syndicated “The Woo.

iHeartMedia Brings Alternative Rock's Biggest Names Together Live for the 2025 “iHeartRadio ALTer EGO Presented by Capital One”

NEW YORK--(BUSINESS WIRE)--iHeartMedia, the #1 audio company in America by reach, and Whalar Group, the leading global Creator Company on a mission to liberate creative voices , today announced a unique partnership that will provide creators and marketers additional opportunities to reach their audiences across iHeart's industry-leading broadcast, podcast, digital, live events and social platforms. The two companies will collaborate to provide advertisers and marketers innovative ways to strate.

iHeartMedia and Whalar Group Announce Partnership to Expand Opportunities for Creators and Marketers and Build Scale Through iHeart's Industry-Leading Audio Platforms

NEW YORK--(BUSINESS WIRE)--iHeartMedia will celebrate the holiday season across the nation with its annual “iHeartRadio Jingle Ball Tour Presented by Capital One” – the season's iconic holiday music event, with the year's top artists including Katy Perry, SZA, Tate McRae, Jack Harlow, twenty one pilots, Teddy Swims, Meghan Trainor, Camila Cabello, Kane Brown, Jason Derulo, Benson Boone, Gracie Abrams and more. This year, the 2024 iHeartRadio Jingle Ball Tour Presented by Capital One will stop in Dallas/Fort Worth; Los Angeles; Chicago; Detroit; New York; Boston; Philadelphia; Washington, D.C.; Atlanta; and Miami.

iHeartMedia Rings in the Holiday Season with Its Iconic 2024 National ‘iHeartRadio Jingle Ball Tour Presented by Capital One'

iHeartMedia, Inc. benefits from political ad spending and interest rate cuts, generating positive cash flows to repay debt despite debt concerns. The company forecasts 2024 political ad revenue to rise 20%, boosting overall revenue growth and adjusted EBITDA performance. Podcast business growth is crucial, with the potential to reach $200-$300 million in quarterly sales, but needs double-digit growth to achieve targets.

iHeartMedia: Beneficiary Of 2 Big Cycles

NEW YORK--(BUSINESS WIRE)--iHeartMedia, the No. 1 audio company in the United States with 9 out of 10 Americans listening to iHeart broadcast radio every month, in partnership with bestselling author and podcaster Malcolm Gladwell's Pushkin Industries, today released the findings from its second annual study, “The New American Consumer 2.0.” The study, which found that nearly half of Americans (44 percent) feel ignored by advertisers, highlights the stark differences between a large group of Am.

New Study From iHeartMedia and Malcolm Gladwell's Pushkin Industries Finds Consumers Feel Increasingly Ignored By Advertisers – And Provides Key Insights to Help Marketers Reach the 44 Percent of Consumers Who Feel Unserved

LOS ANGELES--(BUSINESS WIRE)--Airtasker (ASX: ART), the global marketplace for local services, today announced strategic media partnerships with leading U.S. media giants iHeartMedia (iHeart) and TelevisaUnivision (TelevisaUnivision). These strategic alliances mark a significant milestone in Airtasker's U.S. expansion, designed to accelerate growth and amplify brand recognition across the country. Partnership with TelevisaUnivision: Airtasker USA will leverage TelevisaUnivision's extensive line.

Airtasker Turbocharges U.S. Expansion with $9.75 Million Strategic Media Partnerships with iHeartMedia and TelevisaUnivision

Investors need to pay close attention to iHeartMedia (IHRT) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in iHeartMedia (IHRT) Stock?

iHeartMedia, Inc. (IHRT) Q2 2024 Earnings Call Transcript

IHeartMedia (IHRT) came out with a quarterly loss of $0.23 per share versus the Zacks Consensus Estimate of a loss of $0.31. This compares to loss of $5.93 per share a year ago.

IHeartMedia (IHRT) Reports Q2 Loss, Tops Revenue Estimates

NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (Nasdaq: IHRT) today reported financial results for the quarter ended June 30, 2024. Financial Highlights:1 Q2 2024 Consolidated Results Q2 Revenue of $929 million, up 1.0%; above guidance of approximately flat Excluding Q2 Political Revenue, Q2 Revenue flat GAAP Operating loss of $910 million vs. $897 million in Q2 2023, including non-cash impairment charges of $920 million in Q2 2024 and $961 million in Q2 2023 Consolidated Adjusted EBITDA of $150.

iHeartMedia, Inc. Reports Results for 2024 Second Quarter

NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (NASDAQ: IHRT) announced today that on Thursday August 8th, 2024, it will issue financial results for the quarter ending June 30, 2024. The company will conduct a conference call at 8:30 a.m. (ET), following the release of its earnings announcement, to discuss its financial results and business outlook. A live audio webcast of the call will be available on the Investors homepage of iHeartMedia's website (https://investors.iheartmedia.com/) beginning.

iHeartMedia, Inc. to Report Quarterly Financial Results on August 8, 2024

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NEW YORK--(BUSINESS WIRE)--Today, iHeartMedia and Deep Blue Sports + Entertainment announced the inaugural lineup of original podcast shows for WSAN, the first-ever audio platform dedicated exclusively to women's sports – from soccer and basketball to tennis, golf, volleyball and more – featuring top athletes and personalities at the helm. Additionally, Capital One, e.l.f Cosmetics and e.l.f SKIN join as the founding partners of the new network. As a free, ad-supported network available across.

Women's Sports Audio Network Announces Slate of Original Shows Across a Range of Sports, Adding Capital One and e.l.f as Founding Partners

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NEW YORK--(BUSINESS WIRE)--EasyKnock, the first home equity solution platform, has entered into an expansive marketing partnership with iHeartMedia which will include nationwide on-air and digital advertising campaigns across iHeartMedia broadcast radio and digital platforms. Additional terms were not disclosed. EasyKnock exists to help the millions of Americans* facing barriers in accessing their own home equity. For the first time, there is a way for them to convert their home equity into cas.

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