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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SEATTLE--(BUSINESS WIRE)--Goose Insurance Services Inc., an insurance Super App offering a simple way to instantly buy insurance, announces a new marketing partnership with iHeartMedia and the rollout of nationwide on-air and digital advertising campaigns across iHeartMedia broadcast radio and digital platforms. The partnership aligns with an ongoing initiative by Goose Insurance Services to educate consumers in the U.S. about the importance of having proper insurance coverage, the risks of bei.

Goose Insurance Super App Announces Marketing Partnership with iHeartMedia

NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (NASDAQ: IHRT) announced today that on Thursday November 9th, 2023, it will issue financial results for the quarter ending September 30, 2023. 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 9, 2023

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NEW YORK--(BUSINESS WIRE)--iHeartMedia announced today the lineup for the seventh annual “iHeartRadio ALTer EGO Presented by Capital One.” The biggest names in Alternative Rock will come together at the Honda Center in Anaheim on January 13, 2024 to celebrate the excitement and thrill of live Alternative Rock in front of music fans. The incredible lineup includes Paramore, The 1975, The Black Keys, Thirty Seconds to Mars, BUSH, Sum 41, Yellowcard, lovelytheband and The Last Dinner Party. iHeart.

iHeartMedia Brings Alternative Rock's Biggest Names Together Live for The 2024 “iHeartRadio ALTer EGO Presented By Capital One”

NEW YORK , Oct. 5, 2023 /PRNewswire/ -- YourTango, a leading publishing platform whose mission is to foster the human connection and whose editorial reaches over 50 million people every month, announces the launch of "Open Relationships: Transforming Together" in collaboration with iHeartMedia, the No. 1 podcast publisher globally.

YourTango Announces Groundbreaking New Podcast, "Open Relationships: Transforming Together" in Collaboration with iHeartMedia

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 live music event, which captures the music and holiday spirit on iHeartRadio stations across America and the iHeartRadio app with performances by this year's biggest artists including Olivia Rodrigo, Usher, Nicki Minaj, SZA, Niall Horan, OneRepublic, AJR, Sabrina Carpenter, Miguel, Jelly Roll, Big Time Rush, NCT DREAM, Flo Rida and more

iHeartMedia Rings in the Holiday Season With Its Iconic 2023 National ‘iHeartRadio Jingle Ball Tour Presented by Capital One' With the Exclusive Broadcast Special Moving to ABC

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NEW YORK--(BUSINESS WIRE)--iHeartMedia, the No. 1 audio company in the United States which reaches nine out of 10 Americans every month, and author and podcaster Malcolm Gladwell's Pushkin Industries, today released the results of a major study conducted by Morning Consult and Advertiser Perceptions, that explores the growing disparity between consumer values and behaviors and marketing priorities in the U.S. The report underscores the increasing urgency for marketers to reset and realign their.

iHeartMedia and Malcolm Gladwell's Pushkin Industries Reveal Growing Consumer-Marketer Disconnect in Landmark Report

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New Podcast Episodes Available on Tuesdays  BURBANK, Calif. , Sept. 8, 2023 /PRNewswire/ -- This week, in celebration of International Day of Charity, Warner Bros.

Warner Bros. Unscripted Television in Collaboration with iHeartPodcasts Debuts "Six Degrees with Kevin Bacon" on International Day of Charity

NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (Nasdaq: IHRT) (“iHeartMedia”) announced today that Bob Pittman, Chairman and Chief Executive Officer, and Rich Bressler, President, Chief Operating Officer & Chief Financial Officer, will participate in a question and answer session during the BofA Securities 2023 Media, Communications and Entertainment Conference on Wednesday September 13th at 9:40 a.m. ET. A live webcast of the session will be available to the general public at the start of th.

iHeartMedia Chairman and Chief Executive Officer Bob Pittman and President, Chief Operating Officer & Chief Financial Officer Rich Bressler to Participate in the BofA Securities 2023 Media, Communications and Entertainment Conference

iHeartMedia, Inc. is expected to benefit from a rebound in the advertising market and the 2024 U.S. election cycle. Despite a tough ad market, the media company reported strong cash flows and positive free cash flows in Q2 2023. iHeartMedia stock remains cheap due to the EV/S multiples and upside potential from lowering leverage.

iHeartMedia: Lining Up For Better 2024

NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (Nasdaq: IHRT) (“iHeartMedia”) announced today that Bob Pittman, Chairman and Chief Executive Officer, and Rich Bressler, President, Chief Operating Officer & Chief Financial Officer, will participate in a question and answer session during the Goldman Sachs Communacopia + Technology Conference on Thursday September 7th at 3:25 p.m. ET. A live webcast of the session will be available to the general public at the start of the session through a lin.

iHeartMedia Chairman and Chief Executive Officer Bob Pittman and President, Chief Operating Officer & Chief Financial Officer Rich Bressler to Participate in Goldman Sachs Communacopia + Technology Conference

NEW YORK--(BUSINESS WIRE)--iHeartMedia, the No. 1 audio company in the United States, announced today that it has renewed its relationship with CMA and ACM Award-winning radio personality Bobby Bones, host of the hit national Country radio program The Bobby Bones Show. Bones will also continue to serve as Vice President, Creative Director of iHeartCountry. Bones, who reaches nearly 10 million people monthly as host of The Bobby Bones Show and Country Top 30 with Bobby Bones, in addition to more.

iHeartMedia and Top Country Radio Host Bobby Bones Extend Relationship as Hit Show Eclipses 10-Year Mark

iHeartMedia, Inc. (NASDAQ:IHRT ) Q2 2023 Earnings Conference Call August 8, 2023 8:00 AM ET Company Participants Mike McGuinness - Head of Investor Relations Bob Pittman - Chairman & Chief Executive Officer Rich Bressler - President, Chief Operating Officer & Chief Financial Officer Conference Call Participants Steven Cahall - Wells Fargo Jim Goss - Barrington Research Operator Good morning. My name is Rob and I'll be your conference operator today.

iHeartMedia, Inc. (IHRT) Q2 2023 Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (Nasdaq: IHRT) today reported financial results for the quarter ended June 30, 2023. Financial Highlights:1 Q2 2023 Consolidated Results Q2 Revenue of $920 million, down 3.6%; slightly better than the guidance range of down mid-single digits Excluding Q2 Political Revenue, Q2 Revenue down 1.8% GAAP Operating loss of $897 million vs. GAAP Operating income of $83 million in Q2 2022, which includes $961 million of non-cash intangible impairment charges.

iHeartMedia, Inc. Reports Results for 2023 Second Quarter

NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (NASDAQ: IHRT) announced today that on Tuesday August 8th, 2023, it will issue financial results for the quarter ending June 30, 2023. The company will conduct a conference call at 8:00 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 at.

iHeartMedia, Inc. to Report Quarterly Financial Results on August 8, 2023

SAN FRANCISCO & NEW YORK--(BUSINESS WIRE)--iHeartMedia, the No. 1 podcast publisher globally according to Podtrac, and LinkedIn, the world's largest professional network, have announced a strategic partnership that will leverage iHeartMedia's leading infrastructure and distribution capabilities and LinkedIn's global community of more than 930 million members, to introduce new offerings to the business podcast space. LinkedIn also offers a space for communities to continue the conversation and e.

iHeartMedia and LinkedIn Announce Strategic Partnership to Help Voices Build, Launch and Scale Podcast Content to Audiences

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Winning High School and College Students Will Have TV, Radio and Billboards Distributed Nationally NEW YORK , June 30, 2023 /PRNewswire/ -- Today, the Ad Council and Project Yellow Light announced the winners of the 12th annual Project Yellow Light scholarship competition, a unique opportunity in which students create TV, radio and billboard PSAs to educate their peers about the dangers of distracted driving, specifically the dangers of using your phone while driving. The winning PSAs will be showcased on June 30 on a digital billboard in New York City's Times Square, in space donated by Clear Channel Outdoor.

Annual "Project Yellow Light" Scholarship Contest Announces the Newest Class of Student Winners to Raise Awareness of Dangers of Distracted Driving

iHeartMedia, Inc. reported a weak Q1 2023, but the key adjusted EBITDA number beat guidance. The media company grew crucial podcast revenue at a 12% clip despite the tough ad market. iHeartMedia stock is priced for an economic collapse, while the company has been busy buying their debt at a discount.

iHeartMedia: Thesis Intact

"We're not competitive with the music services – we're synergistic. The consumer uses us both," says the iHeartMedia CEO.

iHeartMedia CEO Bob Pittman sings radio's praises

NEW YORK--(BUSINESS WIRE)--On the first-ever Access Day, June 1, 2023, iHeartMedia, the No. 1 audio company in the United States which reaches nine out of 10 Americans every month, will provide unprecedented access to the hottest music, artists, one-of-a-kind experiences and unmissable deals across the U.S. The 24-hour broadcast radio takeover event is iHeartMedia's way of saying thank you to the hundreds of millions of listeners who tune into the company's 860+ radio stations across the U.S. e.

iHeartMedia Launches Access Day, With 24 Hours of Once-in-a-Lifetime Experiences and Exclusive Deals Available Across the U.S.

Sizzle Reel Link Hi Res Photos Link NEW YORK , May 23, 2023 /PRNewswire/ -- iHeartMedia's My Cultura, a podcast network dedicated to elevating Latinx voices and creators, while also sharing the Latinx experience with millions of listeners, and MoonFlower Productions have announced the second season of "In Our Own World" podcast, created and co-hosted by Grammy-nominated songwriter and stylist Gemeny Hernandez and Grammy- and Emmy-nominated musician and TV host, Emily Estefan. The new season of the podcast will debut May 31 with new episodes posting weekly on Wednesdays.

iHeartMedia's My Cultura Announces Second Season of "In Our Own World," a Podcast by Emily Estefan and Gemeny Hernandez

NEW YORK--(BUSINESS WIRE)--This June, Procter & Gamble® (P&G) and iHeartMedia invite people everywhere to join “Can't Cancel Pride 2023 – The Future Starts Now,” an evening recognizing the LGBTQ+ community and celebrating organizations creating a more inclusive and equal world. The special event will feature performances from some of today's hottest artists and appearances from influential voices in the LGBTQ+ community including Elton John Impact Award Recipient Brandi Carlile, Adam La.

Brandi Carlile, Adam Lambert, Big Freedia, Ciara, Billy Porter, Hayley Kiyoko, Kesha, Kelsea Ballerini and More Join P&G and iHeartMedia's “Can't Cancel Pride 2023 – The Future Starts Now” Hosted by JoJo Siwa on June 15

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