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.

Earnings data Q4 2020

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Earnings data Q4 2023

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Earnings data Q3 2024

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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LOS ANGELES--(BUSINESS WIRE)-- #exilecontent--Candle Media's Exile Content Studio, in collaboration with Trojan Horse Media and iHeartMedia's My Cultura, a podcast network dedicated to elevating Latinx voices and stories, today announced a new podcast series “More Than a Movie: American Me.” The 12-episode audio-documentary will launch its first two episodes this Thursday, Sept. 15 in anticipation of Hispanic Heritage Month. Hosted by Emmy®-nominated producer and writer Alex Fumero (HBO Max's “Menudo: Forever

Exile Content Studio and iHeartMedia's My Cultura Network Announce New Podcast Series “More Than a Movie: American Me” to Premiere Sept. 15

NEW YORK--(BUSINESS WIRE)--iHeartMedia today opened the gates to iHeartLand on Roblox, cementing itself as a go-to destination and pioneer in the rapidly-expanding metaverse. iHeartLand is a one-of-a-kind place where gaming, live events, never-ending entertainment, music and the most popular talent converge to offer fans a premiere interactive experience. Users on Roblox will become music tycoons by collecting sound energy throughout iHeartLand to power their own customized music studio as well

iHeartMedia Expands Metaverse Footprint with the Launch of iHeartLand on Roblox, Where Everyone Can Be a Music Tycoon

NEW YORK--(BUSINESS WIRE)--iHeartMedia, the No. 1 podcast publisher globally as per Podtrac, and global music and entertainment company Warner Music Group, through its new podcast network, Interval Presents, today announced a multi-year deal. Through the partnership, the two companies will co-produce a slate of shows that range from ongoing weekly podcasts to limited-run series, beginning this fall. As part of the collaboration, Interval Presents will distribute its podcasts through the iHeartP

iHeartMedia and Interval Presents, Warner Music Group's New Podcast Network, Announce Multi-Faceted Partnership

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 Tuesday September 13th at 1:45 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 the Goldman Sachs Communacopia + Technology Conference

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 2022 Media, Communications and Entertainment Conference on Thursday September 8th at 4:10 p.m. ET. A live webcast of the session will be available to the general public at the start of the

iHeartMedia Chairman and Chief Executive Officer Bob Pittman and President, Chief Operating Officer & Chief Financial Officer Rich Bressler to Participate in the BofA Securities 2022 Media, Communications and Entertainment Conference

NEW YORK--(BUSINESS WIRE)--iHeartMedia today debuted iHeartLand, a state-of-the-art, always-on entertainment space where music and gaming collide. Built using Fortnite's Creative toolset, iHeartLand combines compelling gameplay with a persistent cadence of entertaining events, programming and one-of-a-kind fan experiences. Fans can check out iHeartLand and the all-new State Farm Park now in Fortnite with more exciting metaverse integrations coming soon. “Our goal is to meet audiences where they

iHeartMedia Launches iHeartLand in Fortnite Where Concerts, Podcasts and Gaming Collide in the Metaverse

IHRT shares are down almost 60% year-to-date but appear to have bottomed with the latest quarterly results. Management sounded confident about the second half of the year, believing that they can capture significant political ad dollars during the upcoming elections over Q3 and Q4.

iHeartMedia Shares Have Already Bottomed

NEW YORK--(BUSINESS WIRE)--Premiere Networks announced today that award-winning media personality Angela Yee will host a new weekday broadcast radio show, “Way Up with Angela Yee.” The program, which will air middays, will launch Fall 2022 across more than 30 iHeartMedia stations, including New York's Power 105.1, and will be available for syndication through Premiere Networks to stations across the country. “Way Up with Angela Yee” will feature the iconic personality in a fast-paced, listener

Influential Media Personality Angela Yee Is Launching Her Own New On-Air Show -- “Way Up with Angela Yee”

iHeartMedia, Inc. (NASDAQ:IHRT ) Q2 2022 Results Conference Call August 4, 2022 4:30 PM ET Company Participants Mike McGuinness - EVP, Deputy CFO and Head, IR Bob Pittman - Chairman and CEO Rich Bressler - President, COO and CFO Conference Call Participants Daniel Day - B. Riley Steve Cahall - Wells Fargo Mike McGuinness Good afternoon, everyone, and thank you for taking the time to join us for our second quarter 2022 earnings call.

iHeartMedia, Inc. (IHRT) CEO Bob Pittman on Q2 2022 Results - Earnings Call Transcript

iHeartMedia (IHRT) delivered earnings and revenue surprises of 25% and 0.19%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

IHeartMedia (IHRT) Tops Q2 Earnings and Revenue Estimates

NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (Nasdaq: IHRT) today reported financial results for the quarter ended June 30, 2022. Financial Highlights: Q2 2022 Consolidated Results Q2 Revenue of $954 million, up 11% YoY; in line with guidance of up approximately 10%-14% GAAP Operating income of $83 million vs. $28 million in Q2 2021 Consolidated Adjusted EBITDA of $237 million increased 29% YoY; in line with guidance of $225 million to $245 million Consolidated Adjusted EBITDA margin of 24.9%,

iHeartMedia, Inc. Reports Results for 2022 Second Quarter

Teachers Can Be Nominated Now Through August 14 for the Chance to Win $1,000 and BIC Back-to-School Essentials SHELTON, Conn. , Aug. 1, 2022 /PRNewswire/ -- BIC has announced it is partnering with iHeartMedia New York for the return of #Write4Teachers, which celebrates teachers who impact the lives of their students and communities.

BIC LAUNCHES #WRITE4TEACHERS CAMPAIGN TO HONOR EDUCATORS IN PARTNERSHIP WITH IHEARTMEDIA NEW YORK

NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (NASDAQ: IHRT) announced today that on Thursday August 4th, 2022, it will issue financial results for the quarter ending June 30, 2022. The company will conduct a conference call at 4:30 p.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 a

iHeartMedia, Inc. to Report Quarterly Financial Results on August 4, 2022

CuriosityStream

SILVER SPRING, Md. & NEW YORK--(BUSINESS WIRE)--Curiosity Inc., the leading global factual media and entertainment company, has partnered with iHeartMedia, the No.1 podcast publisher globally according to Podtrac, to launch the Curiosity Audio Network, which will develop and release several podcast projects throughout the year. Curiosity's first foray into podcasting, the Curiosity Audio Network will feature original content as well as podcasts to complement programming from Curiosity's library

Curiosity and iHeartMedia Partner to Launch Curiosity Audio Network

NEW YORK--(BUSINESS WIRE)--iHeartMedia, the leading audio media company in the U.S. and the No. 1 podcast publisher globally according to Podtrac, and Happy Money, a leading platform for unsecured lending in partnership with credit unions, announced a marketing partnership today that will help build awareness of and introduce Happy Money to consumers nationwide looking to fund their happiness and reduce financial stress. iHeartMedia's broad reach will amplify Happy Money's efforts to provide gr

Happy Money Harnesses the Power of iHeartMedia's Platform to Reach the Next Generation of Consumers Looking to “Fund Their Happy”

FLORHAM PARK, N.J.--(BUSINESS WIRE)--Swoop announced a partnership with iHeartMedia making its custom patient audiences available for broadcast radio planning, activation and measurement.

Swoop and iHeartMedia Bring Precision Healthcare Audiences to Broadcast Radio

NEW YORK--(BUSINESS WIRE)--iHeartMedia and Charlamagne Tha God today announced the first-ever Black Effect Podcast Festival to celebrate, uplift and amplify Black voices in the podcast industry. The event will take place Sunday, August 28 at the Avant Gardner, Brooklyn Mirage. Charlamagne Tha God will join the festival alongside some of the Black Effect's most popular personalities for a day full of live podcast tapings and informative discussions aimed at aspiring podcasters in the Black commu

iHeartMedia and Charlamagne Tha God Announce First-Ever Black Effect Podcast Festival

NEW YORK--(BUSINESS WIRE)--iHeartMedia, the No. 1 podcast publisher globally according to podtrac, today announced a new partnership with Martha Stewart to produce a new iHeartRadio Original Podcast. “The Martha Stewart Podcast” is a talk show style series that will feature intimate, in-depth, probing interviews with some of the most fascinating people in the world - all who are at the top of their respective fields. The first episode is set to debut on June 22. Listen to the podcast trailer HE

Martha Stewart and iHeartMedia Partner to Launch New iHeartRadio Original Podcast

NEW YORK--(BUSINESS WIRE)--iHeartMedia and State Farm announced today a groundbreaking partnership aimed at redefining entertainment experiences in the metaverse, beginning with Roblox. This summer, State Farm is celebrating its 100th anniversary by stepping into the metaverse in collaboration with iHeartMedia to create the future of live experiences, combining major album releases, some of the biggest hit podcasts and interactive gaming in exciting new ways for fans. “iHeartLand is designed to

iHeartMedia and State Farm® Collaborate on First-Ever Exclusive Arena Naming Rights in the Metaverse with iHeartLand

iHeartMedia dips to recent lows despite strong guidance for Q2'22. The media business expects to start generating adjusted EBITDA and FCF in excess of 2019 levels.

iHeartMedia: Recession Baked In

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 J.P. Morgan's 50th Annual Global Technology, Media and Communications Conference in Boston, Massachusetts on Tuesday May 24th at 3:30 p.m. ET. A live webcast of the session will be available to the general pub

iHeartMedia Chairman and Chief Executive Officer Bob Pittman and President, Chief Operating Officer & Chief Financial Officer Rich Bressler to Participate in J.P. Morgan's 50th Annual Global Technology, Media and Communications Conference

iHeartMedia, Inc. (NASDAQ:IHRT ) Q1 2022 Earnings Conference Call May 5, 2022 4:30 PM ET Company Participants Michael McGuinness - EVP, Deputy Chief Financial Officer & Head of IR Robert Pittman - Chairman & Chief Executive Officer Richard Bressler - President, Chief Operating Officer & Chief Financial Officer Conference Call Participants Jessica Reif Ehrlich - BofA Securities Steven Cahall - Wells Fargo Sebastiano Petti - JPMorgan Daniel Day - B. Riley Securities Operator Good day, and thank you for standing by.

iHeartMedia, Inc. (IHRT) CEO Robert Pittman on Q1 2022 Results - Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (Nasdaq: IHRT) today reported financial results for the quarter ended March 31, 2022. Financial Highlights: Q1 2022 Consolidated Results Q1 Revenue of $843 million up 19.4% YoY; slightly exceeded high end of guidance range of up approximately 17%-19% GAAP Operating income of $12 million vs. Operating loss of $76 million in Q1 2021 Consolidated Adjusted EBITDA of $145 million increased 42% YoY Consolidated Adjusted EBITDA margin of 17.2%, up 275 bps f

iHeartMedia, Inc. Reports Results for 2022 First Quarter

--(BUSINESS WIRE)--iHeartMedia (NASDAQ:IHRT) WHAT: This June, P&G and iHeartMedia will once again join forces during Pride Month for the return of “Can't Cancel Pride 2022 – Proud AND Together,” a fundraiser for the LGBTQ+ community celebrating visibility and inclusivity for all. The special event will feature performances and appearances from the most influential voices in the LGBTQ+ community as well as the biggest names in culture and entertainment at the iHeartRadio Theater Los Angeles

P&G And iHeartMedia Announce Third Annual “Can't Cancel Pride 2022 – Proud AND Together” on June 14

NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (NASDAQ: IHRT), the leading audio company in America, today announced that it has named Sarah van Mosel as Executive Vice President of the iHeart Audience Network (iAN). The iHeart Audience Network – the next evolution of audience-based buying – is a new service from iHeart that simplifies audio advertising. With inventory sourced from the expansive iHeartRadio database and other premium publishers across streaming and podcasting, the iHeart Audience

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