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

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Mattel

Mattel Inc (NASDAQ: MAT) and Warner Music Group's (NASDAQ: WMG) Arts Music division are partnering with iHeartMedia Inc (NASDAQ: IHRT) to launch Barbie Radio exclusively on iHeartRadio. The financial terms of the deal were not disclosed.

Mattel, Warner Music Group Partner With iHeartMedia To launch 'Barbie Radio'

Warner Music Group

NEW YORK & EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) and Warner Music Group's (NASDAQ: WMG) Arts Music division announced they are partnering with iHeartMedia (NASDAQ: IHRT) to launch Barbie Radio today exclusively on iHeartRadio, iHeartMedia's free all-in-one digital music, podcasting and live streaming radio service, and iHeartRadio Family, a stand-alone app featuring music, stories and radio stations perfect for kids. Barbie Radio, the first branded radio channel from M

Mattel and Warner Music Group's Arts Music Division Partner With iHeartMedia to Bring Barbie to the Airwaves

NEW YORK--(BUSINESS WIRE)--iHeartMedia announced today the lineup for the fifth annual iHeartRadio ALTer EGO Presented by Capital One. The biggest names in Alternative Rock will come together at the historic Forum in Los Angeles on January 15, 2022 to celebrate everything Alternative Rock LIVE in front of music fans. The extraordinary lineup includes All Time Low, Coldplay, Imagine Dragons, Kings of Leon, twenty one pilots, Willow and more. iHeartRadio ALTer EGO will be hosted by Woody of iHear

iHeartMedia Brings Alternative Rock's Biggest Names Together Live for the 2022 “iHeartRadio ALTer EGO Presented by Capital One”

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 spectacular music event, which captures the music and holiday spirit of the iHeartRadio app with performances by this year's biggest artists including Ed Sheeran, Dua Lipa, Jonas Brothers, Doja Cat, Lil Nas X, Megan Thee Stallion and more. The 2021 iHeartRadio Jingle Ball Tour Presented by Capital One is back live in fr

iHeartMedia Rings in the Holiday Season With the Return of Its Iconic 2021 National “iHeartRadio Jingle Ball Tour Presented by Capital One”

NEW YORK & LOS ANGELES--(BUSINESS WIRE)--iHeartMedia announced today that it has signed a new contract with Ryan Seacrest, the nationally-celebrated media and entertainment entrepreneur, radio personality, television host and producer and unmatched creative talent. The three-year contract extends through December 31, 2025, during which time Seacrest will celebrate 30 years as one of the most recognized and respected names not just within iHeartMedia, but throughout the entire media and entertai

Ryan Seacrest Signs New Contract With iHeartMedia to Continue Through 2025

LONDON & NEW YORK--(BUSINESS WIRE)--WARC, the global authority on marketing intelligence, unveiled today the results of a study conducted in collaboration with iHeartMedia, the leading audio media company in America (NASDAQ: IHRT), on media consumption and audio investment in the US. “The Investment Gap: Understanding the Value of Audio” highlights a divergence between consumption and investment. While 31% of the average consumer's media consumption is now audio, only 8.8% of the average media

New Study From WARC and iHeartMedia Reveals Major Audio Investment Gap for Marketers

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 30th Annual Communacopia Conference on Wednesday, September 22, 2021 at 2:05 p.m. ET. A live webcast of the session will be available to the general public at the start of the session through

iHeartMedia Chairman and Chief Executive Officer Bob Pittman and President, Chief Operating Officer & Chief Financial Officer Rich Bressler to Participate in the Goldman Sachs 30th Annual Communacopia 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 “2021 Media, Communications and Entertainment Conference” on Monday, September 13, 2021 at 2:20 p.m. ET. A live webcast of the session will be available to the general public at the start o

iHeartMedia Chairman and Chief Executive Officer Bob Pittman and President, Chief Operating Officer & Chief Financial Officer Rich Bressler to Participate in the BofA Securities 2021 Media, Communications and Entertainment Conference

NFL Media's existing podcast lineup includes: Move the Sticks with Daniel Jeremiah and Bucky Brooks – Former NFL scouts Daniel Jeremiah and Bucky Brooks break down the latest news and action from a scout's perspective.

NFL And iHeartMedia Announce Upcoming Podcast Lineup

LOS ANGELES--(BUSINESS WIRE)--Anthem Blue Cross Launches Partnership with Heart of America and iHeartMedia to Impact Food Insecurity at Manual Arts High School in Los Angeles.

Anthem Blue Cross Launches Local Partnership with Heart of America and iHeartMedia to Impact Food Insecurity at Manual Arts High School

ATLANTA--(BUSINESS WIRE)-- #AnthemCares--Anthem Blue Cross and Blue Shield partners with Heart of America and iHeartMedia to impact food insecurity at College Park Elementary School, Atlanta

Anthem Blue Cross and Blue Shield Launches Local Partnership with Heart of America and iHeartMedia to Impact Food Insecurity at College Park Elementary School

CINCINNATI--(BUSINESS WIRE)--Today, P&G Studios and the team at Harder Than You Think launch a new podcast series, “Equal Too: Achieving Disability Equality,” to shine a light on the biggest challenges faced by the disabled community and start a conversation about what is needed to drive equality. The podcast, hosted by UK television presenter and disability advocate Sophie Morgan, will focus on challenging perceptions, celebrating successes, and exploring how to transform the world for tho

P&G Studios and Harder Than You Think Foster Game Changing Conversations in New Podcast Series “Equal Too: Achieving Disability Equality”

NEOU, the live streaming and on-demand fitness and wellness marketplace today announced a marketing partnership with iHeartMedia, the number one audio company in the United States, to help build awareness and introduce NEOU's inspiring fitness content and experiences from over 100 studios and ins.

NEOU Partners With iHeartMedia To Bring Fitness And Wellness To Americans Nationwide

iHeartMedia fell over 25% from the recent highs on disappointing Q3 guidance.

iHeartMedia: Massive Dip Opportunity

iHeartMedia, Inc. (IHRT) CEO Robert Pittman on Q2 2021 Results - Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (Nasdaq: IHRT) today reported financial results for the quarter ended June 30, 2021. Financial Highlights: Q2 2021 Results Q2 Revenue of $862 million up 77% YoY; surpassing guidance of up approximately 65% YoY Continued improvement vs. 2019, Q2 2021 down 6% vs. Q2 2019 compared to Q1 2021, which was down 11% vs. Q1 2019 GAAP Operating income of $28 million vs. Operating loss of $159 million in Q2 2020 Consolidated Adjusted EBITDA of $185 million vs.

iHeartMedia, Inc. Reports Results for 2021 Second Quarter

PARIS & NEW YORK--(BUSINESS WIRE)--iHeartMedia, the No. 1 audio company in America and the No. 1 podcast publisher globally as per podtrac, and the French multimedia group NRJ announced today a strategic partnership to develop, translate, distribute and monetize a specially curated slate of iHeartRadio Original podcasts for French listeners. The first translated podcasts will be available on the iHeartRadio app, in France on NRJ Group's platforms and everywhere podcasts are heard from the last

iHeartMedia and NRJ Group Partner to Develop, Translate, Distribute and Monetize Podcasts Hits for New French Audiences

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) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

NEW YORK--(BUSINESS WIRE)--TuneIn, the world's leading live streaming audio service, and iHeartMedia, the leading audio company in America and the No. 1 podcast publisher, today announced a partnership that will enable TuneIn to distribute iHeartMedia's more than 850 leading digital stations. TuneIn will also gain access to local advertising demand from iHeartMedia's unique monetization assets, including its massive sales force of nearly 2,000 sellers in every major market nationwide, and Trito

TuneIn and iHeartMedia Partner on Strategic Technology and Content Distribution Deal

NBA And iHeartMedia announce multi-year podcast partnership.

NBA And iHeartMedia Announce Multi-Year Podcast Partnership

TuneIn, the world's leading live streaming audio service, and iHeartMedia, the leading audio company in America and the No. 1 podcast publisher, today announced an exclusive partnership that will enable TuneIn to distribute iHeartMedia's more than 850 leading digital stations, in a press release.

TuneIn And iHeartMedia Partner On Strategic Technology And Distribution Deal

NEW YORK--(BUSINESS WIRE)--iHeartMedia, the No. 1 podcast publisher globally according to Podtrac, and the National Basketball Association (NBA), today announced a multi-year podcast partnership, which will feature the launch of more than 20 new iHeartRadio-NBA co-produced podcasts. The new slate of NBA podcasts will be distributed widely by the iHeartPodcast Network with the first show set to debut this Fall. The new shows will be produced using a wide variety of content from the NBA archives

iHeartMedia and NBA Team Up for Multi-Year Podcast Partnership to Present Groundbreaking Slate of NBA Shows

NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (NASDAQ: IHRT) announced today that on Thursday August 5th, 2021, it will issue financial results for the quarter ending June 30, 2021. 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 5, 2021

NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (Nasdaq: IHRT) (“iHeartMedia”) announced today that its indirect, wholly-owned subsidiary, iHeartCommunications, Inc., has successfully completed the previously announced voluntary prepayment of a portion of both its $2,070 million Term Loan and its $446 million Incremental Term Loan, utilizing cash on hand, while concurrently repricing the Incremental Term Loan at a new rate of LIBOR + 3.25%. The prepayment was applied to the Term Loan and the Incre

iHeartMedia, Inc. Announces Completion of Voluntary $250 Million Prepayment of Term Loan Facilities and Successful Repricing of Incremental Term Loan

Live Nation

Analyst Stephen Laszczyk thinks concert promoter Live Nation and radio broadcaster iHeart both have long-term growth potential.

News for iHeartMedia Stock (IHRT)