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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iHeartMedia Inc’s (NASDAQ: IHRT) second-quarter results are likely to reflect substantial advertising and event-related headwinds from COVID-19 that will be offset only partially by cost saving initiatives and underlying digital growth, according to BofA Securities.

BofA Downgrades iHeartMedia On Lower Visibility, Advertising, Event Headwinds

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Stocks acclerated their downward trajectory Friday as the coronavirus ratcheted up with media shares following the market lower. The DJIA closed out the week down a hefty 730 points, or 2.8% in Friday’s session. The S&P 500 and Nasdaq dropped, respectively, 2.4% and 2.6% for the day. Exhibitors lost more ground with the summer release

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Fox Soul, iHeartMedia, and Motown Records are teaming on limited series Motown Countdown, which will stream each Tuesday in July. The four-part music and talk series will be hosted by Angela Yee, who co-hosts iHeartRadio’s nationally syndicated show The Breakfast Club. Fox Soul, a free, ad-supported streaming network, launched this year as a strategic effort

Fox Soul, IHeartMedia And Motown Records Team For Limited Series ‘Motown Countdown’ With Angela Yee

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WarnerMedia's podcast production deals with iHeartMedia and Spotify highlight two different strategies for building audiences and revenue in the burgeoning podcasting market.

WarnerMedia’s Deals With Spotify And iHeart Pursue Different Podcast Strategies

WarnerMedia Entertainment and iHeartMedia are partnering to co-produce a slate of companion podcasts for HBO Max’s upcoming original and legacy shows. The podcasts will play as standalone productions but often will center on and help promote HBO Max programming, the companies said. The first to debut will include companion podcasts for the comedy thriller series

iHeartMedia & WarnerMedia To Co-Produce Companion Podcasts For HBO Max Shows

Why iHeartMedia is a good investment today.

3 Reasons I'm Crushing on iHeartMedia

iHeartMedia: Biggest Name In Radio And Podcasts Selling For Just 2X Free Cash Flow And Below Book

iHeartMedia, Inc. (IHRT) CEO Robert Pittman on Q1 2020 Results - Earnings Call Transcript

Tribeca Studios is dipping its toe into podcasting in partnership with iHeartMedia, teaming up on a new series called Fierce about formidable women from history. The branded entertainment and production arm of Tribeca Enterprises — parent of the flagship film festival — is launching Fierce today (May 6). New episodes post weekly through June 17 on

Tribeca Studios, iHeartMedia In ‘Fierce’ Podcast Partnership

Radio broadcasting giant iHeartMedia is aiming to cut $250 million in costs this year, including furloughs and pay cuts, as it looks to weather the economic fallout from the coronavirus pandemic iHeart Chairman and Chief Executive Bob Pittman said in a Tuesday statement that iHeart’s senior management team and some other employees “voluntarily agreed to.

iHeartMedia to slash $250M in costs under coronavirus crush

Giant radio broadcaster iheart Media said it’s targeting $250 million in cost reductions this year including furloughs and pay cuts to help it weather the economic fallout from the coronvirus pandemic. “To provide visible and aligned leadership through this downturn, our senior management team and other employees voluntarily agreed to take meaningful reductions in compensation.

IheartMedia Targets $250M In 2020 Cost Savings With Furloughs, Pay Cuts

iHeartMedia Inc. IHRT, -6.24% , the biggest operator of radio stations in the U.S.

iHeartMedia has $647 million in cash on hand, says political advertising will be on par with prior elections

Hold Your Nose If You Must, But Buy iHeartMedia, It Doesn't Smell That Bad Anyway

Aaron's

“History ...has a lot of value for us right now,” said Mahnke in a new iHeartMedia press release.

Aaron Mahnke Signs And Discusses Exclusive Multi-Year Contract Extension With iHeartMedia

iHeartMedia's (IHRT) CEO Bob Pittman on Q4 2019 Results - Earnings Call Transcript

iHeartMedia (IHRT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Earnings Season Could Be Great for iHeartMedia (IHRT)

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An affiliate of John Malone’s Liberty Media Corp. FWONA, -2.93%   is seeking Justice Department permission to buy a larger piece of iHeartMedia Inc.

The Wall Street Journal: Liberty Media wants bigger stake in iHeartMedia

Hiring is already underway for jobs at digital headquarters set to open in 2020.

iHeartmedia Picks Nashville For Second Headquarters for iHeartRadio Digital

Bear of The Day: iHeartRadio (IHRT)

iHeartMedia, Inc. (IHRT) CEO Bob Pittman on Q3 2019 Results - Earnings Call Transcript

Years of overly aggressive, debt fueled M&A left many radio companies badly overleveraged.

iHeartMedia Is An Overlooked Gem

Shondaland, the production company founded by “Scandal” and “Grey’s Anatomy” creator Shonda Rhimes, has signed a deal to create a new slate of podcasts for iHeartRadio over the next three years. As part of the deal, Shondaland is launching a new division called Shondaland Audio, with executive Sandie Bailey in charge of day-to-day operations.

Shonda Rhimes signs podcast deal iHeartMedia

Music industry stocks were on the move Tuesday after a prominent analyst initiated coverage on Spotify Technology SA (NYSE: SPOT), Sirius XM Holdings Inc (NASDAQ: SIRI), iHeartMedia Inc (NASDAQ: IHRT) and Entercom Communications Corp.

News for iHeartMedia Stock (IHRT)