iHeartMedia upgraded to Neutral at BofA on debt deal clarity
2 days ago · Nov. 12, 2024, 05:20 AM. As previously reported, BofA upgraded iHeartMedia (IHRT) to Neutral from Underperform with a price target of $3, up from $1. Given the recent transaction support agreement ...
List Of Those Affected By The iHeartMedia Cuts Continues To Grow
November 5, 2024. In what may be its biggest round of layoffs since January 2020, massive cuts are underway today at iHeartMedia. The cuts include significant names across all levels of the company as it begins to implement a new operating structure following recent corporate restructurings. iHeart has been moving towards more regionalized ...
iHeartMedia Enters into Transaction Support Agreement to …
6 days ago · IHRTB. NEW YORK, November 07, 2024 -- (BUSINESS WIRE)--iHeartMedia, Inc. (NASDAQ: IHRT) ("iHeartMedia" or the "Company") today announced that it and certain of its subsidiaries (collectively with ...
Chicago, Texas, and California Leaders Now Ousted in iHeart Cuts
Nov 6, 2024 · Program Directors and on-air talent have been hit hard, with Philadelphia’s ALT 104.5 (WRFF) PD Mike Kaplan, Tampa’s WFLA/WDAE PD John Mamola, and Pride Radio PD Jerry Houston among those ...
IHeart Shares and Bonds Rally After Refinancing Deal Clinched
6 days ago · Stock jumps by record, but still down 90% since start of 2022. Radio-station owner iHeartMedia Inc. ’s shares and bonds rallied after the company said it reached a debt-refinancing agreement with most of its creditors. Its stock surged as much as 63% Thursday, a record, but they are nonetheless down 90% since the end of 2021.
iHeartMedia Earnings: Radio Giant to Save $200M With Cost
6 days ago · At iHeartMedia’s multi-platform group, which includes broadcast stations and radio networks, revenue fell 1.1% to $619.5 million and adjusted EBITDA dipped 20.1% to $129.9 million.
Press Room | iHeartMedia
iHeartMedia and Whalar Group Announce Partnership to Expand Opportunities for Creators and Marketers and Build Scale Through iHeart’s Industry-Leading Audio Platforms.
iHeartMedia Announces Realignment of Markets Management …
NEW YORK, December 04, 2023--iHeartMedia, the #1 audio company in America, announced today a leadership realignment in its Markets Group, heightening the performance of its more than 160 Markets...
iHeartMedia, Inc. Announces $100 Million In Proceeds Expected …
Nov 27, 2023 · iHeartMedia, Inc. (“iHeart”) announced today that in connection with the previously announced acquisition of Broadcast Music, Inc. (“BMI”) to a shareh.
iHeartMedia Podcast Revenue Drives Results Amid Continued Ad …
Feb 29, 2024 · Podcast revenue at iHeartMedia continued to grow in its fourth quarter, reaching $132 million for the quarter, up 17 percent year-over-year. The increase, which the company attributed to...