Profile
Sector:
Communication ServicesIndustry:
BroadcastingCountry:
United StatesIPO:
01 July 2019Website:
http://www.iheartmedia.comNext earnings report:
28 February 2025Last dividends:
N/ANext dividends:
N/APrice
after hours | Thu, 21 Nov 2024 00:52:06 GMTDividend
Analysts recommendations
Institutional Ownership
IHRT Latest News
NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (NASDAQ: IHRT) (“iHeartMedia”, the “Company” or “we”) announced the November 15, 2024 commencement of (i) exchange offers (the “Exchange Offers”) for iHeartCommunications, Inc.'s (“Communications”) outstanding 6.375% Senior Secured Notes due 2026 (the “Existing 2026 Secured Notes”), 5.250% Senior Secured Notes due 2027 (the “Existing 2027 Secured Notes”), 4.750% Senior Secured Notes due 2028 (the “Existing 2028 Secured Notes” and together with the Ex.
NEW YORK--(BUSINESS WIRE)--iHeartMedia announced that the annual station flip to holiday music kicks off today with more than 85 stations across the country broadcasting the season's festive music from today's biggest artists as well as Christmas classics from Bing Crosby, Dean Martin, Frank Sinatra and more 24/7. Continuing the celebration of the holiday season, the iHeartRadio Holiday Special returns this year hosted by Mario Lopez, the event will feature interviews with Dan + Shay, Jennifer.
iHeartMedia, Inc. (NASDAQ:IHRT ) Q3 2024 Results Conference Call November 7, 2024 8:30 AM ET Company Participants Mike McGuinness - Head, Investor Relations Bob Pittman - Chairman and CEO Rich Bressler - President, Chief Operating Officer and CFO Conference Call Participants Stephen Laszquez - Goldman Sachs Jim Goss - Barrington Research David Hamburger - Morgan Stanley Operator Thank you for standing by. My name is Rebecca, and I will be your conference operator today.
IHeartMedia (IHRT) came out with a quarterly loss of $0.16 per share versus the Zacks Consensus Estimate of $0.02. This compares to loss of $0.06 per share a year ago.
NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (NASDAQ: IHRT) (“iHeartMedia” or the “Company”) today announced that it and certain of its subsidiaries (collectively with the Company, the “iHeartMedia Parties”) have entered into a Transaction Support Agreement (the “TSA”) with certain lenders and holders (or their managers, advisors or sub-advisors) (collectively, the “Initial Supporting Holders”) of iHeartCommunications, Inc.'s (“iHeartCommunications”) outstanding notes and term loans. The Initia.
IHeart Media is slashing hundreds of jobs as the debt-ridden radio and podcast giant has been crushed by music streaming, The Post has learned.
NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (NASDAQ: IHRT) announced today that on Thursday November 7th, 2024, it will issue financial results for the quarter ending September 30, 2024. 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. benefits from political ad spending and interest rate cuts, generating positive cash flows to repay debt despite debt concerns. The company forecasts 2024 political ad revenue to rise 20%, boosting overall revenue growth and adjusted EBITDA performance. Podcast business growth is crucial, with the potential to reach $200-$300 million in quarterly sales, but needs double-digit growth to achieve targets.
IHeartMedia (IHRT) came out with a quarterly loss of $0.23 per share versus the Zacks Consensus Estimate of a loss of $0.31. This compares to loss of $5.93 per share a year ago.
iHeartMedia, Inc. anticipates a significant increase in advertising revenue during the 2024 U.S. Presidential election cycle. The company has experienced growth in its Digital Audio Group and Podcast division, offering potential for sustained expansion. iHeartMedia stock is currently trading at approximately 5.5 times EV/EBITDA targets.
What type of business is iHeartMedia?
iHeartMedia, Inc. operates as an audio media company in the United States and internationally. It operates through three segments: Multiplatform Group, Digital Audio Group, and Audio & Media Services Group. The Multiplatform Group segment offers broadcast radio stations, sponsorship and events, and live and virtual events; and operates Premiere Networks, a national radio network that produces, distributes, or represents syndicated radio programs and services to radio station affiliates. It also delivers real-time traffic flow and incident information, and weather updates, sports, and news. The Digital Audio Group segment provides podcasting, digital sites, newsletters, digital services, and programs; and iHeartRadio, a mobile app and web based service for radio stations, digital only stations, custom artist stations, and podcasts. The Audio and Media Services Group segment engages in the media representation business; and provides scheduling and broadcast software and services. This segment also provides RCS, a cloud and on-premises broadcast software, such as radio and television automation, music scheduling, newsroom automation, advertising sales management, disaster recovery solutions; and real-time audio recognition technology to radio and television stations, cable channels, record labels, advertisers, and agencies, as well as media streaming and research services. The company was formerly known as CC Media Holdings, Inc. and changed its name to iHeartMedia, Inc. in September 2014. The company is headquartered in San Antonio, Texas.
What sector is iHeartMedia in?
iHeartMedia is in the Communication Services sector
What industry is iHeartMedia in?
iHeartMedia is in the Broadcasting industry
What country is iHeartMedia from?
iHeartMedia is headquartered in United States
When did iHeartMedia go public?
iHeartMedia initial public offering (IPO) was on 01 July 2019
What is iHeartMedia website?
https://www.iheartmedia.com
Is iHeartMedia in the S&P 500?
No, iHeartMedia is not included in the S&P 500 index
Is iHeartMedia in the NASDAQ 100?
No, iHeartMedia is not included in the NASDAQ 100 index
Is iHeartMedia in the Dow Jones?
No, iHeartMedia is not included in the Dow Jones index
When was iHeartMedia the previous earnings report?
No data
When does iHeartMedia earnings report?
The next expected earnings date for iHeartMedia is 28 February 2025