Nasdaq: IHRT (Class A Common Stock) OTC Pink Current: IHRTB (Class B Common Stock)
Industry
Radio broadcasting
Podcasting, Digital media
live events
Founded
1972; 52 years ago (1972) (Clear Channel Communications subsidiary)
2014; 10 years ago (2014) (iHeartMedia, Inc. holding company)
Founders
Lowry Mays
Red McCombs
Headquarters
San Antonio, Texas
,
U.S.
Key people
Bob Pittman (chairman and CEO)[1]
Greg Ashlock (CEO, Multiplatform Group)[2]
Conal Byrne (CEO, Digital Audio Group)[3]
Revenue
US$2.6 billion (2019)[4]
Operating income
US$506.7 million (2019)[4]
Net income
US$113 million (2019)[4]
Total assets
US$11 billion (2019) [4]
Total equity
US$2.9 billion (2019)[4]
Number of employees
9,588[5] (2021)
Divisions
iHeartMedia (sans "Inc." suffix; formerly Clear Channel Media and Entertainment, Clear Channel Radio, et al.)
Subsidiaries
Broader Media, LLC
iHeartCommunications, Inc.
iHeartMedia and Entertainment, Inc.
iHeartMedia Capital I, LLC
Voxnest, Inc.
Website
iheartmedia.com
iHeartMedia, Inc., or CC Media Holdings, Inc., is an American mass media corporation headquartered in San Antonio, Texas.[5] It is the holding company of iHeartCommunications, Inc., formerly Clear Channel Communications, Inc., a company founded by Lowry Mays and Red McCombs in 1972, and later taken private by Bain Capital and Thomas H. Lee Partners in a leveraged buyout in 2008.
As a result of the 2008 buyout, Clear Channel Communications, Inc. became a wholly owned subsidiary of CC Media Holdings, Inc.[6][7] On September 16, 2014, CC Media Holdings, Inc. was rebranded iHeartMedia, Inc., and Clear Channel Communications, Inc., became iHeartCommunications, Inc.[8][9]
^"Clear Channel's John Hogan Retires, Bob Pittman's Contract Extended". Billboard.com. January 13, 2014. Archived from the original on August 19, 2014. Retrieved July 29, 2014. ... Bob Pittman, chairman and CEO of CC Media Holdings...
^"iHeartMedia Announces New Operational Structure". radioworld.com. February 26, 2021. Retrieved July 23, 2021.
^"iHeart Podcast Chief Conal Byrne Takes Bigger Digital Role Under New Company Structure". insideradio.com. February 26, 2021.
^ abcde"iHeart Media 10K 2019" (PDF). iHeartMedia. Retrieved January 16, 2021.
^ ab"iHeartMedia". Fortune. Archived from the original on December 31, 2018. Retrieved July 26, 2021.
^"CLEAR CHANNEL COMMUNICATIONS INC (Form Type: 8-K, Filing Date: 07/22/2008)". secdatabase.com. Archived from the original on July 14, 2014. Retrieved January 12, 2016.
^Peker, Emre (February 7, 2011). "Clear Channel Seeks Amendment to Refinance LBO Debt". Bloomberg. Archived from the original on July 12, 2012.
^Sisario, Ben (September 16, 2014). "Clear Channel Renames Itself iHeartMedia, in an Embrace of the Digital". The New York Times. Archived from the original on September 17, 2014. Retrieved September 16, 2014. CC Media Holdings, for example, the overall corporation, will be renamed iHeartMedia Inc., and Clear Channel Communications, its major subsidiary, will become iHeartCommunications.
^"Clear Channel Becomes iHeartMedia". ClearChannel.com (Press release). iHeartMedia. September 16, 2014. Archived from the original on September 18, 2014. Retrieved September 16, 2014. Effective today, CC Media Holdings, Inc. (OTCCB: CCMO) will become iHeartMedia, Inc. In connection with the company's new brand, the company's ticker symbol will also change, effective September 17. Of the company's major businesses, Clear Channel Media and Entertainment will become iHeartMedia; other company brands, including iHeartRadio, Premiere Networks, Total Traffic and Weather Network, Katz Media Group and RCS, will retain their current names.
iHeartMedia, Inc., or CC Media Holdings, Inc., is an American mass media corporation headquartered in San Antonio, Texas. It is the holding company of...
(often shortened to just "iHeart") is an American freemium broadcast, podcast and radio streaming platform owned by iHeartMedia. It was founded in August...
broadcast stations in Minot were single-handedly owned by IHeartMedia. As the FCC reviews media ownership rules, broadcasters continued to petition it for...
also covering its city of license of Bowdon, Georgia. It is owned by iHeartMedia and operates from studios located at the Peachtree Palisades building...
The following is a list of radio stations currently owned by iHeartMedia. Of these stations, 448 of the stations which are outside the Top 100 DMA markets...
music heard throughout the year across iHeartMedia radio stations nationwide and on iHeartRadio, iHeartMedia's digital music platform. Founded by iHeartRadio...
broadcast of the festival was delayed by mutual decision by The CW and iHeartMedia on October 2 indefinitely in the aftermath of the 2017 Las Vegas shooting...
Warriors Star Draymond Green to Host Weekly Podcast for Colin Cowherd-IHeartMedia Network the Volume". 15 November 2021. "Draymond Green, Podcast Star...
KEGL (97.1 FM) is an iHeartMedia commercial radio station licensed to Fort Worth, Texas, and serving the Dallas–Fort Worth metroplex. The station's studios...
the September 11 attacks in 2001, Clear Channel Communications (now iHeartMedia), the largest owner of radio stations in the United States, circulated...
2016-12-14. "IHeartMedia wins court approval for a plan to exit bankruptcy". adage.com. 2019-01-22. Retrieved 2020-01-21. "iHeartMedia Sets Plan for...
a content partnership with Fox Corporation's Fox Sports division and iHeartMedia, parent company of Premiere Networks. With studios also in New York,...
33. ISBN 9781429923675. Steffy, Loren (February 2018). "The Long Fall of iHeart, Once the Most Powerful and Feared Player in Radio". Texas Monthly. Retrieved...
the Temecula Valley and Inland Empire areas. The station is owned by iHeartMedia, Inc. KTMQ launched in 2000 to simulcast the signal of KGB, and was called...
contemporary-formatted radio station in Houston, Texas. The station is owned by iHeartMedia. Its studios and offices are located along the West Loop Freeway in Uptown...
group was formerly owned by E. W. Scripps Company, which sold Triton to IHeartMedia in October 2020. The company works with audio publishers in over 35 countries...
California, which has grapes and olive trees. Murdoch family "92-year-old media mogul Rupert Murdoch's next wife is from Sonoma County". The Press Democrat...
surpassing longtime market leader KDKA. The station is currently owned by iHeartMedia, and (along with WBGG) serves as the flagship radio station of the Pittsburgh...
songwriters to serve as a music curation team for the service, led by former IHeartMedia executive and KIIS-FM music director Julie Pilat. In August 2013, a landing...
The majority of programming syndicated by iHeartMedia is distributed through its subsidiary, Premiere Networks, owned by the company since 1999 and purchased...
mainstream urban radio station licensed to Atlanta, Georgia. Owned by iHeartMedia, the station serves the Atlanta metropolitan area. The WRDG studios are...
October 2023). "Dua Lipa Returns To Instagram With Cryptic New Photo". IHeartMedia. Archived from the original on 31 October 2023. Retrieved 31 October...
group structure, with some 70 UK subsidiary companies. Formerly part of iHeartMedia, as with its U.S. parent, the entertainment division is no longer part...
Global Information
US$2.6 billion (2019)[4]
US$506.7 million (2019)[4]