Welcome to our dedicated page for Iheartmedia news (Ticker: IHRT), a resource for investors and traders seeking the latest updates and insights on Iheartmedia stock.
iHeartMedia Inc (IHRT) stands as a leader in multiplatform audio entertainment, combining broadcast radio dominance with digital streaming innovation. This dedicated news hub provides investors and industry professionals with essential updates on corporate developments, financial milestones, and strategic initiatives shaping the evolving audio media landscape.
Access real-time announcements including quarterly earnings reports, content partnership expansions, and technological advancements across iHeartMedia's three core segments: broadcast networks, digital platforms like iHeartRadio, and media services infrastructure. Our curated collection simplifies tracking of regulatory filings, leadership changes, and market positioning moves critical for informed analysis.
Key coverage areas include advertising revenue trends, podcasting ecosystem growth, live event sponsorships, and broadcast technology upgrades. Bookmark this page for streamlined access to press releases, SEC filings, and expert analyses that matter most for understanding IHRT's performance in competitive media markets.
Curiosity Inc., in collaboration with iHeartPodcasts and School of Humans, announces the launch of a new history podcast titled Founding Son: John Quincy’s America. Premiering on April 13th, the podcast is hosted by Bob Crawford (The Avett Brothers) and features an array of voices including Patrick Warburton and Nick Offerman. This six-episode series explores the life of John Quincy Adams, highlighting his evolution from a one-term president to a significant ex-president and his essential role in American history.
Listeners can catch the official trailer and engage with this compelling narrative of a pivotal historical figure.
iHeartMedia and Samsung Galaxy have launched the "Samsung Galaxy Launchpad Powered by iHeartRadio" program aimed at promoting emerging artists Ice Spice and Jax. Kicking off on March 27, 2023, during the iHeartRadio Music Awards, the initiative will run until June 2024. The program focuses on providing massive exposure through iHeartRadio's platforms and leveraging Samsung Galaxy S23 Ultra devices to create exclusive content. Ice Spice, recognized for her debut EP Like..?, and Jax, known for her hit "Victoria's Secret," will share their journey via social media, building their brands as artists.
iHeartMedia and FOX Entertainment announced the 2023 iHeartRadio Music Awards hosted by Lenny Kravitz, featuring a special appearance by LL COOL J and performances from artists including P!NK, Kelly Clarkson, and Latto. The event will air live on March 27 from the Dolby Theatre in Los Angeles, from 8:00 PM to 10:00 PM ET on FOX. This year marks the tenth anniversary, celebrating the most-played songs of 2022. Nominees for Songwriter of the Year and Producer of the Year have been revealed, with fan voting open until March 20.
iHeartPodcast Network is set to host an Influencer Summit on
iHeartMedia and FOX Entertainment announced the 2023 iHeartRadio Music Awards, honoring artists like P!NK and Taylor Swift. Swift will receive the Innovator Award for her profound impact on music and culture, highlighted by record-breaking tours and album sales, including her Grammy-winning Folklore and blockbuster Midnights. Meanwhile, P!NK will receive the Icon Award for her musical achievements and philanthropic efforts. The awards ceremony will air live from Los Angeles on March 27, featuring performances from major artists and fan-voting for various categories.
iHeartMedia (Nasdaq: IHRT) announced that its Chairman and CEO, Bob Pittman, along with President, COO, and CFO, Rich Bressler, will engage in a Q&A session at the Morgan Stanley Technology, Media & Telecom Conference. This event is scheduled for Wednesday, March 8th, at 3:15 p.m. ET. A live webcast will be accessible to the public on iHeartMedia's Investors homepage, and a replay will later be available in the Events & Presentation section.
iHeartMedia is the largest audio media company in America, reaching over 250 million people monthly, excelling in broadcast, digital streaming, podcasting, and audio ad technology.
iHeartMedia reported Q4 2022 revenue of $1,126 million, up 6% year-over-year, exceeding guidance. Excluding political revenue, growth was 1%. GAAP operating income surged 41% to $173 million, with an operating margin of 15.4%. Adjusted EBITDA rose 7% to $316 million. The Digital Audio Group saw a 10% increase in revenue, driven by a 17% rise in podcast sales. However, Q1 2023 revenue is projected to dip mid-single digits. For the full year, revenue reached $3,912 million, a 10% growth, albeit a decline in GAAP operating income due to a significant impairment charge. Cash flows and free cash flow showed strong performance, totaling $420 million and $259 million, respectively.
The 2023 Black Effect Podcast Festival will be hosted by Charlamagne Tha God and Jess Hilarious on April 22 from noon to 8 p.m. ET in
