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.
News about iHeartMedia, Inc. (IHRT) reflects its role as a large audio media company active across broadcast radio, digital audio, podcasts and live events. Company announcements frequently highlight programming, partnerships and events that involve both its radio networks and its broader audio platforms.
Recent press releases describe the iHeartPodcast Awards, which honor podcasters across multiple categories and are presented in partnership with South by Southwest (SXSW). The event is staged at ACL Live at the Moody Theater in Austin, Texas and is broadcast on select iHeartMedia radio stations and through the iHeartRadio app. iHeartMedia also reports on its iHeartCountry Festival, a live country music event in Austin that is presented with brand partners and carried across iHeartCountry stations and digital channels.
iHeartMedia news also covers the iHeartRadio Music Awards, an annual show produced with FOX Entertainment that recognizes the most‑played artists and songs on iHeartRadio stations and the iHeartRadio app. These announcements include details on nominees, fan‑voted categories and broadcast plans from venues such as the Dolby Theatre in Los Angeles.
Beyond events, the company issues news about partnerships and platform developments. Examples include an expanded relationship with Amazon Ads to make iHeart’s streaming audio inventory available through Amazon DSP, a multiplatform collaboration with TikTok to launch the TikTok Podcast Network and TikTok Radio, and an exclusive video podcast partnership with Netflix for selected iHeartPodcasts. Additional releases highlight creator‑focused initiatives, such as a new video podcast distribution capability within iHeartRadio and new podcast launches with high‑profile hosts.
Investors and followers of IHRT can use this news feed to review company communications on awards shows, festivals, creator partnerships, advertising relationships and financial results, all of which provide insight into how iHeartMedia presents its activities and priorities.
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.
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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
iHeartMedia has partnered with Jackpocket, the leading app for ordering official state lottery tickets, designating it as the Official Digital Lottery Courier for the Z100 Morning Show. This collaboration will provide listeners with updates on lottery drawings and jackpots, especially when Powerball and Mega Millions exceed $300 million. The partnership includes exclusive promotions and events throughout 2023, enhancing Jackpocket's visibility across iHeartMedia's platforms. Jackpocket has facilitated over $250 million in lottery winnings, making lottery play accessible and secure in fifteen states.
On February 17, the Empire State Building (ESB) and iHeartMedia will host the "iHeartRadio Album Release Party with P!NK" to celebrate her new album, TRUSTFALL. The event includes a special lighting ceremony with P!NK flipping the switch at the Observatory, followed by an exclusive interview and performance on the 80th floor. Fans can win tickets through iHeartRadio stations from February 9 to 16. The lighting show, set to her new single "Never Gonna Not Dance Again," will air on New York's Z100 and 103.5 KTU. ESB has recently undergone a $165 million renovation and is the number one attraction in the U.S., welcoming over 4 million visitors annually.
iHeartMedia, Inc. (NASDAQ: IHRT) will release its financial results for the quarter and year ending December 31, 2022 on February 28, 2023, at 4:30 p.m. (ET). A conference call will follow to discuss the financial results and business outlook. Access is available via live audio webcast on the company's investor homepage and by phone. An audio replay will be available from 7:30 p.m. (ET) on the same day for thirty days. iHeartMedia is the leading audio media company in the U.S., reaching over 250 million people monthly.