STOCK TITAN

Iheartmedia Inc - IHRT STOCK NEWS

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. (NASDAQ: IHRT) is a leading diversified media and entertainment company headquartered in the United States, specializing in audio broadcasting and digital media solutions. With an extensive presence across multiple platforms, iHeartMedia operates through three primary business segments: the Multiplatform Group, the Digital Audio Group, and the Audio & Media Services Group, each contributing uniquely to its comprehensive portfolio.

Multiplatform Group

The Multiplatform Group encompasses iHeartMedia's traditional broadcasting operations, which include over 850 owned AM/FM radio stations spanning more than 150 markets. This segment also includes the company's networks, sponsorships, and live events businesses. With a reach of 245 million monthly listeners in the U.S., iHeartMedia boasts the largest audience of any radio or television outlet in the country. Its content is accessible via AM/FM radio, HD digital radio, satellite radio, and online platforms, ensuring a seamless experience for diverse audiences.

Digital Audio Group

The Digital Audio Group represents iHeartMedia's commitment to digital innovation. This segment includes the flagship iHeartRadio platform, a leading all-in-one digital audio service that offers live radio, custom stations, and on-demand content. With over 700 million downloads and rapid user adoption, iHeartRadio is a cornerstone of the company's digital strategy. Additionally, iHeartMedia is a dominant force in podcasting, leveraging its extensive library of original content to engage audiences and drive revenue through advertising and sponsorships.

Audio & Media Services Group

The Audio & Media Services Group includes Katz Media Group, a full-service media representation business, and RCS Sound Software, a provider of advanced scheduling and broadcast software solutions. These services cater to broadcasters and advertisers, enabling them to optimize their operations and maximize reach. This segment underscores iHeartMedia's role as a critical infrastructure provider within the audio and media ecosystem.

Competitive Landscape and Differentiation

iHeartMedia operates in a competitive media landscape alongside traditional broadcasters, digital streaming platforms, and podcasting networks. Its unique ability to integrate traditional radio with digital audio services positions it as a hybrid leader in the industry. By leveraging its unparalleled reach, proprietary technology, and diverse content offerings, iHeartMedia delivers value to advertisers seeking targeted and scalable campaigns.

Technological Innovation and Market Reach

iHeartMedia's technological initiatives extend beyond broadcasting. The company has embraced emerging platforms, making its content available on smartphones, tablets, gaming consoles, and enhanced auto dashboards. This multi-platform approach ensures that iHeartMedia remains accessible to consumers wherever they are. Additionally, its traffic and weather network reaches 196 million monthly consumers, further solidifying its role as a key information provider.

In summary, iHeartMedia Inc. is a multifaceted media powerhouse that bridges traditional and digital audio domains. With its expansive reach, innovative platforms, and diversified revenue streams, the company continues to play a pivotal role in shaping the future of audio entertainment and advertising.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.92%
Tags
none
-
Rhea-AI Summary

iHeartMedia reported Q2 2021 results with revenue of $862 million, a 77% increase YoY, and GAAP operating income of $28 million, reversing a $159 million loss in Q2 2020. Adjusted EBITDA reached $185 million, up from a $(29) million loss last year. Digital Audio Group showed strong growth, with revenue up 112% YoY, led by podcast revenue surging 152%. The company anticipates a 20% revenue increase in Q3 and aims to return to 2019 adjusted EBITDA levels by year-end. Cash balance stood at $583 million as of June 30, 2021.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-17.03%
Tags
none
-
Rhea-AI Summary

iHeartMedia, the leading audio company in America, has formed a strategic partnership with French multimedia group NRJ to develop and monetize a selection of iHeartRadio Original podcasts for French listeners. The collaboration will see the first translated podcasts available in the last quarter of 2021, including popular shows like “Stuff You Should Know” and various true-crime podcasts. NRJ will lead monetization efforts in France and distribute select English-language podcasts. This partnership aims to expand podcast offerings while leveraging Triton's technology to enhance revenue streams.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.88%
Tags
none
Rhea-AI Summary

LiveXLive Media (NASDAQ: LIVX) announced its ongoing partnership with iHeartMedia to exclusively stream the 2021 iHeartRadio Fiesta Latina on October 16, 2021, from the Amway Center in Orlando, Florida. This year’s concert features renowned Latin artists like Wisin & Yandel, Prince Royce, and J Balvin. Additionally, Luis Fonsi will receive the iHeartRadio Corazón Latino Award for his contributions to the Latin community. Tickets will be available starting August 5, 2021.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.93%
Tags
none
-
Rhea-AI Summary

iHeartMedia (IHRT) has partnered with TuneIn to distribute over 850 digital radio stations across TuneIn's platforms. This collaboration will leverage iHeart's extensive advertising resources and Triton Digital's technology for enhanced monetization. iHeartMedia aims to broaden its audience reach by sharing prominent stations like New York’s Z100 and Los Angeles’ KISS FM on TuneIn. The partnership is expected to enable direct and programmatic ad sales, providing advertisers greater targetability and access to a wider listener base.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.5%
Tags
none
-
Rhea-AI Summary

iHeartMedia, the top global podcast publisher, has partnered with the NBA to launch over 20 new co-produced podcasts. This multi-year collaboration will utilize NBA archives to explore iconic sports moments and provide player insights, debuting this Fall on the iHeartPodcast Network. The partnership aims to expand the NBA's audio offerings, enhancing fan engagement through a variety of platforms. With iHeartMedia's broad reach, both organizations look forward to delivering captivating content to sports enthusiasts.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.1%
Tags
partnership conferences
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.65%
Tags
partnership
-
Rhea-AI Summary

iHeartMedia has entered a multi-year agreement to co-produce eight original podcasts with Sports Illustrated, enhancing its podcast portfolio. The iHeartPodcast Network will distribute these new titles alongside existing Sports Illustrated podcasts. Notable upcoming projects include 'Sports Illustrated Weekly' and 'Lateral Damage', focusing on in-depth sports journalism and true crime respectively. This partnership aims to leverage Sports Illustrated's strong brand presence, offering credible sports content and storytelling to a broader audience, tapping into over 250 million monthly listeners.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.65%
Tags
none
-
Rhea-AI Summary

iHeartMedia, Inc. (NASDAQ: IHRT) will release its financial results for the quarter ending June 30, 2021, on August 5, 2021. The announcement will be followed by a conference call at 4:30 p.m. (ET) to discuss the results and future business outlook. Investors can access a live audio webcast on iHeartMedia’s website. An audio replay will be available after the call for thirty days. iHeartMedia is recognized as the leading audio media company in the U.S., reaching over 250 million people monthly.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.58%
Tags
conferences earnings
Rhea-AI Summary

LiveXLive Media (NASDAQ: LIVX) announces its continued partnership with iHeartMedia for the 2021 iHeartCountry Festival, taking place on October 30, 2021. The festival features major Country artists like Toby Keith and Blake Shelton, hosted by Bobby Bones at the Frank Erwin Center in Austin, Texas. LiveXLive will stream the event globally, marking the third consecutive year of collaboration. With iHeartCountry reaching over 110 million listeners monthly, this event enhances brand visibility. General ticket sales begin on July 30, 2021, after an exclusive pre-sale for Capital One cardholders starting July 27, 2021.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.65%
Tags
none

FAQ

What is the current stock price of Iheartmedia (IHRT)?

The current stock price of Iheartmedia (IHRT) is $1.6 as of March 3, 2025.

What is the market cap of Iheartmedia (IHRT)?

The market cap of Iheartmedia (IHRT) is approximately 247.8M.

What does iHeartMedia Inc. do?

iHeartMedia Inc. is a diversified media and entertainment company specializing in radio broadcasting, digital audio services, podcasting, and media representation.

How does iHeartMedia generate revenue?

iHeartMedia generates revenue through traditional radio broadcasting, digital platforms like iHeartRadio, podcasting, live events, and media representation services.

What is the iHeartRadio platform?

iHeartRadio is a digital audio platform offering live radio, custom stations, and on-demand content, with over 700 million downloads and extensive user engagement.

How does iHeartMedia differentiate itself from competitors?

iHeartMedia differentiates itself through its integration of traditional and digital audio platforms, unmatched audience reach, and leadership in podcasting.

What are the main business segments of iHeartMedia?

iHeartMedia operates through three segments: the Multiplatform Group (radio and events), the Digital Audio Group (iHeartRadio and podcasting), and the Audio & Media Services Group (media representation and software).

How many radio stations does iHeartMedia own?

iHeartMedia owns over 850 AM/FM radio stations across more than 150 markets in the United States.

What role does podcasting play in iHeartMedia's business model?

Podcasting is a key growth area for iHeartMedia, with the company leveraging its extensive library of original content to engage audiences and attract advertisers.

What is Katz Media Group?

Katz Media Group is a subsidiary of iHeartMedia that provides full-service media representation, helping broadcasters and advertisers optimize their campaigns.

What industries does iHeartMedia serve?

iHeartMedia serves the media, entertainment, and advertising industries, providing content distribution, audience engagement, and advertising solutions.

What makes iHeartMedia's audience reach significant?

iHeartMedia's audience reach is significant due to its combination of traditional radio, digital platforms, and podcasting, making it the largest audio network in the U.S.
Iheartmedia Inc

Nasdaq:IHRT

IHRT Rankings

IHRT Stock Data

247.82M
119.31M
4.38%
85.87%
4.18%
Broadcasting
Radio Broadcasting Stations
Link
United States
SAN ANTONIO