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.
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.
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.
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.
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.
iHeartMedia (Nasdaq: IHRT) announced the successful prepayment of $250 million of its debt, including $206 million from its Term Loan and $44 million from its Incremental Term Loan. This move lowers the interest rate on the remaining Incremental Term Loan balance to LIBOR + 3.25%, resulting in an annual interest expense savings of approximately $13 million. The prepayment reflects iHeartMedia's strategy to manage its debt more effectively following its emergence from Chapter 11. The company continues to be a leader in audio media, reaching over 250 million people monthly.
iHeartMedia announced its continued partnership with Global Citizen as the U.S. exclusive audio partner for Global Citizen Live. This event, airing performances from six continents, aims to tackle pressing global issues like poverty and climate change. iHeartMedia will also launch Global Citizen Radio to provide updates on the event. The collaboration marks the ninth year of partnership, highlighting iHeart's commitment to social causes. The Global Citizen Festival will be held on September 25 at Central Park, showcasing artists and leaders advocating for equitable access to resources.
iHeartMedia (Nasdaq: IHRT) announced that its subsidiary, iHeartCommunications, will prepay $250 million of its $2,075 million Term Loan and $447 million Incremental Term Loan using cash on hand. This initiative aims to enhance its balance sheet, reduce interest expenses, and boost free cash flow while maintaining liquidity. Alongside the prepayment, the company will reprice the Incremental Term Loan, expecting completion by mid-July. CEO Bob Pittman highlighted the favorable market conditions and the company's commitment to deleveraging.
iHeartMedia has revealed the lineup for the 2021 iHeartRadio Music Festival, scheduled for September 17-18 at T-Mobile Arena in Las Vegas. The festival features major artists including Billie Eilish, Coldplay, and Dua Lipa. A Daytime Stage will showcase emerging artists like Olivia Rodrigo and DaBaby. The event, hosted by Ryan Seacrest, will be broadcast live on iHeartMedia stations and The CW Network. Pre-sale tickets for Capital One cardholders will be available starting June 23. Public ticket sales begin on June 25.
On June 4, 2021, Celsius, a leading cryptocurrency yield-earning platform, announced a multiyear partnership with iHeartMedia to co-produce a new iHeartRadio Original podcast hosted by Celsius CEO Alex Mashinsky. Scheduled to launch later this year, the podcast aims to educate audiences on various topics, including fintech trends and cryptocurrency. Celsius aims to reach 100 million users through education and audience engagement. iHeartMedia brings a robust platform with 27 million monthly US unique users to boost cryptocurrency awareness.
