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, the largest audio media company in the U.S., has announced a partnership with Sounder, an audio intelligence platform. This collaboration aims to enhance monetization, brand safety, and content discoverability for podcasts. By utilizing Sounder’s Audio Data Cloud, iHeartMedia will provide creators with AI and Machine Learning tools for insights to boost growth. iHeartMedia has also invested in Sounder’s Series A round. The initiative is set to improve targeted advertising, ensuring a safe environment for advertisers across iHeart's extensive podcast network, which boasts over 392 million downloads monthly.
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iHeartMedia, Inc. (NASDAQ: IHRT) will announce its financial results for the quarter and year ending December 31, 2021, on February 23, 2022, at 8:30 a.m. ET. A conference call will follow to discuss the results and future business outlook. Interested parties can access the call via the company's Investors homepage or by calling 833-350-1328 (domestic) or +1 236-389-2425 (international). An audio replay will be available starting at 11:30 a.m. ET on the same day for 30 days.
iHeartMedia is the leading audio media company in America, reaching over 250 million people monthly.
The 2022 iHeartRadio Music Awards, airing live on March 22 from Los Angeles, will honor the most-played artists and songs from iHeartRadio stations. Nominees include Ariana Grande, Bruno Mars, and Olivia Rodrigo, among others. The show features categories voted by fans, including Best Fan Army and Best Lyrics, with voting open until March 15. iHeartMedia emphasizes its vast reach, claiming to connect with over 90% of Americans monthly, underscoring its position as a leading audio media company in the U.S.
iHeartMedia announced the return of the iHeartCountry Festival on May 7, 2022, hosted by Bobby Bones at the new Moody Center in Austin, Texas. The ninth edition features top artists including Thomas Rhett, Carrie Underwood, and Zac Brown Band, broadcast live across iHeartMedia’s Country stations. With over 150 country stations, iHeartCountry reaches more than 110 million listeners monthly, making it the largest country radio group in the U.S. Capital One Cardholders can access exclusive pre-sale tickets starting February 1.
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iHeartMedia is expanding into web3 and the metaverse, launching new events on Roblox (NYSE: RBLX) and creating tokenized communities. This initiative aims to harness its reach of over 90% of Americans monthly to raise awareness for new platforms. CEO Bob Pittman emphasized the company's unique position to drive demand for emerging technologies, aiming for a new growth layer. iHeart plans to engage 47 million daily Roblox users through immersive musical experiences and a new token that rewards creators and fans with exclusive access and NFTs.
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iHeartMedia Los Angeles partners with Children's Hospital Los Angeles for the sixth consecutive year on Giving Tuesday, November 30, raising funds to support pediatric care. Notable sponsors like DaVinci Baby and CBS Studios pledged $125,000 in matching donations. Over the past five years, the event generated more than $1 million. The campaign promotes community involvement through donations and partnerships with local businesses like Porto’s Bakery.
Listeners can donate via kost1035.com/chla or call 1-800-909-CHLA.
iHeartMedia reported Q3 2021 revenue of $928 million, a 25% increase YoY. Digital Audio Group revenue surged 77% to $205.8 million, with podcast revenue up 184%. Operating income rose to $80 million, doubling from $39 million in Q3 2020. Adjusted EBITDA reached $230 million, reflecting a 42% YoY increase. Free cash flow was $45 million. Despite political ad revenue declines, the company expects Q4 revenue growth of 10% YoY. iHeart maintains strong liquidity with $369 million in cash.
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