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 multimedia and entertainment company based in the United States, recognized for its wide-reaching influence in the audio broadcasting industry. With a substantial presence across multiple platforms, iHeartMedia boasts an impressive 245 million monthly listeners in the U.S., 87 million monthly digital uniques, and over 75 million social followers. The company has the largest reach of any radio or television outlet in America, serving over 150 markets through its 858 owned radio stations.
iHeartMedia operates through three primary segments: the Multiplatform Group, the Digital Audio Group, and the Audio & Media Services Group. The Multiplatform Group, which includes the company's broadcast radio, networks, sponsorships, and events businesses, is the company’s prime revenue driver. The Digital Audio Group encompasses iHeartMedia's digital ventures, notably including podcasting, which is a rapidly growing segment for the company. The Audio & Media Services Group includes Katz Media Group, a full-service media representation business, and RCS Sound Software, a provider of scheduling and broadcast software and services.
iHeartMedia's signature digital radio platform, iHeartRadio, is a top-ranking all-in-one digital audio service, boasting over 700 million downloads. It achieved a milestone by reaching its first 20 million registered users faster than any digital service in internet history, and it hit 70 million users quicker than any other radio or digital music service, outperforming even Facebook in terms of growth rate.
Recently, iHeartMedia has engaged in significant partnerships to expand its reach and influence. One notable collaboration is with MundoNow's Oyénos Audio Network. This partnership aims to distribute a diverse range of podcasts, enriching the podcasting landscape with multifaceted Latino experiences. Oyénos has experienced remarkable growth since its launch, averaging 1.5 million downloads per month. This partnership allows iHeartMedia to leverage its vast reach and extensive marketing assets to further grow the platform and bring diverse content to new audiences.
iHeartMedia continues to lead the audio media industry, reaching over 90% of Americans each month with its broadcast radio assets alone, which have more consumer reach in the U.S. than any other media outlet. The company is also the largest podcast publisher according to Podtrac, with more downloads than the next two podcast publishers combined. Its strong audience connection and unparalleled consumer reach enable it to build and innovate new platforms, products, and services.
iHeartMedia, Inc. (NASDAQ: IHRT) is set to release its financial results for the quarter ending March 31, 2023, on May 2, 2023, at 8:30 a.m. (ET). A conference call will follow the earnings announcement to discuss the financial results and provide a business outlook. Investors can join the live audio webcast on iHeartMedia's Investors homepage or dial in using (888) 330-2446 (domestic) or +1 240 789-2732 (international) with the PIN number 71596. An audio replay will be available starting from 11:30 a.m. (ET) the same day for thirty days. iHeartMedia is the leading audio media company, reaching over 250 million people monthly, with strong positions in broadcast radio, digital streaming, and podcasting.
iHeartMedia (NASDAQ: IHRT) has named Jon Kurland as Executive Vice President of Business Affairs and Chief Entertainment Counsel, effective immediately. Kurland will oversee strategic deals and relationships with podcast, music, and entertainment partners while leading Business Affairs across the company's divisions. He has over ten years of experience, previously serving as Senior Corporate Counsel at Amazon, focusing on podcasting and music licensing. Kurland’s appointment aims to enhance iHeartMedia's competitive position in the audio industry, where it claims significant reach, including being the largest podcast publisher. The company continues to capitalize on its extensive audience and advertising capabilities to innovate and expand its services.
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
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