IHRT · Categories · M&A
IHRT - Mergers and acquisitions
iHeartMedia Inc. (IHRT) mergers and acquisitions - real-time wire coverage filtered to M&A only.
Recent M&A for IHRT
- Curiosity and iHeartMedia Partner to Launch Curiosity Audio NetworkCuriosity Inc., the leading global factual media and entertainment company, has partnered with iHeartMedia, the No.1 podcast publisher globally according to Podtrac, to launch the Curiosity Audio Network, which will develop and release several podcast projects throughout the year. Curiosity's first foray into podcasting, the Curiosity Audio Network will feature original content as well as podcasts to complement programming from Curiosity's library of documentary films, shows and series. "We couldn't be more excited to make our move into audio in partnership the #1 podcast publisher in the world," said Devin Emery, Chief Strategy Officer for Curiosity. "Audio is exploding as a go-to medium
- iHeartMedia, Inc. Reports Results for 2021 First QuarteriHeartMedia, Inc. (NASDAQ:IHRT) today reported financial results for the quarter ended March 31, 2021. Financial Highlights: Q1 Results Q1 Revenue of $707 million down 9.5% YoY; excluding the impact of Political, Q1 Revenue was down 7% YoY Surpassing the Company's guidance of down 11-13% YoY, with Digital driving the out performance GAAP Operating loss of $76 million compared to $1.7 billion in prior-year, which included $1.7 billion of impairment charges Consolidated Adjusted EBITDA of $102 million compared to $140 million in the prior year period Generated Cash Flows from operating activities of $72 million and Free Cash Flow of $53 million Cash balance and total available
- Empire State Building and iHeartMedia New York To Gift One Couple the Ultimate New York City Wedding at the World's Most Romantic BuildingNEW YORK, Jan. 25, 2021 /PRNewswire/ -- The Empire State Building (ESB), in partnership with iHeartMedia New York, today launched a national contest that will gift one couple the socially distanced wedding of their dreams on Valentine's Day weekend at the world's most romantic building, with everything from the dress to the wedding rings included. From Jan. 25 through Feb. 5, couples whose 2020 wedding dreams were postponed or canceled due to the coronavirus pandemic can share their story online at Z100.com or LiteFM.com for the chance to win a jaw-dropping ceremony on Feb. 13, 2021 at the building's 86th Floor Observatory. (PRNewsfoto/Empire State Realty Trust, Inc.)