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. reports developments across its U.S. audio media business, including broadcast radio, podcasting, digital audio advertising, live events and audio technology. The company operates through the Multiplatform Group, Digital Audio Group, and Audio & Media Services Group, with recurring updates tied to advertising products, audience research, partnerships, music events and financial results.
Company news commonly covers iHeartRadio programming and awards shows, podcast and digital audio monetization, broadcast-radio attribution tools, consumer and advertiser studies, and quarterly earnings releases that discuss segment revenue, Adjusted EBITDA, liquidity and business outlook.
iHeartMedia has announced a multi-year partnership with DraftKings, designating DraftKings as the official odds supplier for iHeartMedia's platforms across over 160 markets in the U.S. This collaboration allows DraftKings to co-create content, access iHeartMedia's diverse personalities, and enhance audience engagement. iHeartMedia's reach includes 270 million consumers monthly, positioning DraftKings for significant exposure in digital and live sports broadcasts. Both companies anticipate innovative opportunities in experiential content and data-driven advertising.
Big Brothers Big Sisters of America (BBBSA) has appointed Tony Coles, iHeartMedia's division president, as a new board member. Coles brings significant media expertise and a commitment to mentorship, particularly in communities of color. His experience includes launching the Black Information Network, which focuses on news for the Black community. BBBSA aims to enhance equity in mentorship experiences nationwide. The board includes executives from various Fortune 500 companies, ensuring a strong leadership dynamic for advancing the organization's mission.
iHeartMedia, Inc. (NASDAQ:IHRT) has successfully repurchased and canceled all 60,000 shares of its Series A Perpetual Preferred Stock for $60 million, enhancing its balance sheet and increasing free cash flow. This strategic move, which involved a total cash outlay of $64.35 million, reflects the company's commitment to improving its capital structure and reducing interest expenses. The buyback demonstrates iHeart's confidence in its business trajectory and maintains liquidity for future investments.
iHeartMedia, Inc. (NASDAQ: IHRT) will announce its financial results for Q3 2021 on November 4th, 2021. The earnings release will be followed by a conference call at 4:30 p.m. ET to discuss the results and future outlook. Investors can access the live audio webcast on iHeartMedia’s investor website. An audio replay will be available from 7:30 p.m. ET the same day for thirty days. iHeartMedia is a leading audio media company in the U.S., reaching over 250 million people monthly.
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Mattel, Warner Music Group, and iHeartMedia launched Barbie Radio, a 24-hour digital station available exclusively on iHeartRadio. The station features Barbie acting as a DJ, playing songs from her extensive catalog, including music from her latest album Barbie: Big City, Big Dreams. This initiative aims to engage children and families while promoting girl empowerment through its content. Barbie Radio can be accessed on various devices, providing an interactive musical experience for fans worldwide.
iHeartMedia announces the return of the iHeartRadio Podcast Awards on January 13, 2022, honoring the best in podcasting for 2021. New categories include Podcast to Watch and Best International Podcast, while the Podcast of the Year nominees feature popular shows like Code Switch and SmartLess. Fans can vote on Twitter from December 13 to January 2, 2022. The awards celebrate a podcast industry that has seen a 60% rise in monthly listeners since 2018.
LiveOne (NASDAQ: LVO) will exclusively stream the 2021 iHeartRadio Fiesta Latina on October 16, 2021, featuring performances from artists like Wisin & Yandel, Luis Fonsi, and J Balvin. Hosted by Enrique Santos, the event will honor Luis Fonsi with the iHeartRadio Corazón Latino Award for his contributions to the Latin community. Celebrity presenters include Carlos Ponce and Aleyda Ortiz. Tickets are available through Ticketmaster, and the event will also be broadcasted on iHeartRadio's Spanish stations.
iHeartMedia has announced the lineup for the fifth annual iHeartRadio ALTer EGO event, set for January 15, 2022, at the Forum in Los Angeles. Major artists including Coldplay, Imagine Dragons, and Kings of Leon will perform live. The event will be exclusively streamed worldwide by LiveOne's subsidiary, LiveXLive. A pre-sale for Capital One cardholders starts on October 18, while general tickets go on sale on October 22. The event aims to celebrate alternative rock music and engage fans through various promotional opportunities.
iHeartMedia announces the return of the iHeartRadio Jingle Ball Tour Presented by Capital One, featuring top artists like Ed Sheeran, Dua Lipa, and Lil Nas X. Scheduled for major cities including New York, Los Angeles, and Miami, the tour promotes live performances amidst the holiday spirit. Tickets will be available through a Capital One Cardholder Pre-Sale starting on October 5 and for the general public on October 8. The event will also be broadcast as a special on The CW Network on December 15.