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.
e.l.f. Beauty (NYSE: ELF) has announced a multi-year global partnership with the Billie Jean King Cup (BJKC), the women's world cup of tennis. As the exclusive skin and cosmetic partner, e.l.f. aims to promote equality and inclusivity in women's sports. The company will co-host the inaugural Power of Women's Sports Summit on November 20, 2024, in Málaga, Spain, alongside the BJKC finals.
Additionally, e.l.f. has become a founding partner of iHeartMedia's Women's Sports Audio Network, the first audio platform dedicated to women's sports. This partnership includes hosting a live recording of 'The Rennae Stubbs Tennis Podcast' at the summit. These initiatives align with e.l.f.'s commitment to empowering women in sports and addressing the disparity in media coverage of women's sports.
iHeartPodcasts, Universal Television, and Wolf Entertainment have partnered to create 'Law & Order: Criminal Justice System', a new investigative true crime podcast. This four-season deal marks the first venture into investigative journalism for the 'Law & Order' brand. The podcast will premiere on August 22, 2024, with each season consisting of 12 episodes.
Hosted by former Brooklyn homicide prosecutor Anna-Sigga Nicolazzi, the first season will explore the downfall of the American Mafia in New York City. It begins with the 1979 assassination of Carmine Galante, a Bonanno crime family boss, and chronicles how local police and prosecutors dismantled the Mafia's control over the city.
Executive Producer Elliot Wolf, co-creator of Amazon Prime's 'On Call' and EVP of Digital for Wolf Entertainment, will lead the project. The podcast aims to blend the dramatic storytelling of the 'Law & Order' franchise with real-life criminal justice narratives.
iHeartMedia reported Q2 2024 financial results with consolidated revenue up 1.0% to $929 million. The Digital Audio Group saw strong growth, with revenue up 10% to $286 million, including an 8% increase in podcast revenue to $105 million. However, the Multiplatform Group revenue declined 3% to $576 million. The company reported a GAAP operating loss of $910 million, including non-cash impairment charges of $920 million. Adjusted EBITDA was $150 million, down from $191 million in Q2 2023. iHeartMedia expects full-year 2024 revenue to increase in the mid-single digits and Adjusted EBITDA to be between $760-$800 million. The company remains committed to its long-term target of approximately 4x Net Debt to Adjusted EBITDA.
iHeartMedia, Inc. (NASDAQ: IHRT) has announced its plans to release financial results for the quarter ending June 30, 2024, on Thursday, August 8th, 2024. The company will host a conference call at 8:30 a.m. ET to discuss its financial performance and business outlook. Investors can access a live audio webcast of the call on iHeartMedia's Investors homepage or dial in using the provided numbers. An audio replay will be available for 30 days following the call. This announcement provides shareholders and analysts with a scheduled opportunity to review and discuss iHeartMedia's quarterly performance, potentially impacting the stock's valuation and investor sentiment.
iHeartMedia announced the return of the 2024 iHeartRadio Fiesta Latina on October 26 at Kaseya Center in Miami, Florida. The event, presented by Nissan, will feature performances by Feid, Sebastián Yatra, Wisin, Chencho Corleone, Manuel Turizo, Maria Becerra, and more. Enrique Santos will host the eleventh annual celebration of Latin music.
Feid will receive the iHeartRadio Corazón Latino Award for his impact as a singer, songwriter, and producer. Tickets go on sale on July 23 via Ticketmaster.com. The event will be broadcast live on iHeartMedia's Spanish-language radio stations and the iHeartRadio app. Partners include Nissan, Goya Foods, M&M'S®, and State Farm®.
iHeartMedia and Deep Blue Sports + Entertainment have launched the Women's Sports Audio Network (WSAN), the first audio platform dedicated solely to women's sports. The network features podcasts hosted by prominent athletes like Madison Packer, Sheryl Swoopes, and Sarah Spain. On June 18, WSAN will begin broadcasting “Women’s Sports Reports” on over 500 iHeartMedia radio stations, promising greater media coverage for women's sports. Capital One and e.l.f Cosmetics are founding partners. The new network aims to tap into the growing market for women’s sports, which is expected to become a $1 billion industry this year.
iHeartMedia announced the 2024 iHeartRadio Music Festival lineup, presented by Capital One, to be held on September 20 and 21 at T-Mobile Arena in Las Vegas. The event will feature performances by Big Sean, Camila Cabello, Doja Cat, Gwen Stefani, and more, hosted by Ryan Seacrest. Hulu will stream the festival live. Capital One cardholders get presale access starting June 12, and general ticket sales begin June 14 on AXS.com. The festival will also be broadcast across iHeartMedia's radio stations.
EasyKnock, a home equity solution platform, has announced an extensive marketing partnership with iHeartMedia, focusing on nationwide on-air and digital advertising. This collaboration aims to raise awareness about EasyKnock's unique service that enables homeowners to convert home equity into cash while staying in their homes, irrespective of their credit scores or lender requirements. CEO Jarred Kessler emphasized the significant opportunity presented by iHeartMedia's widespread and engaged audience. Joe Robinson, President of Corporate Development and Ventures for iHeartMedia, expressed optimism about the value this partnership will bring to listeners.
Can't Cancel Pride, now in its fifth year, will air on June 12 at 8 p.m. ET / 5 p.m. PT. The event includes performances by Billy Porter, Allison Russell, Ben Platt, Meghan Trainor, and others. Hosted by Billy Porter, who will also receive the Elton John Impact Award, the event aims to raise funds and visibility for LGBTQ+ organizations like GLAAD and The Trevor Project. The benefit has raised over $14 million since its inception and reached 23 million viewers in 2023 alone. Streaming platforms include iHeartRadio’s YouTube and Facebook pages, Hulu, Revry, and The Advocate Channel.
iHeartMedia awarded Every Mother Counts with its Spotlight Media Grant to raise awareness about the maternal health crisis in the United States. The campaign aims to address the rising maternal mortality rate, particularly among Black women, through a series of PSAs airing on 840 iHeart radio stations and digital campaigns. The partnership underscores the importance of safe and equitable pregnancy and childbirth for all.