Company Description
iHeartMedia, Inc. (Nasdaq: IHRT) is described in its public communications as the leading audio media company in America. According to the company, nine out of ten Americans listen to iHeart broadcast radio in every month, and its broadcast radio assets alone have a larger audience in the U.S. than any other media outlet. iHeartMedia also reports that its ad‑enabled audience is more than four times the size of the largest digital‑only audio service. The company is listed on the Nasdaq Global Select Market under the ticker symbol IHRT and operates in the information sector with a focus on radio networks and audio media.
iHeartMedia presents itself as the largest podcast publisher based on third‑party measurement from Podtrac and Triton, stating that it generates more downloads than the next two podcast publishers combined. The company highlights a broad audio ecosystem that spans broadcast radio, digital streaming, podcasting, and live events. Its public descriptions emphasize a combination of scale, cross‑platform reach, and the ability to connect advertisers with listeners across multiple formats.
Business Segments and Operations
Based on information provided in its descriptions and financial disclosures, iHeartMedia organizes its activities into several major groups. The Multiplatform Group includes broadcast radio, networks, sponsorships, and events businesses. This group reflects the company’s traditional radio station operations and related advertising, as well as national network programming and branded event properties.
The Digital Audio Group encompasses the company’s digital businesses, including podcasting and other digital audio offerings. Company disclosures indicate that this group generates revenue from podcast advertising and other forms of digital advertising, reflecting advertiser demand for digital and podcast inventory. iHeartMedia also reports that it operates the iHeartRadio digital service, which offers access to streaming radio and podcasts.
The Audio & Media Services Group includes Katz Media Group, which iHeartMedia describes as a full‑service media representation business, and RCS Sound Software, which it identifies as a provider of scheduling and broadcast software and services. Financial reporting shows this group as a distinct segment alongside the Multiplatform Group and Digital Audio Group.
Scale, Reach and Market Position
In repeated public statements, iHeartMedia emphasizes its audience scale and reach. The company states that:
- Its broadcast radio assets have a larger audience than any other media outlet in the United States.
- It is the largest podcast publisher according to Podtrac, with more downloads than the next two podcast publishers combined.
- It has what it calls the most recognizable live events across all genres of music.
- It has the number one social footprint among audio players, with five times more followers than the next audio media brand.
- It operates what it describes as the only fully integrated audio ad tech solution across broadcast, streaming and podcasts.
These claims are presented by the company in its press releases and are part of how iHeartMedia characterizes its position in the audio and media landscape.
Events and Live Experiences
iHeartMedia highlights a roster of nationally recognized live events that are associated with its brands. These include the iHeartRadio Music Awards, the iHeartRadio Music Festival, the iHeartRadio Jingle Ball Tour, iHeartRadio Fiesta Latina, the iHeartCountry Festival and iHeartRadio ALTer Ego. The company also produces the iHeartPodcast Awards, which it describes as a celebration of podcasting and influential creators across multiple categories.
In its announcements, iHeartMedia positions these events as extensions of its audio brands, often integrating broadcast radio, digital streaming, and in‑person experiences. The iHeartCountry Festival and iHeartRadio Music Awards, for example, are described as being broadcast across iHeartRadio stations nationwide and through the iHeartRadio app, illustrating how the company uses multiple channels to distribute event content.
Partnerships and Platform Strategy
iHeartMedia’s public communications describe a strategy that involves collaborations with major technology and media platforms. The company has announced an expanded relationship with Amazon Ads, under which advertisers using Amazon DSP can access iHeart’s streaming audio portfolio programmatically. iHeartMedia states that access to iHeartPodcasts and its broadcast radio stations through this integration is expected to follow, and it characterizes this as part of an effort to make broadcast radio addressable, measurable, and available programmatically.
The company has also announced a multiplatform partnership with TikTok that includes a TikTok Podcast Network, a TikTok‑branded radio channel, and integrations at iHeart live events. According to iHeartMedia, this collaboration is intended to bring TikTok creators into its ecosystem, with new podcasts hosted by creators, co‑branded studios, and distribution across iHeart’s audio platforms.
In another announcement, iHeartMedia and Netflix outlined an exclusive video podcast partnership for more than 15 original iHeartPodcasts. Under this arrangement, selected podcasts will have video versions available on Netflix, while iHeartMedia retains audio‑only rights and continues to distribute the shows across audio platforms. iHeartMedia describes this as an extension of audio podcasting into video formats.
Digital and Podcast Initiatives
iHeartMedia’s Digital Audio Group is a key focus in its financial and strategic communications. The company reports that this group includes podcasting and other digital audio businesses, and that its revenue has grown year over year driven by advertiser demand for digital and podcast inventory. The company also notes that it uses non‑cash trade revenue from strategic marketing initiatives as part of its digital revenue mix.
In a separate announcement, iHeartMedia stated that it plans to support both audio and video podcast distribution within the iHeartRadio app and web platform at no cost to creators. The company describes this as part of a “Creators First” mission, emphasizing creator control over content format, monetization, and hosting. According to iHeartMedia, creators will be able to distribute full‑length video versions of their podcasts via standard RSS feeds, while retaining monetization control without a revenue share to iHeart.
Financial Reporting and Segments
iHeartMedia’s quarterly financial results provide additional context on its operations. The company reports consolidated revenue and Adjusted EBITDA, along with segment results for the Multiplatform Group, Digital Audio Group, and Audio & Media Services Group. Its disclosures describe trends such as:
- Digital Audio Group revenue growth driven by increased demand for digital and podcast advertising.
- Multiplatform Group revenue affected by political advertising cycles and broadcast advertising conditions.
- Audio & Media Services Group revenue influenced by political advertising at Katz Media and broader market conditions.
iHeartMedia also discusses cost management, including modernization initiatives, changes in employee compensation, and the use of technologies such as AI‑powered tools and services to improve efficiency.
Corporate Governance and Executive Agreements
Recent Form 8‑K filings describe changes to executive employment agreements. The company has reported amendments extending the terms of agreements with senior executives and adjusting certain compensation and severance provisions. Another filing notes a change in title and compensation terms for a senior finance executive, including an appointment to the role of Chief Financial Officer effective on a specified date. These disclosures illustrate how iHeartMedia communicates material changes in its leadership arrangements to investors through SEC filings.
Role in the Audio and Media Ecosystem
Across its public statements, iHeartMedia presents itself as an audio‑focused media company with a combination of broadcast radio, digital audio, podcasts, and live events. It highlights its audience reach, social media footprint, and relationships with creators, advertisers, and distribution partners. The company states that it continues to use its audience connection and consumer reach to build new platforms, products, and services within the audio domain.
FAQs about iHeartMedia, Inc. (IHRT)
- What does iHeartMedia, Inc. do?
According to its public descriptions, iHeartMedia is an audio media company that operates broadcast radio stations, digital audio services, podcast businesses, and live events. It reports operations through the Multiplatform Group, Digital Audio Group, and Audio & Media Services Group. - How does iHeartMedia describe its market position?
The company states that it is the leading audio media company in America, with nine out of ten Americans listening to its broadcast radio each month. It also describes itself as the largest podcast publisher according to Podtrac and Triton, with more downloads than the next two podcast publishers combined. - What are iHeartMedia’s main business segments?
Financial and descriptive disclosures identify three main groups: the Multiplatform Group (broadcast radio, networks, sponsorships and events), the Digital Audio Group (digital businesses including podcasting), and the Audio & Media Services Group (including Katz Media Group and RCS Sound Software). - On which stock exchange does IHRT trade?
iHeartMedia’s Class A common stock trades on the Nasdaq Global Select Market under the ticker symbol IHRT, as stated in its SEC filings. - How important is podcasting to iHeartMedia?
Podcasting is a central part of the company’s Digital Audio Group. iHeartMedia describes itself as the largest podcast publisher and has announced initiatives such as the iHeartPodcast Awards, partnerships with creators, and collaborations with platforms like Netflix and TikTok that involve podcast content. - What kinds of live events does iHeartMedia produce?
The company cites a series of nationally recognized events, including the iHeartRadio Music Awards, iHeartRadio Music Festival, iHeartRadio Jingle Ball Tour, iHeartRadio Fiesta Latina, iHeartCountry Festival, iHeartRadio ALTer Ego, and the iHeartPodcast Awards. - How does iHeartMedia work with advertisers?
In its public statements, iHeartMedia notes that it offers advertisers access to its audio inventory across broadcast, streaming, and podcasts. Partnerships such as the expanded relationship with Amazon Ads through Amazon DSP are described as ways for advertisers to reach listeners programmatically using audience and shopping signals. - What technology capabilities does iHeartMedia highlight?
The company describes itself as having a fully integrated audio ad tech solution across broadcast, streaming and podcasts. It also notes the use of AI‑powered tools and services in its operations and mentions advanced audio and video infrastructure in co‑branded podcast studios developed with partners. - How does iHeartMedia describe its social media presence?
iHeartMedia states that it has the number one social footprint among audio players, with five times more followers than the next audio media brand. This claim appears in multiple company press releases. - Where can investors find official information about iHeartMedia?
Investors can refer to the company’s filings with the U.S. Securities and Exchange Commission, such as Form 8‑K reports and other periodic filings, where iHeartMedia provides details on financial results, segment performance, and material corporate events.
Stock Performance
Latest News
SEC Filings
Financial Highlights
Upcoming Events
Earnings release
Earnings call & webcast
Audio replay available
2026 iHeartPodcast Awards
iHeartRadio Music Awards broadcast
iHeartCountry Festival (live)
Short Interest History
Short interest in Iheartmedia (IHRT) currently stands at 6.0 million shares, up 5.1% from the previous reporting period, representing 5.0% of the float. Over the past 12 months, short interest has decreased by 10.6%. The 5.9 days to cover indicates moderate liquidity for short covering.
Days to Cover History
Days to cover for Iheartmedia (IHRT) currently stands at 5.9 days, up 42.2% from the previous period. This moderate days-to-cover ratio suggests reasonable liquidity for short covering, requiring about a week of average trading volume. The days to cover has decreased 27.9% over the past year, suggesting improved liquidity for short covering. The ratio has shown significant volatility over the period, ranging from 1.1 to 17.6 days.