iHeartMedia Archives - Digital Music News

No Spotify or Slack Here — iHeartMedia’s Shares Fall as Much as 7% on Its First Day on NASDAQ

July 19, 2019

Emerging from bankruptcy, iHeartMedia returned to Wall Street yesterday morning. Unfortunately, the nation’s largest radio broadcaster wasn’t exactly welcomed with open arms. Now trading under “IHRT” on N... Read More...

iHeartMedia Partners With WPP to Launch Project Listen, a New Audio Advertiser Initiative

Daniel Sanchez

June 19, 2019

iHeartMedia has unveiled a strategic partnership to improve audience engagement — and boost audio advertising spends. According to the major American broadcaster, consumer listening has reached an all-time h... Read More...

What Bankruptcy? iHeartMedia Discreetly Files for IPO

Daniel Sanchez

April 3, 2019

iHeartMedia’s IPO could perform decently. But will the company’s top executives run the company into the ground once more? Two years ago, iHeartMedia faced a massive problem. Saddled with around $20.6 bil... Read More...

A Federal Judge Has Approved iHeartMedia's Bankruptcy Reorganization Plan

More Bonuses? A Federal Judge Approves iHeartMedia’s Bankruptcy Reorganization Plan

Daniel Sanchez

January 23, 2019

Once the broadcast giant exits bankruptcy, will the company continue giving its top executives unnecessarily massive bonuses? As part of its attempt to exit bankruptcy, iHeartMedia executives had presented a... Read More...

iHeartMedia Agrees to Split from Clear Channel Outdoor Holdings

Daniel Sanchez

December 24, 2018

According to Bob Pittman, CEO of iHeartMedia, following the split, both companies will finally achieve their individual misions. But what does that mean, exactly? Several months ago, iHeartMedia, under the ... Read More...

As iHeartMedia Struggles to Exit Bankruptcy, Liberty Media Reportedly Eyes Control of the Company

Daniel Sanchez

December 5, 2018

Should Liberty Media acquire a significant share in iHeartMedia, John Malone’s company would own a majority stake in four music properties. Several months ago, John Malone and his company, Liberty Media, fin... Read More...

Apple Could Soon Take a Sizeable Equity Investment in iHeartMedia

Apple Is Exploring a Sizable Equity Investment in Bankrupted iHeartMedia

Daniel Sanchez

November 1, 2018

With an investment in iHeartMedia, Apple could finally catapult its Beats Radio offering into the mainstream. Let's see how this plays out. According to a new report, Apple wants a slice of the iHeartRadio ... Read More...

Latest Industry: 5 Seconds of Summer, Liberty Media, XXXTentacion, SAG-AFTRA/AFM, Universal, TIDAL, Facebook, More...

Latest Industry: SAG-AFTRA/AFM, Liberty Media, XXXTentacion’s Funeral, UMG, CD Baby, More…

Daniel Sanchez

June 25, 2018

SAG-AFTRA and AFM sued over the Intellectual Property Rights Distribution Fund. SAG-AFTRA and the American Federation of Musicians (AFM) face a massive class-action lawsuit for allegedly having a conflict of... Read More...

iHeartMedia Still Owes Artists $16.4 Million. Now, It Wants to Pay Itself $108 Million in Bonuses

Daniel Sanchez

May 10, 2018

iHeartMedia has proven that filing for bankruptcy can lead to a very solid payday. Well, not for the artists, labels, and PROs it owes. Last March, underscoring Digital Music News’ theory a year earlier, iH... Read More...

Bankrupt iHeartMedia Owes Artists $16.4 Million. The Company's Top Execs Are Getting $15.6 Million In Bonuses This Year.

Bankrupt iHeartRadio Owes Artists $16.4 Million. The Company’s Top Execs Are Getting $15.5 Million In Bonuses This Year.

Daniel Sanchez

March 20, 2018

Tom Poleman, President of iHeartMedia's National Programming. Don’t worry, top iHeartMedia executives. While your company has yet to pay out hard-working artists, you’ll get your (unmerited) massive bonuses.... Read More...

iHeartMedia Files for Chapter 11 Bankruptcy. CEO Gets a $10.3 Million Bonus.

Daniel Sanchez

March 15, 2018

iHeartMedia CEO Bob Pittman iHeartMedia has officially plunged into bankruptcy with more than $20 billion in unpaid debts. CEO Bob Pittman is getting a $10.3 million bonus. iHeartMedia, the nation’s la... Read More...

Still No Deal as iHeartMedia Bankruptcy Inches Closer

iHeartMedia Just Days Away from Bankruptcy as Rescue Negotiations Stall

Daniel Sanchez

March 13, 2018

iHeartMedia is desperately trying to save a sinking ship. But can it renegotiate more than $20 billion in debt — in the next few days? Update Mar. 15 AM: iHeartMedia has officially declared Chapter 11 bankr... Read More...

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