iHeartMedia Overview

  • Year Founded
  • 1972

Year Founded

  • Status
  • Public

  • Employees
  • 10,800

Employees

  • Stock Symbol
  • IHRT

Stock Symbol

  • Investments
  • 110

  • Share Price
  • $1.00
  • (As of Friday Closing)

iHeartMedia General Information

Description

iHeartMedia Inc is a United States-based diversified media and entertainment company. The company operates through the segments of the Multiplatform Group, the Digital Audio Group, and the Audio & Media Services Group. The company derives prime revenue from the Multiplatform Group segment which includes the company's Broadcast radio, Networks and Sponsorships, and Events businesses. The Digital Audio Group segment includes all of the company's digital businesses, including podcasting; and the Audio & Media Services Group includes Katz Media Group, a full-service media representation business, and RCS Sound Software, a provider of scheduling and broadcast software and services.

Contact Information

Formerly Known As
CC Media Holdings, Clear Channel Media and Entertainment, Clear Channel Radio, Clear Channel Communications, Bt Triple Crown Capital Holdings Iii, Inc.
Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Primary Industry
Broadcasting, Radio and Television
Other Industries
Movies, Music and Entertainment
Stock Exchange
NAS
Corporate Office
  • 20880 Stone Oak Parkway
  • San Antonio, TX 78258
  • United States
+1 (210) 000-0000

iHeartMedia Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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iHeartMedia Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$1.00 $1.01 $0.81 - $4.74 $149M 145M 1.22M -$6.02

iHeartMedia Financials Summary

In Thousands,
USD
TTM 31-Mar-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 5,972,723 6,246,855 6,912,274 8,783,288
Revenue 3,738,824 3,751,025 3,912,283 3,558,340
EBITDA (240,223) (344,419) 529,387 651,803
Net Income (898,908) (1,102,660) (264,663) (159,199)
Total Assets 6,758,312 6,952,611 8,335,887 8,881,309
Total Debt 6,039,932 6,051,802 6,333,109 6,566,267
Public Fundamental Data provided by Morningstar, Inc. disclaimer

iHeartMedia Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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iHeartMedia Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
iHeartMedia Inc is a United States-based diversified media and entertainment company. The company operates through the s
Broadcasting, Radio and Television
San Antonio, TX
10,800 As of 2023
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000000000000, 00000
New York, NY
0000 As of 0000
000.00
000000000 - 000.00
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iHeartMedia Competitors (1)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Sirius XM Radio Corporate Backed or Acquired New York, NY 0000 000.00 000000000 - 000.00
You’re viewing 1 of 1 competitors. Get the full list »

iHeartMedia Patents

iHeartMedia Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20240129573-A1 Incorporating user-recorded feedback into media broadcast Pending 12-Oct-2022 000000000
US-11757960-B1 Disaster recovery in media broadcast system Active 23-Feb-2022 0000000000 00
US-20230269285-A1 Disaster recovery in media broadcast system Active 23-Feb-2022 0000000000
US-20230269426-A1 Media broadcast content distribution system Active 23-Feb-2022 00000000000 0
US-20230370513-A1 Edge device disaster recovery mode Active 23-Feb-2022 H04L65/611 0
To view iHeartMedia’s complete patent history, request access »

iHeartMedia Executive Team (62)

Name Title Board Seat Contact Info
Robert Pittman Chairman and Chief Executive Officer
Gayle Troberman President of Marketing & Chief Marketing Officer
Brian Kaminsky Chief Data Officer and President of Revenue Strategies
Tom Poleman Chief Programming Officer & President, National Programming Group
Richard Bressler President, Chief Operating Officer, Chief Financial Officer, Chief Executive Officer of Multiplatform Group & Board member
You’re viewing 5 of 62 executive team members. Get the full list »

iHeartMedia Board Members (18)

Name Representing Role Since
0000000 00000000 0 Self Board Member 000 0000
000000 00000 Self Board Member 000 0000
00000000 000000000 iHeartMedia Board Member 000 0000
00000 000000 iHeartMedia Board Member 000 0000
00000000 000000000 iHeartMedia Board Member 000 0000
You’re viewing 5 of 18 board members. Get the full list »

iHeartMedia Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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iHeartMedia Investments & Acquisitions (110)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Vatom 15-Feb-2024 00000 0000 0000 Media and Information Services (B2B)
Equity Communications (Portfolio of Four Radio Stations in Atlantic City) 07-Aug-2023 000000000 Buildings and Property
Health-Ade 01-May-2023 000000000 Beverages 000000 00
Autio 29-Mar-2023 0000 00000 00.00 Entertainment Software
Gimme Radio 18-Oct-2022 Later Stage VC 000 Entertainment Software 000000 00
You’re viewing 5 of 110 investments and acquisitions. Get the full list »

iHeartMedia Subsidiaries (12)

Company Name Industry Location Founded
Voxnest Business/Productivity Software San Antonio, TX 2018
Unified (Media and Information Services (B2B)) Media and Information Services (B2B) New York, NY 0000
Triton Digital Media and Information Services (B2B) Los Angeles, CA 0000
Fondberg Beverages Oslo, Norway 0000
HowStuffWorks Information Services (B2C) Marina Del Rey, CA 0000
You’re viewing 5 of 12 subsidiaries. Get the full list »

iHeartMedia ESG

Risk Overview

Risk Rating

Updated October, 26, 2023

16.56 | Low Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.00

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 16,191

Rank

00.00

Percentile

Media

Industry

00 of 306

Rank

00.00

Percentile

Broadcasting

Subindustry

00 of 62

Rank

00.00

Percentile

To view iHeartMedia’s complete esg history, request access »

iHeartMedia Exits (16)

Company Name Exit Date Exit Type Exit Size Status Buyers
Gimme Radio 18-Oct-2022 00000 00000 00 000 Completed
  • 9 buyers
Gimme Radio 14-Dec-2021 0000 00000 00.000 Completed
  • 5 buyers
Sounder 02-Dec-2021 00000 00000 00 00.00 Completed
  • 12 buyers
VoiceByte 13-Dec-2017 00000 00000 00 Completed
  • 4 buyers
iBiquity Digital 27-Jul-2009 Later Stage VC 000.00 Completed
  • 12 buyers
You’re viewing 5 of 16 exits. Get the full list »

iHeartMedia FAQs

  • When was iHeartMedia founded?

    iHeartMedia was founded in 1972.

  • Who is the founder of iHeartMedia?

    Lowry Mays and B.J. McCombs are the founders of iHeartMedia.

  • Who is the CEO of iHeartMedia?

    Robert Pittman is the CEO of iHeartMedia.

  • Where is iHeartMedia headquartered?

    iHeartMedia is headquartered in San Antonio, TX.

  • What is the size of iHeartMedia?

    iHeartMedia has 10,800 total employees.

  • What industry is iHeartMedia in?

    iHeartMedia’s primary industry is Broadcasting, Radio and Television.

  • Is iHeartMedia a private or public company?

    iHeartMedia is a Public company.

  • What is iHeartMedia’s stock symbol?

    The ticker symbol for iHeartMedia is IHRT.

  • What is the current stock price of iHeartMedia?

    As of 21-Jun-2024 the stock price of iHeartMedia is $1.00.

  • What is the current market cap of iHeartMedia?

    The current market capitalization of iHeartMedia is $149M.

  • What is iHeartMedia’s current revenue?

    The trailing twelve month revenue for iHeartMedia is $3.74B.

  • Who are iHeartMedia’s competitors?

    Sirius XM Radio is a competitor of iHeartMedia.

  • What is iHeartMedia’s annual earnings per share (EPS)?

    iHeartMedia’s EPS for 12 months was -$6.02.

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