iHeartMedia (NASDAQ: IHRT) — Company Overview, News & Financial Data
iHeartMedia is a multimedia giant in audio entertainment, connecting audiences through radio, podcasts, and digital streaming.
iHeartMedia
iHeartMedia (NASDAQ:IHRT) is a multimedia giant deeply ingrained in the audio entertainment and media sectors, with a broad portfolio that includes radio broadcasting, digital streaming, podcasts, and live events. This multi-platform powerhouse operates a vast network of radio stations across the United States, alongside offering a rich selection of on-demand content and personalized music streaming services through its mobile applications and websites. iHeartMedia is dedicated to connecting listeners with their favorite music, personalities, and news, aiming to innovate and expand its digital presence to cater to the evolving media consumption habits of a global audience. By leveraging its strong content creation capabilities and expansive distribution network, iHeartMedia strives to be at the forefront of the audio entertainment industry, engaging millions of listeners every day.
Snapshot
Operations
Products and/or services of iHeartMedia
- iHeartRadio provides a free, digital radio service, featuring thousands of radio stations and seamlessly creating custom stations based on a user's music preferences.
- Podcasting is a major offering, with iHeartMedia hosting a vast array of popular and diverse podcasts across multiple genres.
- Live events, produced annually, like the iHeartRadio Music Festival and iHeartRadio Music Awards, draw widespread attention and feature top music artists.
- Advertising services, utilizing targeted ads across its radio and digital platforms, offer businesses unique ways to reach their audience.
- The company operates traditional AM/FM radio stations across the United States, providing local and national radio programming.
- iHeartMedia's streaming music services, including on-demand functionality, allow users to listen to music tracks and artist radio stations online.
iHeartMedia executive team
- Robert W. PittmanChairman & CEO
- Richard J. BresslerPresident, COO & Director
- Michael B. McGuinnessChief Financial Officer
- Andrey HartSenior Vice President of Investor Relations
- David A. HillmanExecutive VP, Chief Legal Officer & Secretary
- Wendy GoldbergExecutive VP & Chief Communications Officer
- Gayle TrobermanPresident of Marketing & Chief Marketing Officer
- Joseph C. RobinsonPresident of Corporate Development & Ventures
- Jeff HowardPresident of National Sales
- Ronny DonovanChief Human Resources Officer
Latest news about iHeartMedia
Key financials
Reported results for iHeartMedia , in USD.
- Market cap
- 272.4M
- Revenue (TTM)
- 4B
- P/E ratio
- —
- EPS (diluted, TTM)
- -1.8
- Dividend yield
- —
- Profit margin
- -7.2%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 3.9B | 193.3M | -472.9M | |
| 3.9B | -763.1M | -1B | |
| 3.8B | -797.3M | -1.1B | |
| 3.9B | 56.9M | -264.7M |