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iHeartMedia, Inc. (IHRT) Report Analysis

Corporate Events

Positive

iHeartMedia, Inc. Announces Preliminary Revenue...

2022-11-03 20:30:00

iHeartMedia, Inc. Announced preliminary revenue results for the month of October 2022. For the month, the company expected preliminary consoli...

Neutral

iHeartMedia, Inc. Provides Consolidated Revenue...

2022-11-03 20:05:00

iHeartMedia, Inc. provided revenue guidance for the fourth quarter of 2022. For the quarter, the company reported that Consolidated Revenue ex...

Negative

iHeartMedia, Inc. Announces Impairment Charges ...

2022-11-03 20:05:00

iHeartMedia, Inc. announced impairment charges for the three months September 30, 2022. For the quarter, the company reported Impairment charg...

Negative

iHeartMedia Promotes Jon Zellner to President o...

2022-10-27 00:00:00

iHeartMedia announced that Jon Zellner has been named President of Programming Operations and Digital Music for iHeartRadio, effective immedia...

Neutral

iHeartMedia, Inc. to Report Q3, 2022 Results on...

2022-10-24 20:30:00

iHeartMedia, Inc. announced that they will report Q3, 2022 results on Nov 03, 2022

Neutral

iHeartMedia, Inc., Q3 2022 Earnings Call, Nov 03, 2022

2022-10-24 20:30:00

iHeartMedia, Inc., Q3 2022 Earnings Call, Nov 03, 2022

Neutral

National Football League, Inc. and iHeartMedia ...

2022-10-18 15:00:00

The National Football League and iHeartMedia announced the NFL Podcast Network’s fall programming lineup. With the 2022 regular season underwa...

Positive

Iheartmedia, Inc. Podcasts Introduces “Positive...

2022-10-13 00:00:00

iHeartMedia, Inc. announced a new iHeartPodcast Original, “Positively Sex! with Lila”. Premiering October 13 and hosted by intimacy specialist...

Neutral

Pray.com Announces New Collaboration with iHear...

2022-09-29 13:30:00

Pray.com has announced a new collaboration with iHeartPodcasts, to bring innovative, and engaging Christian media programming to the world. Be...

Neutral

Neustar, Inc. Announces New Partnership with iH...

2022-09-23 12:30:00

Neustar, Inc. announced a new partnership with iHeartMedia to include broadcast radio in end-to-end marketing attribution. The solution expand...

Neutral

iHeartMedia, Inc. Presents at 6th Annual Wells ...

2022-09-22 08:45:00

iHeartMedia, Inc. Presents at 6th Annual Wells Fargo TMT Summit, Nov-30-2022 01:10 PM. Venue: the Cosmopolitan Hotel, Las Vegas, Nevada, Unite...

Negative

iHeartMedia, Inc. Appoints Michael Biondo to Pr...

2022-09-15 00:00:00

iHeartMedia announced that Michael Biondo has been elevated to President of Business Development and Strategic Partnerships, effective immedia...

Positive

iHeartMedia Expands Metaverse Footprint with th...

2022-09-14 14:45:00

iHeartMedia opened the gates to iHeartLand on Roblox, cementing itself as a go-to destination and pioneer in the rapidly-expanding metaverse. ...

Negative

iHeartMedia Elevates D.J. Hodge To Metro Presid...

2022-09-09 00:00:00

iHeartMedia announced that D.J. Hodge has been named Metro President for Cincinnati and Pittsburgh, effective immediately. D.J. Hodge most rec...

Negative

iHeartMedia Elevates Kris Foley To Metro Presid...

2022-09-09 00:00:00

iHeartMedia announced that Kris Foley has been named Metro President, effective immediately. Foley has served in several leadership roles at i...

Neutral

iHeartMedia and Warner Music Group’s New Podcas...

2022-09-08 13:00:00

iHeartMedia and Music Group, through its new podcast network, Interval Presents announced a multi-year deal. Through the partnership, the two ...

Neutral

iHeartMedia, Inc. Presents at Goldman Sachs Com...

2022-09-06 20:30:00

iHeartMedia, Inc. Presents at Goldman Sachs Communacopia + Technology Conference 2022, Sep-13-2022 10:45 AM. Venue: The Palace Hotel in San Fr...

Neutral

iHeartMedia, Inc. Presents at Bank of America M...

2022-08-30 20:30:00

iHeartMedia, Inc. Presents at Bank of America Media, Communications & Entertainment Conference 2022, Sep-08-2022 04:10 PM. Venue: Los Angeles,...

Positive

iHeartMedia Launches iHeartLand in Fortnite Whe...

2022-08-24 14:10:00

iHeartMedia debuted iHeartLand, a always-on entertainment space where music and gaming collide. Built using Fortnite’s Creative toolset, iHear...

Neutral

Bank of America Corporation, Bank of America Me...

2022-08-18 20:46:00

Bank of America Corporation, Bank of America Media, Communications & Entertainment Conference 2022, Sep 07, 2022. Venue: Los Angeles, United States.

Neutral

iHeartMedia, Inc. Provides Consolidated Earning...

2022-08-04 20:08:00

iHeartMedia, Inc. provided Consolidated earnings guidance for the month of July and third quarter. For the period, the company expects Consoli...

Neutral

iHeartMedia, Inc. to Report Q2, 2022 Results on...

2022-07-20 20:30:00

iHeartMedia, Inc. announced that they will report Q2, 2022 results on Aug 04, 2022

Neutral

iHeartMedia, Inc., Q2 2022 Earnings Call, Aug 04, 2022

2022-07-20 20:30:00

iHeartMedia, Inc., Q2 2022 Earnings Call, Aug 04, 2022

Neutral

Curiosity Inc. and iHeartMedia Partner to Launc...

2022-07-12 17:00:00

Curiosity Inc., has partnered with iHeartMedia to launch the Curiosity Audio Network, which will develop and release several podcast projects ...

Neutral

Swoop and iHeartMedia Bring Precision Healthcar...

2022-06-30 17:00:00

Swoop announced a strategic partnership with iHeartMedia that makes its custom patient audiences available for broadcast radio planning, activ...

Negative

iHeartMedia, Inc.(NasdaqGS:IHRT) dropped from R...

2022-06-24 00:00:00

iHeartMedia, Inc.(NasdaqGS:IHRT) dropped from Russell 2000 Growth Index

Negative

iHeartMedia, Inc.(NasdaqGS:IHRT) dropped from R...

2022-06-24 00:00:00

iHeartMedia, Inc.(NasdaqGS:IHRT) dropped from Russell Small Cap Comp Growth Index

Negative

iHeartMedia, Inc.(NasdaqGS:IHRT) dropped from R...

2022-06-24 00:00:00

iHeartMedia, Inc.(NasdaqGS:IHRT) dropped from Russell 3000 Growth Index

Negative

iHeartMedia, Inc.(NasdaqGS:IHRT) dropped from R...

2022-06-24 00:00:00

iHeartMedia, Inc.(NasdaqGS:IHRT) dropped from Russell 2500 Growth Index

Negative

iHeartMedia, Inc.(NasdaqGS:IHRT) dropped from R...

2022-06-24 00:00:00

iHeartMedia, Inc.(NasdaqGS:IHRT) dropped from Russell 3000E Growth Index

Positive

Martha Stewart and iHeartMedia Partner to Launc...

2022-06-15 17:16:00

iHeartMedia announced a new partnership with Martha Stewart to produce a new iHeartRadio Original Podcast. “The Martha Stewart Podcast” is a t...

Negative

iHeartMedia Announces Executive Changes

2022-06-10 00:00:00

iHeartMedia announced that Kim Guthrie has been named Division President for iHeartMedia Florida, replacing Linda Byrd who enters her retireme...

Neutral

iheartmedia West Palm Beach Announces the Debut...

2022-06-09 14:00:00

iHeartMedia West Palm Beach announced the debut of the new Sports Radio 1230 The Gambler, effective immediately. The new station will broadcas...

Positive

iHeartMedia and State Farm Collaborate on First...

2022-06-08 11:00:00

iHeartMedia and State Farm announced a partnership aimed at redefining entertainment experiences in the metaverse, beginning with Roblox. This...

Neutral

iHeartMedia, Inc. Presents at J.P. Morgan’s 50t...

2022-05-17 20:57:00

iHeartMedia, Inc. Presents at J.P. Morgan’s 50th Annual Global Technology, Media and Communications Conference 2022, May-24-2022 03:30 PM. Ven...

Neutral

PRISA Media and iHeartMedia, Inc. Enter an Agre...

2022-05-11 00:00:00

PRISA Media and iHeartMedia, Inc. have reached an agreement to integrate the streaming services of PRISA Media's spoken-word radio networks in...

Neutral

iHeartMedia, Inc. Provides Consolidated Earning...

2022-05-05 20:05:00

iHeartMedia, Inc. provided consolidated earnings guidance for the month of April and second quarter of 2022. For the month, the company’s reve...

Negative

iHeartMedia, Inc. Reports Impairment Charges fo...

2022-05-05 20:05:00

iHeartMedia, Inc. reported impairment charges for the first quarter ended March 31, 2022. For the quarter, the company reported impairment cha...

Neutral

Wells Fargo Securities, LLC, 6th Annual Wells F...

2022-05-03 08:52:00

Wells Fargo Securities, LLC, 6th Annual Wells Fargo TMT Summit, Nov 29, 2022 through Dec 01, 2022. Venue: the Cosmopolitan Hotel, Las Vegas, N...

Negative

iHeartMedia, Inc. Appoints Sarah Van Mosel as E...

2022-05-02 12:30:00

iHeartMedia, Inc. announced that it has named Sarah van Mosel as Executive Vice President of the iHeart Audience Network. As Executive Vice Pr...

Neutral

S&T Bancorp, Inc. Enters Partnership with iHear...

2022-04-26 14:09:00

S&T Bancorp, Inc. has announced a partnership with iHeartMedia Pittsburgh to become the first and exclusive regional presenting sponsor of the...

Neutral

iHeartMedia, Inc. to Report Q1, 2022 Results on...

2022-04-20 20:30:00

iHeartMedia, Inc. announced that they will report Q1, 2022 results on May 05, 2022

Neutral

iHeartMedia, Inc., Q1 2022 Earnings Call, May 05, 2022

2022-04-20 20:30:00

iHeartMedia, Inc., Q1 2022 Earnings Call, May 05, 2022

Negative

iHeartMedia, Inc. Announces Retirement of Linda...

2022-04-15 00:00:00

iHeartMedia, Inc. announced the retirement of media veteran Linda Byrd, Division President for iHeartMedia Florida. As a company leader for fo...

Positive

Super League Gaming and iHeartMedia, Inc. Join ...

2022-03-30 16:30:00

Super League Gaming and announced partnership that will leverage iHeartMedia’s massive North American sales force of 1,500 sellers in every ma...

Positive

iHeartMedia, Inc. Launches New Slate of Origina...

2022-03-30 00:00:00

iHeartMedia, Inc. announced a slate of original podcasts as part of its My Cultura Podcast Network launching in partnership with Eva Longoria....

Neutral

iHeartMedia, Inc., Annual General Meeting, May 10, 2022

2022-03-29 20:25:00

iHeartMedia, Inc., Annual General Meeting, May 10, 2022, at 10:00 US Eastern Standard Time. Agenda: To consider election of directors; to cons...

Neutral

iHeartMedia, Inc. - Shareholder/Analyst Call

2022-03-29 20:25:00

Annual Meeting of Stockholders

Neutral

The Goldman Sachs Group, Inc., Goldman Sachs Co...

2022-03-03 13:33:00

The Goldman Sachs Group, Inc., Goldman Sachs Communacopia + Technology Conference 2022, Sep 09, 2022 through Sep 15, 2022. Venue: The Palace H...

Negative

iHeartmedia, Inc. Announces Resignation of Gary...

2022-02-02 21:31:00

On February 2, 2022, Gary Barber resigned from the Board of Directors of iHeartMedia, Inc., effective February 8, 2022.

Positive

Gimme Radio, Inc. announced that it has receive...

2022-01-27 00:00:00

On January 27, 2022, Gimme Radio, Inc. closed the transaction. The company has amended the terms of the transaction. The company has received ...

Neutral

Interactive Advertising Bureau, Inc., Annual Le...

2022-01-20 17:01:00

Interactive Advertising Bureau, Inc., Annual Leadership Meeting, Feb 07, 2022 through Feb 10, 2022. Venue: New York City, New York, United States.

Neutral

iHeartMedia, Inc. Presents at Annual Leadership...

2022-01-20 17:01:00

iHeartMedia, Inc. Presents at Annual Leadership Meeting, Feb-07-2022 . Venue: New York City, New York, United States.

Neutral

JPMorgan Chase & Co., J.P. Morgan’s 50th Annual...

2021-12-21 09:47:00

JPMorgan Chase & Co., J.P. Morgan’s 50th Annual Global Technology, Media and Communications Conference 2022, May 23, 2022 through May 25, 2022...

Negative

iHeartMedia Names Don Martin Executive Vice Pre...

2021-12-15 00:00:00

iHeartMedia announced that Don Martin has been named Executive Vice President of Programming for iHeartMedia Sports, effective immediately. In...

Positive

Gimme Radio, Inc. announced a financing transaction

2021-12-14 00:00:00

Gimme Radio Inc. announced that it will receive $6,899,998 in funding on December 14, 2021. The company will issue convertible preferred share...

Neutral

iHeartMedia, Inc. Presents at Consumer Electron...

2021-12-08 07:13:00

iHeartMedia, Inc. Presents at Consumer Electronics Show 2022, Jan-05-2022 . Venue: Las Vegas Convention and World Trade Center (LVCC), Las Veg...

Positive

Bamfer Productions and iHeartMedia, Inc. Explor...

2021-12-06 00:00:00

Bamfer Productions and iHeartMedia, Inc. announced the upcoming launch of “Magmell,” a new iHeartRadio Original Podcast created by Jeff Heimbu...

Neutral

Imagine Entertainment Launches New Audio Divisi...

2021-12-06 00:00:00

Imagine Entertainment Chairman Brian Grazer and Ron Howard announced the launch of their new podcast division, Imagine Audio, fueled by an exc...

Negative

iHeartMedia Names John Ivey President Of CHR Co...

2021-12-01 00:00:00

iHeartMedia announced that John Ivey has been named President of CHR (Contemporary Hits Radio) Content Development and Strategy, effective imm...

Positive

iHeartMedia, Inc. Announces Preliminary Revenue Results for the Month of October 2022

2022-11-03 20:30:00

iHeartMedia, Inc. Announced preliminary revenue results for the month of October 2022. For the month, the company expected preliminary consolidated revenues were up approximately 8% year-over-year.

Neutral

iHeartMedia, Inc. Provides Consolidated Revenue Guidance for the Fourth Quarter of 2022

2022-11-03 20:05:00

iHeartMedia, Inc. provided revenue guidance for the fourth quarter of 2022. For the quarter, the company reported that Consolidated Revenue expected to increase by approximately 2%-6% Year-over-year.

Negative

iHeartMedia, Inc. Announces Impairment Charges for the Three Months September 30, 2022

2022-11-03 20:05:00

iHeartMedia, Inc. announced impairment charges for the three months September 30, 2022. For the quarter, the company reported Impairment charges of $309,750,000 against $11,647,000 a year ago.

Negative

iHeartMedia Promotes Jon Zellner to President of Programming Operations and Digital Music

2022-10-27 00:00:00

iHeartMedia announced that Jon Zellner has been named President of Programming Operations and Digital Music for iHeartRadio, effective immediately. Zellner will report to Tom Poleman, Chief Programming Officer for iHeartMedia. In his new role, Zellner will manage the programming, content and strategy for iHeartRadio’s digital channels and playlists while continuing to oversee iHeartMedia’s programming operations, ensuring that iHeart’s 850 local radio station brands in 150 markets are best utilizing the company’s unparalleled national resources. In addition to running programming and strategy for the iHeartMedia Custom and Format Center stations, Zellner will continue to lead iHeart’s Commercial Production Center, the National Imaging Center, the Audio Distribution Center, on-air partner and client integration and the Technical and Broadcast Operations teams to expand programming technology and provide key support to iHeartMedia’s national team of programmers at market-leading radio brands that serve more than a quarter of a billion listeners every month in the U.S. Over the past 35 years, Zellner has worked with over 100 markets across the country specializing in ratings and revenue growth through brand development, strategic and financial planning and the coaching and mentoring of talent.

Neutral

iHeartMedia, Inc. to Report Q3, 2022 Results on Nov 03, 2022

2022-10-24 20:30:00

iHeartMedia, Inc. announced that they will report Q3, 2022 results on Nov 03, 2022

Neutral

iHeartMedia, Inc., Q3 2022 Earnings Call, Nov 03, 2022

2022-10-24 20:30:00

iHeartMedia, Inc., Q3 2022 Earnings Call, Nov 03, 2022

Neutral

National Football League, Inc. and iHeartMedia Announce Podcast Partnership’s Exciting Fall Lineup

2022-10-18 15:00:00

The National Football League and iHeartMedia announced the NFL Podcast Network’s fall programming lineup. With the 2022 regular season underway, the NFL and iHeartMedia continue a successful partnership to bring more of the NFL to fans everywhere. This season, the network also brings listeners highlights from its franchise NFL programming via podcasts hosted by some of the biggest names in the NFL. To celebrate the regular season kickoff last month, the NFL and iHeartMedia launched a series of new shows aimed at giving listeners more coverage than ever including “NFL Now,” where Andrew Siciliano breaks down the latest news from the league’s top reporters; “NFL Total Access,” a nightly show giving fans more access than ever to their favorite NFL teams; and “NFL GameDay View,” with hosts Rachel Bonnetta, Cynthia Frelund, Gregg Rosenthal and Patrick Claybon providing analysis and predictions for each week’s slate of games. Additionally, “NFL Power Rankings” with Dan Hanzus and Colleen Wolfe gives an in-depth look at weekly rankings of all 32 teams. This month, the NFL Podcast Network will launch even more new programming for fans with exciting shows from top talents; and later this year NFL greats Emmanuel Sanders and Nate Burleson will also debut their own podcasts on the network. New October podcasts include: “The Season with Peter Schrager” - a new weekly podcast hosted by one of the most connected analysts in the game. Peter Schrager of NFL Network and Fox Sports will invite listeners to the table where the big NFL conversations are happening. He will be joined by a deep guest list of decision makers, power brokers, NFL movers and shakers, as well as celebrities. “The Season with Peter Schrager” debuted with New York Jets head coach Robert Saleh as the first guest and is available now with new episodes every Tuesday. Listen now. “El Huddle” - a weekly football preview show hosted by Will Selva (Good Morning Football) and MJ Acosta-Ruiz (NFL Total Access). “El Huddle” is the first English-language NFL Podcast series with a splash of Spanish by and for the Latino fan base that celebrates and recognizes the Latino influence in the NFL. The new show covers pop culture and the most relevant league stories from Latino voices and perspectives across the NFL. Fans can listen to “El Huddle” now and will hear new episodes every Thursday. First episode features Pro Football Hall of Fame tight end Tony Gonzalez. “NFL Players: Second Acts” - former All-Pro Charles “Peanut” Tillman and former Pro-Bowler Roman Harper break bread with NFL legends to share how they’ve taken the passion, drive and dedication that made them stars on the gridiron to achieve success in their post-playing careers. But it’s not just about the destination, Roman and “Peanut” aim to engage in some real talk with legends about their transitions from the game to finding their passion pursuits in other areas of life – and they manage to have some fun along the way. The first episodes premiere October 20.

Positive

Iheartmedia, Inc. Podcasts Introduces “Positively Sex! with Lila,” A New Series That Celebrates Intimacy and Pleasure

2022-10-13 00:00:00

iHeartMedia, Inc. announced a new iHeartPodcast Original, “Positively Sex! with Lila”. Premiering October 13 and hosted by intimacy specialist Lila Donnolo, the weekly 46-episode series will explore intimacy of all kinds through a sex-positive talk show on timely, titillating, tender and taboo topics. Listeners can hear the official trailer now. Founding member of New York’s premiere sex-positive intentional community, Hacienda Villa, and winner of Clubhouse’s Creator First Program, Lila will keep listeners coming back for more with a multitude of episode formats including editorialized segments, “on-the-street” style interviews, intimate one-on-one conversations, kiss-and-tell storytelling, talk show-esque roundtables, and more. “Positively Sex! with Lila” is designed for the curious and will cover sex, relationship, and intimacy topics listeners want to know about but don’t usually talk about. Lila will take audiences on a new journey every week by discussing fantasies and desires, pleasures and fetishes, relationships and casual sex, alongside practical, actionable techniques that listeners can apply immediately to enjoy a more pleasurable life.

Neutral

Pray.com Announces New Collaboration with iHeartPodcasts

2022-09-29 13:30:00

Pray.com has announced a new collaboration with iHeartPodcasts, to bring innovative, and engaging Christian media programming to the world. Beginning immediately, Pray.com audio content will be distributed by the iHeartPodcast Network and available everywhere podcasts are heard. iHeartPodcasts and Pray.com's first show launch will be "Bible in a Year with Jack Graham," a daily series that will help listeners experience the Bible in a new way, using original background music with a full 61-piece orchestra to provide a cinematic journey through a specific story in the Bible. The collaboration will bring more faith-based podcasts throughout the year. The iHeartPodcast Network is part of iHeartMedia and is home to more than 750 original podcasts that span every category from business, sports, spirituality and technology to entertainment, family, comedy and true crime — and everything in between — making iHeartPodcasts the publisher of podcast content in the world with more than 450 million downloads each month.

Neutral

Neustar, Inc. Announces New Partnership with iHeartMedia

2022-09-23 12:30:00

Neustar, Inc. announced a new partnership with iHeartMedia to include broadcast radio in end-to-end marketing attribution. The solution expands the Neustar Unified Measurement Solution, which spans Marketing Mix Modeling (MMM) and Marketing Attribution solution to include the iHeart broadcast radio universe. Neustar is the first attribution service to unify the measurement of radio, which reaches over 90% of Americans a month, withall other channels into one platform. This innovation provides critical insights into the incremental contribution the massive reach of broadcast radio has on consumer purchase behavior. The inclusion of radio in Neustar’s measurement solution is the only solution to seamlessly integrate iHeart’s radio engagement data with Neustar’s customer-level marketing attribution models. Neustar marketing attribution solutions leverage more comprehensive identity and machine learning capabilities available, which power advanced identity resolution and marketing analytics for 70% of Fortune 100 brands. The partnership, first announced at iHeartMedia’s AudioCon 2022 conference, provides a more complete picture of the important role that broadcast radio plays in today’s multi-channel advertising world. With these tools, advertisers can now better understand consumers' behavior, inclusive of broadcast radio, to measure and optimize their marketing investments holistically across channels.

Neutral

iHeartMedia, Inc. Presents at 6th Annual Wells Fargo TMT Summit, Nov-30-2022 01:10 PM

2022-09-22 08:45:00

iHeartMedia, Inc. Presents at 6th Annual Wells Fargo TMT Summit, Nov-30-2022 01:10 PM. Venue: the Cosmopolitan Hotel, Las Vegas, Nevada, United States. Speakers: Bob Pittman, Chairman and Chief Executive Officer, Richard J. Bressler, President, COO, CFO & Director.

Negative

iHeartMedia, Inc. Appoints Michael Biondo to President of Business Development and Strategic Partnerships

2022-09-15 00:00:00

iHeartMedia announced that Michael Biondo has been elevated to President of Business Development and Strategic Partnerships, effective immediately. He previously served as Executive Vice President, Strategic Business Operations of the iHeartMedia Networks Group and has been with iHeartMedia for almost 12 years. As President of Business Development and Strategic Partnerships, Biondo will oversee the evolution of iHeartMedia’s partnerships and deals with key companies across iHeartMedia’s field of view – from tech startups to established automotive companies, from the entertainment industry to international distribution. He reports to Conal Byrne, CEO of the iHeartMedia Digital Group. Biondo has 25 years of experience building operational and development teams throughout his career. At iHeartMedia, Biondo has been instrumental in building international partnerships, leading expansions in Canada, Mexico, Australia, New Zealand, Italy and France. He also brokered iHeartMedia’s early podcast deals, including the first BetCast with the English Premiere League and a partnership with the NBA, to name a few. Biondo’s previous stints include ESPN, AT&T and, most notably, Thumbplay, where he served as VP of Customer Operations when the company was acquired by iHeartMedia in 2011. Biondo has gone on to run a number of varied divisions at iHeartRadio and most recently served as EVP, Strategic Business Operations within iHeart’s Venture and Corp. Dev team.

Positive

iHeartMedia Expands Metaverse Footprint with the Launch of iHeartLand on Roblox, Where Everyone Can Be a Music Tycoon

2022-09-14 14:45:00

iHeartMedia opened the gates to iHeartLand on Roblox, cementing itself as a go-to destination and pioneer in the rapidly-expanding metaverse. iHeartLand is a one-of-a-kind place where gaming, live events, never-ending entertainment, music and the most popular talent converge to offer fans a premiere interactive experience. Users on Roblox will become music tycoons by collecting sound energy throughout iHeartLand to power their own customized music studio as well as unlock upgrades, fan experiences and rewards. Users can also visit different branded spaces like the State Farm Neighborhood featuring Jake from State Farm and Intel House of Wonder to engage with other avatars, play games and more. To celebrate its launch on Roblox, iHeartLand’s State Farm Park will host a video performance from multi-platinum singer, songwriter, producer and multi-instrumentalistLauv on September 16 at 7 p.m. ET. Lauv will perform songs from his new album “All 4 Nothing,” and fans can walk the red carpet and take selfies with his NPC (non-player character). The kickoff concert will be followed by an album release party with Charlie Puth on October 7, where new music will be performed for the first time in celebration of his upcoming album CHARLIE. State Farm Park, the epicenter of iHeartLand, will host a total of 20 can’t-miss events in the next year. In addition to Lauv and Charlie Puth, “The Trap Nerds” will also join the lineup for a special podcast event later this year. In addition to the large-scale venue events throughout the year, iHeartLand will be an always-on destination for users to become music tycoons. Upon arriving to iHeartLand, each user will be given a simple music studio to personalize. From there, users will build their way towards a music empire by harnessing the power of audio and must search the streets of iHeartLand to collect sound energy to deposit back at their studio. The sound energy powers the studio while generating listeners and iHeartBucks, which are used in-experience to upgrade their studio with cool equipment, playlist programming, studio pets and more. Users will be encouraged to explore other player studios to check out their customizations and music while collecting more sound energy, keeping them entertained and engaged. Built to feel like the ultimate block party, iHeartLand brings together the best of Roblox and fan events to give users a one-of-a-kind experience. More exciting new features in iHeartLand on Roblox, including how to power up the experience, include: State Farm Neighborhood: With the launch of Jake from State Farm on Roblox, State Farm Neighborhood will amplify the iHeartLand experience with Jake’s daily quest board. Located next to State Farm Park and accessible through a pedestrian bridge, State Farm Neighborhood resembles the look and feel of a street festival with interactive features such as a Ferris wheel, food trucks and access to a special sky-top viewing platform with unobstructed aerial views of the State Farm Park main stage where today’s biggest artists like Lauv and Charlie Puth will perform. Users can complete Jake’s daily quests and play mini games to win iHeartBucks which can be used in State Farm Neighborhood to purchase unique verch (virtual merchandise) and gear for their avatar, including an outfit resembling Jake’s iconic khakis and red polo. Intel®House of Wonder: Intel® will bring a fantastical element to iHeartLand through the House of Wonder installation that encourages users to see the wonder in the world around them. At the House of Wonder, users will enter a surreal waterfront setting that stands out in iHeartLand as a can’t-miss destination where they can power up their experience by using their iHeartBucks. The eye-catching location features dolphins in the courtyard and an Intel “Bong” button that plays the brand’s iconic jingle, too. The House of Wonder will be crucial to the experience since it’s the only way users can exchange their iHeartBucks for in-game Intel® Core™ processors, which will allow them to level up quicker as they explore iHeartLand by collecting and depositing sound energy into their music studios at faster speeds. The installation will also be the go-to destination for players to collect Wonderful emotes that enhance their concert experience with fun features like the ability to shoot rainbows and confetti during unforgettable moments.

Negative

iHeartMedia Elevates D.J. Hodge To Metro President for The Cincinnati and Pittsburgh Markets

2022-09-09 00:00:00

iHeartMedia announced that D.J. Hodge has been named Metro President for Cincinnati and Pittsburgh, effective immediately. D.J. Hodge most recently served as Market President for iHeartMedia Cincinnati. In addition, he also previously served as the Senior Vice President of Sales for iHeartMedia and is a graduate of Western Kentucky University and Ohio University.

Negative

iHeartMedia Elevates Kris Foley To Metro President Across the Cleveland and Columbus Markets

2022-09-09 00:00:00

iHeartMedia announced that Kris Foley has been named Metro President, effective immediately. Foley has served in several leadership roles at iHeartMedia, including VP of Business Development of the Multi-Markets Partnership team and Senior VP of Sales for iHeartMedia Cleveland. Foley is a graduate of Ohio University. iHeartMedia Elevates Kris Foley To Metro President Across the Cleveland and Columbus Markets.

Neutral

iHeartMedia and Warner Music Group’s New Podcast Network, Announce Multi-Faceted Partnership

2022-09-08 13:00:00

iHeartMedia and Music Group, through its new podcast network, Interval Presents announced a multi-year deal. Through the partnership, the two companies will co-produce a slate of shows that range from ongoing weekly podcasts to limited-run series, beginning this fall. As part of the collaboration, Interval Presents will distribute its podcasts through the iHeartPodcast Network widely to all podcast consumption platforms.

Neutral

iHeartMedia, Inc. Presents at Goldman Sachs Communacopia + Technology Conference 2022, Sep-13-2022 10:45 AM

2022-09-06 20:30:00

iHeartMedia, Inc. Presents at Goldman Sachs Communacopia + Technology Conference 2022, Sep-13-2022 10:45 AM. Venue: The Palace Hotel in San Francisco, 2 New Montgomery Street, San Francisco, California, United States. Speakers: Richard J. Bressler, President, COO, CFO & Director, Robert W. Pittman, Chairman & CEO.

Neutral

iHeartMedia, Inc. Presents at Bank of America Media, Communications & Entertainment Conference 2022, Sep-08-2022 04:10 PM

2022-08-30 20:30:00

iHeartMedia, Inc. Presents at Bank of America Media, Communications & Entertainment Conference 2022, Sep-08-2022 04:10 PM. Venue: Los Angeles, United States. Speakers: Bob Pittman, Richard J. Bressler, President, COO, CFO & Director.

Positive

iHeartMedia Launches iHeartLand in Fortnite Where Concerts, Podcasts and Gaming Collide in the Metaverse

2022-08-24 14:10:00

iHeartMedia debuted iHeartLand, a always-on entertainment space where music and gaming collide. Built using Fortnite’s Creative toolset, iHeartLand combines compelling gameplay with a persistent cadence of entertaining events, programming and one-of-a-kind fan experiences. Fans can check out iHeartLand and the all-new State Farm Park now in Fortnite with more metaverse integrations coming soon. iHeartLand is the first metaverse destination dedicated to bringing fans closer to present biggest stars through gameplay. The launch will kick off with a special two-part performance by GRAMMY-nominated singer, songwriter and producer, Charlie Puth–the superstar’s first concert in the metaverse–on September 9 at 7 p.m. ET inside Fortnite at iHeartLand’s State Farm Park. This event will be followed by an album release party with new music performed for the first time in celebration of his upcoming album CHARLIE to be released on October 7. In addition to sharing information and new music from his upcoming album, Puth will be hosting an interactive game designed to test fan knowledge leading up to his big shows inside iHeartLand. This first-of-its-kind entertainment venue is an important evolution of fan experiences, combining major concerts, album releases, hit podcast events and interactive gaming in new ways. Over the next year, State Farm Park in iHeartLand will host 20 major events across the music and podcasting space including unique artist-fan experiences that can be unlocked through gameplay. In true Fortnite fashion, iHeartLand will be dynamic, developing a story of its own; undergoing periodic changes and refreshes; and periodically introducing new minigames. Current island elements include: State Farm Park: This first-of-its-kind “outdoor” venue brought to iHeartLand by State Farm® is located at the center of the island where users spawn into the game. It features a massive screen attached to the main stage where users will enjoy concerts, shows and programming from the biggest artists today. Additionally, there will be a red-carpet area where players can snap selfies as well as a countdown clock for players to keep track of the next big event. The area will also feature a lawn sprawled with food and tents where players can use gold (an earnable currency specific to iHeartLand) for items including a fireworks flare cannon and Boogie Bomb emote, which will make other users dance when hit with one. Minigames: Players will enjoy a variety of competitive, fun and engaging minigames that will reward users with gold. The games will also provide an opportunity for users to unlock special experiences like gameplay competitions with artists themselves. Games include: Cranking 90s – a building game where users compete to be the first to the top. Speed of Sound – a high speed race car game where players compete on a heart shaped racetrack to be the first to cross the finish line. Color Switch: Mic Drop– players must jump to-and-from vibrant colored tiles to make sure they are standing on the color that’s called as they compete to be the last one standing at the end of the game. Leap of Faith – an obstacle game set in the clouds where players must be the faster to complete a course that includes long jumps, climbing walls and falling floors. iHeart Headquarters: Players can head inside the iHeart building to view a small-scale overhead map of the island to find their way throughout iHeartLand, a broadcast recording studio and iHeart’s famed radio Tuning Tunnel found in its actual New York City headquarters. iHeartLand was developed by Atlas Creative, an game developer specializing in Fortnite Island development. Click here to view the trailer of the new iHeartLand in Fortnite. Additional State Farm Park performances and events will be announced soon. This is an independently created experience in Fortnite and is not sponsored, endorsed or administered by Epic Games, Inc.

Neutral

Bank of America Corporation, Bank of America Media, Communications & Entertainment Conference 2022, Sep 07, 2022

2022-08-18 20:46:00

Bank of America Corporation, Bank of America Media, Communications & Entertainment Conference 2022, Sep 07, 2022. Venue: Los Angeles, United States.

Neutral

iHeartMedia, Inc. Provides Consolidated Earnings Guidance for the Month of July and Third Quarter

2022-08-04 20:08:00

iHeartMedia, Inc. provided Consolidated earnings guidance for the month of July and third quarter. For the period, the company expects Consolidated Revenue up approximately 4% YoY.For the third quarter, the company expected to increase by approximately 3%-7% YoY.

Neutral

iHeartMedia, Inc. to Report Q2, 2022 Results on Aug 04, 2022

2022-07-20 20:30:00

iHeartMedia, Inc. announced that they will report Q2, 2022 results on Aug 04, 2022

Neutral

iHeartMedia, Inc., Q2 2022 Earnings Call, Aug 04, 2022

2022-07-20 20:30:00

iHeartMedia, Inc., Q2 2022 Earnings Call, Aug 04, 2022

Neutral

Curiosity Inc. and iHeartMedia Partner to Launch Curiosity Audio Network

2022-07-12 17:00:00

Curiosity Inc., has partnered with iHeartMedia to launch the Curiosity Audio Network, which will develop and release several podcast projects throughout the year. Curiosity’s first foray into podcasting, the Curiosity Audio Network will feature original content as well as podcasts to complement programming from Curiosity’s library of documentary films, shows and series. Live now on the Curiosity Audio Network is the One Day University podcast series, showcasing fascinating lectures delivered by the most beloved professors from some of the world's top colleges and universities, with episode topics ranging from Eight Books that Changed the World to Abraham Lincoln: Fact vs. Fiction. Later this year, Curiosity will premiere its first original podcast co-produced with iHeartMedia, mixing pop culture, history and true crime, with an expanded look into the mystery surrounding the life and death of the “Cold War Cowboy” Dean Reed. It’s a follow-on to the Curiosity Original feature documentary Red Elvis, available exclusively on Curiosity Stream. Also upcoming is the Untold History of Sports in America, which dives deep into the role sports have played in shaping the American psyche. Curiosity’s video services, including flagship subscription video on demand platform, Curiosity Stream, and its linear video programming network, Curiosity Channel, have approximately 24 million paying subscribers globally, making it the favored destination for factual television and documentary film audiences around the world. As part of the collaboration, all shows will be distributed by the iHeartPodcast Network which is home to more than 750 original podcasts with over 440 million downloads each month. iHeartRadio Original Podcasts span every category from business, sports, spirituality and technology to entertainment, family, cooking and true crime—and everything in between—making iHeartRadio the largest publisher of podcast content in the world. Listeners can hear all Curiosity Audio Network shows on iHeartRadio and anywhere podcasts are found.

Neutral

Swoop and iHeartMedia Bring Precision Healthcare Audiences to Broadcast Radio

2022-06-30 17:00:00

Swoop announced a strategic partnership with iHeartMedia that makes its custom patient audiences available for broadcast radio planning, activation and measurement. Pharmaceutical and life sciences companies can now leverage the same brand-exclusive Swoop segments they already use for digital activation to better inform media planning across iHeartMedia’s ad-enabled broadcast radio portfolio, which reaches nine out of 10 Americans monthly, driving greater engagement and conversion, and ultimately increasing Rx lift. As one of iHeartMedia’s preferred healthcare data providers, Swoop enables healthcare marketers to move from legacy age and gender buying to data-driven broadcast radio activation in an ad-enabled portfolio that reaches more than 275 million individuals per month, representing 90%a of the U.S. adult population. By applying privacy-safe machine learning and artificial intelligence to a real world data universe of more than 300 million de-identified patient journeys and 65 billion anonymous social determinants of health signals, Swoop develops audiences specifically designed for a brand’s unique objectives and a treatment’s core therapeutic advantages. With the industry’s audience quality (AQ), Swoop patient segments can be used to more effectively plan radio media strategy, optimizing channel performance and outcomes.

Negative

iHeartMedia, Inc.(NasdaqGS:IHRT) dropped from Russell 2000 Growth Index

2022-06-24 00:00:00

iHeartMedia, Inc.(NasdaqGS:IHRT) dropped from Russell 2000 Growth Index

Negative

iHeartMedia, Inc.(NasdaqGS:IHRT) dropped from Russell Small Cap Comp Growth Index

2022-06-24 00:00:00

iHeartMedia, Inc.(NasdaqGS:IHRT) dropped from Russell Small Cap Comp Growth Index

Negative

iHeartMedia, Inc.(NasdaqGS:IHRT) dropped from Russell 3000 Growth Index

2022-06-24 00:00:00

iHeartMedia, Inc.(NasdaqGS:IHRT) dropped from Russell 3000 Growth Index

Negative

iHeartMedia, Inc.(NasdaqGS:IHRT) dropped from Russell 2500 Growth Index

2022-06-24 00:00:00

iHeartMedia, Inc.(NasdaqGS:IHRT) dropped from Russell 2500 Growth Index

Negative

iHeartMedia, Inc.(NasdaqGS:IHRT) dropped from Russell 3000E Growth Index

2022-06-24 00:00:00

iHeartMedia, Inc.(NasdaqGS:IHRT) dropped from Russell 3000E Growth Index

Positive

Martha Stewart and iHeartMedia Partner to Launch New iHeartRadio Original Podcast

2022-06-15 17:16:00

iHeartMedia announced a new partnership with Martha Stewart to produce a new iHeartRadio Original Podcast. “The Martha Stewart Podcast” is a talk show style series that will feature intimate, in-depth, probing interviews with some of the most fascinating people in the world - all who are at the top of their respective fields. The first episode is set to debut on June 22. Martha has done it all: TV, magazines, the web, radio and more, but fans have never heard Martha Stewart quite like this. On her new podcast, Martha will sit down with influential people she has met along her successful and storied career, discussing their paths to the top and the lessons they have learned along the way. The first episode will feature friend and business partner Snoop Dogg for a conversation that can’t be missed. Additional guests will include Kris Jenner, Alex Rodriguez, Martha’s “besties” and creative collaborators Kevin Sharkey and Douglas Friedman, international plant explorer Dan Hinkley and more. Listeners will also get a glimpse into Martha’s daily life through never-before-heard audio diary segments. From both her home and on the road, Martha will share an intimate peek into her thoughts, her business and each week’s guest.

Negative

iHeartMedia Announces Executive Changes

2022-06-10 00:00:00

iHeartMedia announced that Kim Guthrie has been named Division President for iHeartMedia Florida, replacing Linda Byrd who enters her retirement effective July 15th. As the Florida Division President for the iHeartMedia Markets Group, Guthrie will oversee the operations of the Florida Division for iHeartMedia. She will report directly to Hartley Adkins, President of iHeartMedia Markets Group. Guthrie comes to iHeart with over three decades of experience in the industry. She most recently served as President/Chief Executive Officer of Cox Media Group, a role she ascended to in late 2016. She was instrumental in the evolution and growth of CMG since she first joined the company in 1998 as VP/General Manager for its Long Island, NY radio station group before working her way up through the ranks. Before ascending to CEO, Guthrie further expanded her skills by serving as Executive Vice President of CMG's National Ad Platforms, where she oversaw the country's biggest television rep firm. As CEO of CMG, she had complete oversight of the company, including nearly 100 broadcast TV and radio stations, dozens of digital assets andnewspapers. She started her career in the midwest, where she worked as a television news reporter and anchor for several ABC affiliates.

Neutral

iheartmedia West Palm Beach Announces the Debut of the New Sports Radio 1230 the Gambler

2022-06-09 14:00:00

iHeartMedia West Palm Beach announced the debut of the new Sports Radio 1230 The Gambler, effective immediately. The new station will broadcast real-time sports betting news and analysis covering every major sport from VSiN, The Sports Betting Network. VSiN content currently airs on more than 140 terrestrial radio stations in 31states nationwide. New Sports Radio 1230 The Gambler will air 22 hours of live VSiN programming daily, which provides unique coverage of daily sports betting markets. This VSiN content will air on The Gambler outside of live sporting events, including Miami Marlins baseball games and University of Florida football and basketball matchups. Additionally, The Gambler will feature “The Greek Zone” live from South Florida, weekday afternoons from 3 to 5 p.m. VSiN delivers real-time sports betting content to its audience, comprised of both sharp bettors and those brand new to sports betting action, setting the stage for the day’s biggest sports betting events and sharing expert tips and predictions across college and pro football, college and pro basketball, hockey, baseball, golf, tennis and more. VSiN offers bettors unique analysis and insights from one of the industry’s most knowledgeable teams, including morning talk personalities Mitch Moss and Pauly Howard, sports betting analytics expert Gill Alexander, former pro football executive Michael Lombardi, former NFL players Shaun King and Mike Pritchard, and sportscasting legend Brent Musburger.

Positive

iHeartMedia and State Farm Collaborate on First-Ever Exclusive Arena Naming Rights in the Metaverse with iHeartLand

2022-06-08 11:00:00

iHeartMedia and State Farm announced a partnership aimed at redefining entertainment experiences in the metaverse, beginning with Roblox. This summer, State Farm is celebrating its 100th anniversary by stepping into the metaverse in collaboration with iHeartMedia to create the future of live experiences, combining major album releases, some of the biggest hit podcasts and interactive gaming in exciting new ways for fans. iHeartLand will be the premier destination in the metaverse for fans to interact with artists and creators while learning how to build their own music empire through competition, collaboration and connection with the biggest names in music, podcasting and entertainment. To celebrate its launch, the new arena will kick off a steady drumbeat of events where fans can expect performances, new music drops, interactive podcasts, exclusive collectible merch and special access to VIP experiences curated exclusively for metaverse players. Additional details about iHeartLand and the performance and event lineup will be announced closer to launch.

Neutral

iHeartMedia, Inc. Presents at J.P. Morgan’s 50th Annual Global Technology, Media and Communications Conference 2022, May-24-2022 03:30 PM

2022-05-17 20:57:00

iHeartMedia, Inc. Presents at J.P. Morgan’s 50th Annual Global Technology, Media and Communications Conference 2022, May-24-2022 03:30 PM. Venue: Westin Boston Seaport District, Boston, Massachusetts, United States. Speakers: Richard J. Bressler, President, COO, CFO & Director, Robert W. Pittman, Chairman & CEO.

Neutral

PRISA Media and iHeartMedia, Inc. Enter an Agreement to Integrate the Streaming Services of PRISA Media's Spoken-Word Radio Networks into the iHeartRadio Catalog

2022-05-11 00:00:00

PRISA Media and iHeartMedia, Inc. have reached an agreement to integrate the streaming services of PRISA Media's spoken-word radio networks into the iHeartRadio catalog. With iHeartMedia's more than a quarter of a billion monthly listeners through its broadcast radio stations across the country and its more than 3 billion downloads, 159 million registered users on the iHeartRadio app, this partnership will help PRISA Media build massive awareness in the U.S., further validating it position as the leading media group in the Spanish-speaking world. PRISA Media's programming will be available to listeners via iHeartRadio on June, with a second phase of this partnership to include PRISA Media's podcasts joining the iHeartPodcast Network.

Neutral

iHeartMedia, Inc. Provides Consolidated Earnings Guidance for the Month of April and Second Quarter of 2022

2022-05-05 20:05:00

iHeartMedia, Inc. provided consolidated earnings guidance for the month of April and second quarter of 2022. For the month, the company’s revenue up approximately 8% year on year.For the second quarter, the company’s revenue expected to increase by approximately 10% to 14% year on year.

Negative

iHeartMedia, Inc. Reports Impairment Charges for the First Quarter Ended March 31, 2022

2022-05-05 20:05:00

iHeartMedia, Inc. reported impairment charges for the first quarter ended March 31, 2022. For the quarter, the company reported impairment charges of $1,334,000 compared to $37,744,000 a year ago.

Neutral

Wells Fargo Securities, LLC, 6th Annual Wells Fargo TMT Summit, Nov 29, 2022 through Dec 01, 2022

2022-05-03 08:52:00

Wells Fargo Securities, LLC, 6th Annual Wells Fargo TMT Summit, Nov 29, 2022 through Dec 01, 2022. Venue: the Cosmopolitan Hotel, Las Vegas, Nevada, United States.

Negative

iHeartMedia, Inc. Appoints Sarah Van Mosel as Executive Vice President of the iHeart Audience Network

2022-05-02 12:30:00

iHeartMedia, Inc. announced that it has named Sarah van Mosel as Executive Vice President of the iHeart Audience Network. As Executive Vice President for the iHeart Audience Network, van Mosel will additionally assist with iAN sales operations, publisher development and podcast slate partnerships for iHeartPodcasts, the No. 1 podcast publisher globally according to Podtrac. With her experience as a force in the podcasting business, van Mosel will work closely with Carter Brokaw, President of Digital Revenue Strategy to bolster iHeart’s continued growth in the space. She will report to Conal Byrne, Chief Executive Officer of the iHeartMedia Digital Audio Group. A long-time champion of the industry and creator community, van Mosel most recently served as the Chief Revenue Officer at Stitcher.

Neutral

S&T Bancorp, Inc. Enters Partnership with iHeartMedia Pittsburgh

2022-04-26 14:09:00

S&T Bancorp, Inc. has announced a partnership with iHeartMedia Pittsburgh to become the first and exclusive regional presenting sponsor of the NFL Podcast Network, including all Pittsburgh NFL podcasts. iHeartMedia Pittsburgh and The NFL Podcast Network offer a powerful network and mass audience market reach for listenership. With podcast growth across every audience, iHeartRadio is the #1 podcast publisher globally in ranking according to Podtrac. In addition to furthering the bank's commitment to Pittsburgh, the surrounding region, and its markets across eastern Pennsylvania, Ohio, and New York, the partnership also offers the opportunity for the bank to sponsor iHeartMedia's CEO's one Should Know program that airs monthly on 102.5 WDVE, 3WS Radio, WKST, BIG 104.7, and 105.9 The X. Additionally, S&T will participate quarterly in iHeartMedia Pittsburgh's Heart of Pittsburgh Saturday morning program, that airs on 3WS Radio to share the bank's commitment to ongoing corporate social responsibility initiatives including philanthropic and community efforts. Listeners can tune in on the iHeartRadio app, iHeartMedia online and other major streaming audio apps. Additional broadcast and gameday coverage is available on the Steelers Radio Network, including 102.5 WDVE and ESPN Pittsburgh.

Neutral

iHeartMedia, Inc. to Report Q1, 2022 Results on May 05, 2022

2022-04-20 20:30:00

iHeartMedia, Inc. announced that they will report Q1, 2022 results on May 05, 2022

Neutral

iHeartMedia, Inc., Q1 2022 Earnings Call, May 05, 2022

2022-04-20 20:30:00

iHeartMedia, Inc., Q1 2022 Earnings Call, May 05, 2022

Negative

iHeartMedia, Inc. Announces Retirement of Linda Byrd, Division President for iHeartMedia Florida

2022-04-15 00:00:00

iHeartMedia, Inc. announced the retirement of media veteran Linda Byrd, Division President for iHeartMedia Florida. As a company leader for four decades at iHeartMedia, Byrd has contributed to the success of nearly 50 different markets and countless employees. Byrd will transition out of her Division President role into an advisory role on July 15 and will continue to report to Hartley Adkins, President of iHeartMedia Markets Group. One of the duties in her advisory capacity will be the continued involvement in iHeartMedia’s Hispanic footprint, where she has made significant contributions.

Positive

Super League Gaming and iHeartMedia, Inc. Join Forces to Bring Brands into the Metaverse

2022-03-30 16:30:00

Super League Gaming and announced partnership that will leverage iHeartMedia’s massive North American sales force of 1,500 sellers in every major market nationwide, as well as its vast roster of partners, to bring Super League’s highly-sought after ad inventory and influencer network to brands looking to gain entry to the metaverse. The two companies will also collaborate on the development and rollout of iHeartMedia’s “iHeartLand” virtual spaces and fan experiences across metaverse platforms as well as the distribution of Super League’s immersive new 3D and NPC ad units. With this newly-forged alliance, Super League will share its deep knowledge and insights on open metaverse gaming platforms such as Roblox and Minecraft. This includes the company’s robust suite of exclusive analytics to help guide the go-to-market plans and future-forward sales strategies for iHeartMedia’s portfolio of premium brand advertisers. Super League’s ad tech solutions feature a platform deployed within more than 150 curated, brand-safe games in Roblox that reach more than 70 million monthly active players; measurable formats within the largest free Minecraft server host community in the world, Minehut; and dynamic home page placements across dozens of YouTube channels collectively boasting more than 65 million subscribers who are passionate about gaming entertainment. This partnership reaches far into the depths of the metaverse to provide iHeartMedia’s sales team – North America's largest and most powerful – with full access to Super League’s coveted, measurable, and ground-breaking metaverse ad inventory and products that are brand-friendly and kidSafe certified. Creators and developers working with Super League will continue to have full control over the ads that appear in the environments they have built and grown, with iHeartMedia poised to ramp up their monetization opportunities at an accelerated pace. With Super League’s metaverse mastery and iHeartMedia’s expertise in delivering one-of-a-kind experiences, the partnership is poised to raise the bar for younger consumers and the brands who want to reach them. Through immersive events supported by innovative marketing campaigns, consumers can expect rich experiences that weave together real life and virtual life with compelling content, exclusive merchandise, competitions and much more.

Positive

iHeartMedia, Inc. Launches New Slate of Original Podcasts to Amplify Latinx Voices and Stories

2022-03-30 00:00:00

iHeartMedia, Inc. announced a slate of original podcasts as part of its My Cultura Podcast Network launching in partnership with Eva Longoria. The upcoming shows further My Cultura’s dedication to celebrating and elevating Latinx voices, stories and content creators like Longoria. The projects span across genres -- two of the series will be hosted by Longoria herself including an interview series and a food and culture show; Longoria, along with actress Dania Ramirez, will also executively produce a scripted podcast series based on a true story. iHeartMedia’s My Cultura Network x Eva Longoria Slate Includes: “Connections with Eva Longoria,” Launching March 31, Unscripted. Eva Longoria is taking them back to the very foundation of what makes them human - their desire to authentically connect with others. In open and honest conversations with some of the brightest thought leaders of the moment, Eva seeks to reinvigorate their focus on the power and critical importance of connection. Eva and her guests take on complex topics that affect them all and break them down into lively, meaningful conversations. Covering a wide range of topics, from spirituality to money, romance, food, politics and parenting, Eva’s signature style will give them a new perspective on their most powerful connections - with the world around you, and with yourself. Guests include: Jay Shetty, Huda Kattan, Dr. Shefali Tsabary, Elsa Marie Collins, and many more. “Sisters of the Underground,” Summer 2022, Scripted: An 8-episode scripted series by executive producers Eva Longoria and Dania Ramirez. It follows the true story of Las Hermanas Mirabal, the Mirabal sisters. Their lifelong activism in the Dominican Republic and state-orchestrated assassination ignited outrage that led to the downfall of one of the most brutal and enduring dictators of the 20th Century, Rafael Trujillo (aka El Jefe). This series takes them back to a period when the Mirabal Sisters inspired an entire nation to emancipate themselves from a tyrannical regime that lasted for more than 30 years. While the martyrdom of the Mirabal Sisters is the stuff of legend in the DR, Sisters of the Underground brings these hidden figures to life for a global audience in a vivid, immersive, audio drama. “Hungry for History,” Launching October 2022, Unscripted: Eva Longoria and Maite Gomez-Rejón explore the origins of some of the most delicious dishes, and ingredients from Mexico. They’ll share personal memories and family stories about the topic, decode culinary customs, and even provide a recipe or two for listeners to try at home. Through lighthearted dialogue and historical facts, their hosts will take them on a culinary journey that will connect their past with their present and prove that they are “Hungry for History.”.

Neutral

iHeartMedia, Inc., Annual General Meeting, May 10, 2022

2022-03-29 20:25:00

iHeartMedia, Inc., Annual General Meeting, May 10, 2022, at 10:00 US Eastern Standard Time. Agenda: To consider election of directors; to consider The ratification of the appointment of Ernst & Young LLP as our independent registered public accounting firm For the fiscal year ending December 31, 2022; and to consider other matter.

Neutral

iHeartMedia, Inc. - Shareholder/Analyst Call

2022-03-29 20:25:00

Annual Meeting of Stockholders

Neutral

The Goldman Sachs Group, Inc., Goldman Sachs Communacopia + Technology Conference 2022, Sep 09, 2022 through Sep 15, 2022

2022-03-03 13:33:00

The Goldman Sachs Group, Inc., Goldman Sachs Communacopia + Technology Conference 2022, Sep 09, 2022 through Sep 15, 2022. Venue: The Palace Hotel in San Francisco, 2 New Montgomery Street, San Francisco, California, United States.

Negative

iHeartmedia, Inc. Announces Resignation of Gary Barber from the Board of Directors

2022-02-02 21:31:00

On February 2, 2022, Gary Barber resigned from the Board of Directors of iHeartMedia, Inc., effective February 8, 2022.

Positive

Gimme Radio, Inc. announced that it has received $8.981399 million in funding from iHeartMedia, Inc. and other investors

2022-01-27 00:00:00

On January 27, 2022, Gimme Radio, Inc. closed the transaction. The company has amended the terms of the transaction. The company has received $3,000,000 led by new investor iHeartMedia, Inc bringing the total funding raised to $3,981,399.

Neutral

Interactive Advertising Bureau, Inc., Annual Leadership Meeting, Feb 07, 2022 through Feb 10, 2022

2022-01-20 17:01:00

Interactive Advertising Bureau, Inc., Annual Leadership Meeting, Feb 07, 2022 through Feb 10, 2022. Venue: New York City, New York, United States.

Neutral

iHeartMedia, Inc. Presents at Annual Leadership Meeting, Feb-07-2022

2022-01-20 17:01:00

iHeartMedia, Inc. Presents at Annual Leadership Meeting, Feb-07-2022 . Venue: New York City, New York, United States.

Neutral

JPMorgan Chase & Co., J.P. Morgan’s 50th Annual Global Technology, Media and Communications Conference 2022, May 23, 2022 through May 25, 2022

2021-12-21 09:47:00

JPMorgan Chase & Co., J.P. Morgan’s 50th Annual Global Technology, Media and Communications Conference 2022, May 23, 2022 through May 25, 2022. Venue: Westin Boston Seaport District, Boston, Massachusetts, United States.

Negative

iHeartMedia Names Don Martin Executive Vice President Of Programming For iHeartMedia Sports

2021-12-15 00:00:00

iHeartMedia announced that Don Martin has been named Executive Vice President of Programming for iHeartMedia Sports, effective immediately. In his new role, Martin will lead Sports radio operations and oversee recruiting for on-air talent, program directors and board operators for the iHeartMedia Markets Group and Premiere Networks. In addition, Martin will identify opportunities to expand iHeartMedia Sports partnerships “ including leagues, teams, podcasting and broadcast.

Positive

Gimme Radio, Inc. announced a financing transaction

2021-12-14 00:00:00

Gimme Radio Inc. announced that it will receive $6,899,998 in funding on December 14, 2021. The company will issue convertible preferred shares, and convertible debt in the transaction. The company will issue securities pursuant to exemption provided under Regulation D.

Neutral

iHeartMedia, Inc. Presents at Consumer Electronics Show 2022, Jan-05-2022

2021-12-08 07:13:00

iHeartMedia, Inc. Presents at Consumer Electronics Show 2022, Jan-05-2022 . Venue: Las Vegas Convention and World Trade Center (LVCC), Las Vegas Convention Center West Hall, Space #4865, Las Vegas, Nevada, United States. Speakers: Gayle Troberman, Chief Marketing Officer & Executive VP.

Positive

Bamfer Productions and iHeartMedia, Inc. Explore the Vast Reaches of Outer Space in New Fiction Podcast “Magmell”

2021-12-06 00:00:00

Bamfer Productions and iHeartMedia, Inc. announced the upcoming launch of “Magmell,” a new iHeartRadio Original Podcast created by Jeff Heimbuch and Lyndsie Scoggin, the team behind the smash-hit thriller, “Light House” – a chart-topping fictional podcast for two years running. The first episode of “Magmell” will debut December 13, with subsequent episodes airing every Monday for the duration of its ten episodes. “Magmell” is distributed by the iHeartPodcast Network and can be heard on iHeartRadio and everywhere podcasts are available. The podcast follows Captain Cydney Owens and Captain Jana Prescott, as they embark on an important scientific mission aboard the USS Magmell. Along with Proteus, the on-board AI, their mission is to visit the Helix Nebula and study it up close to widen its knowledge of outer space. However, their mission takes a turn when an anomaly throws the ship off-course, stranding them trillions of miles from Earth with no way home. Will they be able to return to their loved ones? Why do they both seem to remember things that never happened? And just what else is lurking in the cold, dark reaches of outer space, waiting for them? Throughout its ten episodes, “Magmell” will answer these questions, and take listener on the sci-fi horror thrill ride you’ve been waiting for. Each episode is approximately 30 minutes long, making it the perfect, bite-sized, weekly escape from everyday life.

Neutral

Imagine Entertainment Launches New Audio Division with Exclusive Slate Podcast Deal with iHeartMedia, Inc

2021-12-06 00:00:00

Imagine Entertainment Chairman Brian Grazer and Ron Howard announced the launch of their new podcast division, Imagine Audio, fueled by an exclusive slate deal with iHeartMedia, Inc. The deal will include a slate of co-produced, unscripted podcasts, further expanding Imagine’s IP verticals beyond the traditional screens. The partnership will collaborate to launch six new series over the next two years distributed through the iHeartPodcast Network. Imagine Audio will take a 360 approach to content across the Imagine brand by not only creating podcasts, but fully immersive experiences that will extend into TV, film, live events and tours and merchandise, while leveraging all of Imagine’s divisions and vast library of memorable IP.  Imagine Audio will differentiate itself in the marketplace by producing premium scripted and non-scripted content that’s sonically rich and benefits from the highest level of production value.  The division is currently working with established talent as well as new voices across a slate audio productions in development and production which will be announced in the new year.

Negative

iHeartMedia Names John Ivey President Of CHR Content Development and Strategy

2021-12-01 00:00:00

iHeartMedia announced that John Ivey has been named President of CHR (Contemporary Hits Radio) Content Development and Strategy, effective immediately. In his new role as President of CHR Content Development and Strategy, Ivey will focus on the recruitment, training, deployment and career growth of talent across all of iHeart’s CHR stations. Ivey will work closely with Dennis Clark, the Executive Vice President of Talent Development to coach and develop talent.  He will continue to report to Tom Poleman, Chief Programming Officer and President of the National Programming Group foriHeartMedia. He joined iHeartMedia Los Angeles in 2001 and throughout his tenure has served as Vice President of Programming for the market, Program Director of KYSR FM and KHHT FM, Senior Vice President of Programming and CHR Brand Manager for iHeartMedia, and has co-produced marque events and television specials including iHeartRadio’s KIIS FM Jingle Ball and WangoTango.  Additionally Ivey was named on Billboard Magazine’s Inaugural Power List.

Fundamental Summary

iHeartMedia released impressive Q2 results on 2022-08-04. Their positive income, growth, and value factors indicate that it is likely to continue to produce impressive results for the foreseeable future, as well. We expect that this positive performance will continue in the coming months, and anticipate that iHeartMedia will maintain good momentum even in a challenging environment. We gave iHeartMedia a 88 rating and a STRONG BUY recommendation.

iHeartMedia reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 988.93 million compared to USD 928.05 million a year ago. Net loss was USD 310.36 million compared to net income of USD 3.18 million a year ago. Basic loss per share from continuing operations was USD 2.09 compared to basic earnings per share from continuing operations of USD 0.02 a year ago. Diluted loss per share from continuing operations was USD 2.09 compared to diluted earnings per share from continuing operations of USD 0.02 a year ago.For the nine months, sales was USD 2,786.39 million compared to USD 2,496.32 million a year ago. Net loss was USD 344.54 million compared to USD 270.83 million a year ago. Basic loss per share from continuing operations was USD 2.33 compared to USD 1.85 a year ago. Diluted loss per share from continuing operations was USD 2.33 compared to USD 1.85 a year ago.

Business Description

iHeartMedia operates as a media and entertainment company worldwide. It operates through three segments: Multiplatform Group, Digital Audio Group, and Audio & Media Services Group. The Multiplatform Group segment offers broadcast radio stations, sponsorship, and live and virtual events; and operates Premiere Networks, a national radio network that produces, distributes, or represents approximately 120 syndicated radio programs and services to approximately 6,400 radio station affiliates. It also delivers real-time traffic flow and incident information, and weather updates, sports, and news through approximately 2,100 radio stations and 170 television affiliates, and Internet and mobile partnerships. As of December 31, 2021, this segment owned 863 radio stations, which included 249 AM and 614 FM radio stations. The Digital Audio Group segment provides podcasting, digital sites, newsletters, digital services, and programs; and iHeartRadio, a mobile app and web-based service for radio stations, digital-only stations, custom artist stations, and podcasts. The Audio and Media Services Group segment engages in the media representation business. This segment also provides cloud and on-premises broadcast software, such as radio and television automation, music scheduling, newsroom automation, advertising sales management, disaster recovery solutions; and real-time audio recognition technology to approximately 10,000 radio and television stations, cable channels, record labels, advertisers, and agencies, as well as media streaming and research services. The company was formerly known as CC Media Holdings, Inc. and changed its name to iHeartMedia in September 2014. iHeartMedia is headquartered in San Antonio, Texas.

Sector Overview

iHeartMedia is included in the Media according to GICS (global industry classification standard). The Media industry is part of the Communication Services sector. It includes four sub-industries: Advertising, Broadcasting, Cable & Satellite and Publishing. iHeartMedia's industry and sector affiliation are expected to positively boost their relative likelihood to overperform the market looking forward, as they should benefit significantly from the macroeconomic environment we see now.

Fundamental Highlights


Parameter Value Change Score
Assets 8.7B 0.9% 79
Liabilities 7.8B 0.7% 58
Price to Book 1.3 -59.2% 63
Cash & Equivalents 294.8M 5.4% 79
Equity 884.8M 2.4% 49
EBITDA 1.0B 3.9% 84
Total Revenues 3.8B 2.5% 63
Parameter Value Change Score
Return on Equity 9.8 135.5% 93
Net Cashflow -288.5M -15.6% 89
Capital Expenditure -153.3M -6.4% 56
Asset Turnover 0.4 2.0% 75
Free Cashflow Per Share 0.9 553.5% 97
* All values are TTM

The below chart reflects iHeartMedia's birds-eye view on its performance with respect to its peers, the company's fillings as reported or to a similar industry, market cap, and country of origin. While iHeartMedia's peer average final assessment score stands on 73, iHeartMedia's score is 88.

  •  IHRT
  •  Peers average
Name Market Cap Balance Sheet Income Statement Cash Flow Rating Final Assessment mc_sort Hidden
Comcast Corporation 158.4B 58 73 75
Hold
71
71 0 1
Charter Communications, Inc. 68.9B 63 77 57
Hold
69
69 1 1
Sirius XM Holdings Inc. 25.2B 56 71 64
Hold
65
65 2 1
Fox Corporation 17.1B 74 71 74
Buy
79
79 3 1
The Liberty SiriusXM Group 14.3B 64 70 64
Hold
68
68 4 1
Liberty Broadband Corporation 13.5B 58 81 52
Hold
66
66 5 1
Paramount Global 13.1B 48 58 52
Underperform
48
48 6 1
News Corporation 11.1B 67 62 66
Hold
67
67 7 1
DISH Network Corporation 8.5B 56 64 64
Hold
61
61 8 1
Nexstar Media Group, Inc. 7.1B 91 79 74
Strong Buy
93
93 9 1
Stagwell Inc. 2.2B 82 81 73
Strong Buy
89
89 10 1
Criteo S.A. 1.6B 41 57 71
Underperform
51
51 11 1
Integral Ad Science Holding Corp. 1.5B 72 80 76
Buy
83
83 12 1
Magnite, Inc. 1.5B 75 73 67
Hold
78
78 13 1
Scholastic Corporation 1.4B 63 58 55
Underperform
58
58 14 1
Sinclair Broadcast Group, Inc. 1.3B 79 81 61
Buy
82
82 15 1
The E.W. Scripps Company 1.3B 66 72 90
Buy
82
82 16 1
Perion Network Ltd. 1.2B 81 82 74
Buy
86
86 17 1
AMC Networks Inc. 857.9M 62 66 84
Hold
74
74 18 1
Advantage Solutions Inc. 792.8M 59 56 84
Hold
67
67 19 1
MDC Partners Inc. 426.0M 76 75 83
Buy
84
84 20 1
The Trade Desk, Inc. 25.5B 83 41 74
Hold
69
69 21 1
Omnicom Group Inc. 16.3B 74 75 66
Hold
78
78 22 1
The Interpublic Group of Companies, Inc. 13.3B 71 71 61
Hold
72
72 23 1
The New York Times Company 6.1B 91 70 56
Buy
81
81 24 1
Telewest Global Inc. 6.0B 81 63 81
Hold
76
76 25 1
TEGNA Inc. 4.4B 87 75 66
Buy
85
85 26 1
Cable One, Inc. 4.2B 54 78 84
Hold
76
76 27 1
John Wiley & Sons, Inc. 2.6B 75 58 53
Underperform
59
59 28 1
Altice USA, Inc. 2.1B 90 64 52
Hold
75
75 29 1
TechTarget, Inc. 1.3B 64 86 64
Hold
77
77 30 1
Gray Television, Inc. 1.1B 60 81 82
Buy
80
80 31 1
WideOpenWest, Inc. 875.4M 57 82 60
Hold
69
69 32 1
Boston Omaha Corporation 850.9M 63 83 83
Buy
83
83 33 1
PubMatic, Inc. 823.7M 64 58 68
Hold
64
64 34 1
Thryv Holdings, Inc. 661.2M 70 58 65
Hold
66
66 35 1
Clear Channel Outdoor Holdings, Inc. 537.9M 74 70 72
Hold
78
78 36 1
Entravision Communications Corporation 472.3M 76 57 72
Hold
72
72 37 1
Innovid Corp. 395.6M 78 60 81
Buy
79
79 38 1
Daily Journal Corporation 379.7M 79 50 63
Hold
62
62 39 1
Gambling.com Group Limited 346.5M 95 70 88
Strong Buy
97
97 40 1
Cardlytics, Inc. 148.9M 62 81 63
Hold
73
73 41 1
WiMi Hologram Cloud Inc. 70.9M 79 66 54
Hold
68
68 42 1
BIGtoken, Inc. 410.3K 46 66 83
Underperform
56
56 43 1
E-SOL International Corp. 126.0 63 73 81
Hold
69
69 44 1

Macro Environment

Neutral
72

Typically, the stock market in United States will react to recent economic events, as well as be influenced by the sentiment in other major economies around the world. Our assessment is that these two events may influence global market sentiment. On the negative side we have the strengthening of the dollar, and on the positive side we have the US recession fears are decreasing.

Positive US recession fears are decreasing

In the US, gross domestic product (GDP) increased by 2.6%, compared to economists' expectations of 2.4%. In recent years, US exports have grown and government spending has decreased, leading to growth. In addition, a crucial indicator of underlying inflation monitored by the Federal Reserve, the personal consumption expenditures price index excluding food and energy, increased 0.5% in the past month. From a year ago, the gauge was up 5.1%, a pickup from the prior month, though slightly below economists’ forecasts. In light of the US's previous two quarters' negative statistics, this was good news, as it gave a sense of comfort that the recession wasn't approaching the country as quickly as previously anticipated.

Negative strengthening of the dollar

Many investors were surprised by the high CPI numbers in the US, resulting in a strengthening dollar index, since interest rates are expected to continue to rise at an even steeper pace than expected. In light of the fact that many companies sell their goods and services outside the US, the strengthening of the dollar could be a difficult headwind for them. The exchange rate losses will continue to occur if the dollar continues to strengthen, with the continuation of hot data from the American economy as well as the Fed's hawkish tone and the continuation of interest rate increases.

Besides the events we mentioned, there are also specific events related to the Media & Entertainment industry of which iHeartMedia, Inc. is a part. As a result, we believe that the US entering a recession may cloud the sector's shares in the near time future.

Negative US entering a recession

In light of the high inflation and significant monetary policy the Fed is taking in the US, there are increasing signs of growing chances of the US entering a recession. A recession in the US could lead to a sharp chain reaction in the rest of the world's leading economies as well. Historically, the Media & Entertainment industry has been hit hard in recession times due to a sharp drop in demand and hurting corporate revenues and profits.

In considering the current macro environment and the risks that might affect iHeartMedia, Inc. stock, we came to the conclusion that recent events aren't likely to affect the company's performance in the short term, and thus rated iHeartMedia, Inc. macro environment with the score of 72.

Technical Analysis

When trying to optimize the timing of an investment, it's critical to analyze whether the stock looks overbought or oversold, and in which direction the momentum is moving. iHeartMedia's stock is now priced above its 5-day and 50-day, but below its 200-day moving average, while its MACD (moving average convergence divergence) indicates that the stock's price movement momentum is weakening. Historically, this is a positive setup in both the short and medium-term. Meanwhile, looking at the Stochastic Oscillator and RSI (relative strength index), iHeartMedia's stock indicates that it's likely oversold. Overall, these technical indicators don't clearly signal directional momentum. Therefore, this stock received a cumulative TA (technical analysis) score of 62.

Neutral 62
Close Price 8.04
52W Low 6.43
52W High 21.57
5D MA 7.91
50D MA 7.99
200D MA 11.78
MACD -0.08
RSI 4.59
STOCH 53.47

Balance Sheet Analysis

While the critical metrics for iHeartMedia's balance sheet were not overwhelmingly positive, nonetheless, iHeartMedia's leadership seems to be consistently making smart decisions related to managing their balance sheet. iHeartMedia's management was effective in managing the value of the assets on their balance sheet, which now sits at 8.7B and represents a 0.9% change from the previous report. This performance is interesting in comparison to its peers and competitors. Consequently, their asset movement received a grade of 79. Also, iHeartMedia did a great job related to cash and cash equivalents this period, which stood at 294.8M, representing a 5.4% change from the previous filing. This impressive growth, specifically in contrast to their industry peers' performance, should support an upswing in the company's stock price. The company's cash and cash equivalents movement, therefore, received a grade of 79. That said, one metric, Equity, stood out as particularly concerning. iHeartMedia published concerning equity metrics for this filing. In the current report, equity stood at 884.8M, which represents a 2.4% change from the last report. This parameter often affects companies in the same industry and market capitalization by up to 2.6%. These metrics are all the more disappointing relative to their peers and should blunt potential positive momentum in its's stock price. Its equity movement component, therefore, received a grade of 49. Therefore, their balance sheet earned a grade of 77.

Parameter Value Change Score
Assets 8.7B 0.9% 79
Liabilities 7.8B 0.7% 58
Price to Book 1.3 -59.2% 63
Cash & Equivalents 294.8M 5.4% 79
Equity 884.8M 2.4% 49
* All values are TTM

The below chart describes iHeartMedia's performance as reflected on its balance sheet with respect to its peers. While iHeartMedia received a balance sheet score of 77, the average of its peers stands on 70.

  •  IHRT
  •  Peers average
Name Market Cap Liabilities Movement Asset Change Equity/Intangibles Adjustments Cash & Equivalents Book Value Momentum Balance Sheet mc_sort Hidden
Comcast Corporation 158.4B 64.0 74.0 81.0 50.0 46.0 58 0 1
Charter Communications, Inc. 68.9B 68.0 69.0 82.0 68.0 50.0 63 1 1
Sirius XM Holdings Inc. 25.2B 74.0 64.0 77.0 37.0 58.0 56 2 1
Fox Corporation 17.1B 64.0 69.0 88.0 62.0 74.0 74 3 1
The Liberty SiriusXM Group 14.3B 68.0 62.0 79.0 39.0 76.0 64 4 1
Liberty Broadband Corporation 13.5B 81.0 66.0 83.0 42.0 51.0 58 5 1
Paramount Global 13.1B 61.0 59.0 55.0 50.0 51.0 48 6 1
News Corporation 11.1B 74.0 68.0 81.0 48.0 66.0 67 7 1
DISH Network Corporation 8.5B 77.0 59.0 56.0 37.0 65.0 56 8 1
Nexstar Media Group, Inc. 7.1B 51.0 79.0 91.0 89.0 84.0 91 9 1
Stagwell Inc. 2.2B 58.0 78.0 79.0 95.0 62.0 82 10 1
Criteo S.A. 1.6B 62.0 37.0 80.0 40.0 64.0 41 11 1
Integral Ad Science Holding Corp. 1.5B 61.0 76.0 83.0 62.0 64.0 72 12 1
Magnite, Inc. 1.5B 71.0 69.0 45.0 81.0 67.0 75 13 1
Scholastic Corporation 1.4B 66.0 70.0 84.0 45.0 61.0 63 14 1
Sinclair Broadcast Group, Inc. 1.3B 59.0 75.0 81.0 92.0 61.0 79 15 1
The E.W. Scripps Company 1.3B 63.0 66.0 55.0 41.0 80.0 66 16 1
Perion Network Ltd. 1.2B 71.0 77.0 49.0 71.0 74.0 81 17 1
AMC Networks Inc. 857.9M 65.0 60.0 56.0 64.0 66.0 62 18 1
Advantage Solutions Inc. 792.8M 72.0 73.0 48.0 50.0 52.0 59 19 1
MDC Partners Inc. 426.0M 65.0 74.0 75.0 93.0 62.0 76 20 1
The Trade Desk, Inc. 25.5B 67.0 63.0 57.0 79.0 89.0 83 21 1
Omnicom Group Inc. 16.3B 69.0 71.0 79.0 69.0 66.0 74 22 1
The Interpublic Group of Companies, Inc. 13.3B 69.0 71.0 82.0 56.0 67.0 71 23 1
The New York Times Company 6.1B 61.0 84.0 82.0 87.0 75.0 91 24 1
Telewest Global Inc. 6.0B 62.0 82.0 54.0 76.0 85.0 81 25 1
TEGNA Inc. 4.4B 60.0 77.0 58.0 95.0 75.0 87 26 1
Cable One, Inc. 4.2B 54.0 61.0 84.0 58.0 55.0 54 27 1
John Wiley & Sons, Inc. 2.6B 81.0 74.0 82.0 77.0 47.0 75 28 1
Altice USA, Inc. 2.1B 82.0 60.0 68.0 79.0 96.0 90 29 1
TechTarget, Inc. 1.3B 79.0 72.0 80.0 64.0 44.0 64 30 1
Gray Television, Inc. 1.1B 49.0 63.0 74.0 56.0 68.0 60 31 1
WideOpenWest, Inc. 875.4M 74.0 61.0 51.0 58.0 55.0 57 32 1
Boston Omaha Corporation 850.9M 60.0 57.0 66.0 63.0 72.0 63 33 1
PubMatic, Inc. 823.7M 67.0 53.0 53.0 70.0 72.0 64 34 1
Thryv Holdings, Inc. 661.2M 59.0 70.0 55.0 75.0 65.0 70 35 1
Clear Channel Outdoor Holdings, Inc. 537.9M 66.0 71.0 75.0 75.0 64.0 74 36 1
Entravision Communications Corporation 472.3M 65.0 53.0 73.0 81.0 85.0 76 37 1
Innovid Corp. 395.6M 99.0 64.0 41.0 77.0 66.0 78 38 1
Daily Journal Corporation 379.7M 56.0 79.0 84.0 94.0 53.0 79 39 1
Gambling.com Group Limited 346.5M 59.0 81.0 85.0 84.0 87.0 95 40 1
Cardlytics, Inc. 148.9M 72.0 67.0 51.0 55.0 60.0 62 41 1
WiMi Hologram Cloud Inc. 70.9M 74.0 67.0 52.0 85.0 78.0 79 42 1
BIGtoken, Inc. 410.3K 66.0 69.0 94.0 37.0 38.0 46 43 1
E-SOL International Corp. 126.0 65.0 71.0 55.0 65.0 79.0 63 44 1

Income Statement Analysis

Overall, iHeartMedia's critical income statement metrics appear to strongly support positive growth going forward. Return factors metrics and ratios were exceptional in this report. iHeartMedia reported a return on equity (ROE) ratio of 9.8, representing a change of 135.5% from the last report. Its return factor metrics are even more remarkable when compared to their peers. Consequently, their return factors received a grade of 93. At the same time, one critical income statement metric, Revenue Efficiency, was notably weak. iHeartMedia management did an underwhelming job managing revenue efficiency this past period. iHeartMedia's revenue efficiency is 3.8B according to the metrics in the current filing, which represents a 2.5% change from the previous report. This metric might have a 9.6 percent impact on companies in the same industry and with the same market capitalization. Their revenue efficiency, specifically in contrast to their industry peers', isn't encouraging. Consequently, their revenue efficiency received a grade of 63. Therefore, it received a score of 82.

Parameter Value Change Score
EBITDA 1.0B 3.9% 84
Total Revenues 3.8B 2.5% 63
Return on Equity 9.8 135.5% 93
* All values are TTM

The below chart describes iHeartMedia's performance as reflected on its income statement with respect to its peers. While iHeartMedia received a income statement score of 82 , the average of its peers stands on 70.

  •  IHRT
  •  Peers average
Name Market Cap Revenue Momentum Earning Movement Return Factors Momentum Income Statement mc_sort Hidden
Comcast Corporation 158.4B 83.0 66.0 64.0 73 0 1
Charter Communications, Inc. 68.9B 75.0 74.0 83.0 77 1 1
Sirius XM Holdings Inc. 25.2B 74.0 65.0 84.0 71 2 1
Fox Corporation 17.1B 73.0 68.0 64.0 71 3 1
The Liberty SiriusXM Group 14.3B 74.0 64.0 73.0 70 4 1
Liberty Broadband Corporation 13.5B 82.0 76.0 92.0 81 5 1
Paramount Global 13.1B 73.0 50.0 56.0 58 6 1
News Corporation 11.1B 82.0 53.0 55.0 62 7 1
DISH Network Corporation 8.5B 89.0 52.0 55.0 64 8 1
Nexstar Media Group, Inc. 7.1B 61.0 83.0 84.0 79 9 1
Stagwell Inc. 2.2B 44.0 94.0 74.0 81 10 1
Criteo S.A. 1.6B 92.0 42.0 47.0 57 11 1
Integral Ad Science Holding Corp. 1.5B 48.0 88.0 96.0 80 12 1
Magnite, Inc. 1.5B 60.0 77.0 69.0 73 13 1
Scholastic Corporation 1.4B 80.0 49.0 46.0 58 14 1
Sinclair Broadcast Group, Inc. 1.3B 98.0 70.0 84.0 81 15 1
The E.W. Scripps Company 1.3B 61.0 74.0 72.0 72 16 1
Perion Network Ltd. 1.2B 48.0 90.0 90.0 82 17 1
AMC Networks Inc. 857.9M 93.0 53.0 55.0 66 18 1
Advantage Solutions Inc. 792.8M 56.0 55.0 60.0 56 19 1
MDC Partners Inc. 426.0M 87.0 74.0 74.0 75 20 1
The Trade Desk, Inc. 25.5B 46.0 40.0 39.0 41 21 1
Omnicom Group Inc. 16.3B 81.0 69.0 78.0 75 22 1
The Interpublic Group of Companies, Inc. 13.3B 79.0 64.0 71.0 71 23 1
The New York Times Company 6.1B 66.0 70.0 60.0 70 24 1
Telewest Global Inc. 6.0B 48.0 72.0 45.0 63 25 1
TEGNA Inc. 4.4B 68.0 75.0 71.0 75 26 1
Cable One, Inc. 4.2B 82.0 72.0 77.0 78 27 1
John Wiley & Sons, Inc. 2.6B 82.0 49.0 51.0 58 28 1
Altice USA, Inc. 2.1B 89.0 51.0 64.0 64 29 1
TechTarget, Inc. 1.3B 59.0 92.0 92.0 86 30 1
Gray Television, Inc. 1.1B 42.0 93.0 93.0 81 31 1
WideOpenWest, Inc. 875.4M 88.0 73.0 96.0 82 32 1
Boston Omaha Corporation 850.9M 41.0 97.0 86.0 83 33 1
PubMatic, Inc. 823.7M 60.0 57.0 48.0 58 34 1
Thryv Holdings, Inc. 661.2M 87.0 45.0 49.0 58 35 1
Clear Channel Outdoor Holdings, Inc. 537.9M 79.0 64.0 66.0 70 36 1
Entravision Communications Corporation 472.3M 51.0 59.0 56.0 57 37 1
Innovid Corp. 395.6M 42.0 68.0 47.0 60 38 1
Daily Journal Corporation 379.7M 89.0 37.0 39.0 50 39 1
Gambling.com Group Limited 346.5M 40.0 82.0 54.0 70 40 1
Cardlytics, Inc. 148.9M 59.0 87.0 83.0 81 41 1
WiMi Hologram Cloud Inc. 70.9M 97.0 65.0 68.0 66 42 1
BIGtoken, Inc. 410.3K 55.0 61.0 87.0 66 43 1
E-SOL International Corp. 126.0 99.0 65.0 71.0 73 44 1

Cash Flow Analysis

Free Cash flow and Net Cash Flow stand out as the most significant drivers of iHeartMedia's cash flow's strength. Free cash flow numbers published by iHeartMedia were 0.9, which was a 553.5% change from the previous filing. Companies in the same industry and market capitalization are typically affected by this parameter by up to 3.9%. The company's free cash flow metrics are especially strong compared to its peers. Management seems to balance cash flow management, asset growth, and resource allocations in general. Consequently, their free cash flow movement received a grade of 97. Also, iHeartMedia presents exciting net cash flow numbers for its recent financial release, illustrated by a net cash flow of -288.5M, which is a change of -15.6% from the last filing. This industry-leading net cash flow momentum should reinforce broader positive momentum for its's stock price going forward. The company's net cash flow, therefore, received a grade of 89. That said, one metric, Capital Expenditure, stood out as particularly concerning. iHeartMedia's management did not a remarkable job this period managing capital expenditures (CapEx). In terms of the raw numbers, CapEx was reported as -153.3M, which represents a -6.4% change from the last period. They appears to be headed in the wrong direction regarding resource allocation, exhibiting prudent capital expenditure growth compared to its peers. Consequently, their CapEx movement received a grade of 56. Therefore, we scored its cash flow a 87.

Parameter Value Change Score
Net Cashflow -288.5M -15.6% 89
Capital Expenditure -153.3M -6.4% 56
Asset Turnover 0.4 2.0% 75
Free Cashflow Per Share 0.9 553.5% 97
* All values are TTM

The below chart describes iHeartMedia's performance as reflected on its cash flow with respect to its peers. While iHeartMedia received a cash flow score of 87, the average of its peers stands on 69.

  •  IHRT
  •  Peers average
Name Market Cap Cashflow Momentum Free Cashflow Growth Capital Expenditure Growth Assets Factors Momentum Cash Flow mc_sort Hidden
Comcast Corporation 158.4B 75.0 74.0 61.0 78.0 75 0 1
Charter Communications, Inc. 68.9B 56.0 59.0 59.0 72.0 57 1 1
Sirius XM Holdings Inc. 25.2B 57.0 66.0 71.0 83.0 64 2 1
Fox Corporation 17.1B 77.0 82.0 59.0 67.0 74 3 1
The Liberty SiriusXM Group 14.3B 59.0 68.0 57.0 88.0 64 4 1
Liberty Broadband Corporation 13.5B 58.0 43.0 57.0 53.0 52 5 1
Paramount Global 13.1B 52.0 51.0 41.0 80.0 52 6 1
News Corporation 11.1B 67.0 58.0 76.0 64.0 66 7 1
DISH Network Corporation 8.5B 64.0 61.0 54.0 78.0 64 8 1
Nexstar Media Group, Inc. 7.1B 68.0 79.0 77.0 80.0 74 9 1
Stagwell Inc. 2.2B 80.0 98.0 50.0 57.0 73 10 1
Criteo S.A. 1.6B 69.0 63.0 78.0 76.0 71 11 1
Integral Ad Science Holding Corp. 1.5B 82.0 90.0 53.0 62.0 76 12 1
Magnite, Inc. 1.5B 73.0 72.0 42.0 70.0 67 13 1
Scholastic Corporation 1.4B 51.0 41.0 63.0 82.0 55 14 1
Sinclair Broadcast Group, Inc. 1.3B 68.0 72.0 53.0 51.0 61 15 1
The E.W. Scripps Company 1.3B 87.0 84.0 89.0 81.0 90 16 1
Perion Network Ltd. 1.2B 82.0 76.0 54.0 57.0 74 17 1
AMC Networks Inc. 857.9M 87.0 98.0 67.0 68.0 84 18 1
Advantage Solutions Inc. 792.8M 86.0 82.0 84.0 64.0 84 19 1
MDC Partners Inc. 426.0M 99.0 97.0 37.0 52.0 83 20 1
The Trade Desk, Inc. 25.5B 74.0 72.0 80.0 66.0 74 21 1
Omnicom Group Inc. 16.3B 65.0 63.0 71.0 70.0 66 22 1
The Interpublic Group of Companies, Inc. 13.3B 60.0 48.0 84.0 65.0 61 23 1
The New York Times Company 6.1B 58.0 52.0 76.0 52.0 56 24 1
Telewest Global Inc. 6.0B 90.0 91.0 84.0 67.0 81 25 1
TEGNA Inc. 4.4B 69.0 79.0 69.0 51.0 66 26 1
Cable One, Inc. 4.2B 81.0 84.0 82.0 79.0 84 27 1
John Wiley & Sons, Inc. 2.6B 52.0 64.0 60.0 54.0 53 28 1
Altice USA, Inc. 2.1B 58.0 51.0 54.0 51.0 52 29 1
TechTarget, Inc. 1.3B 69.0 65.0 63.0 56.0 64 30 1
Gray Television, Inc. 1.1B 82.0 94.0 41.0 93.0 82 31 1
WideOpenWest, Inc. 875.4M 53.0 56.0 77.0 80.0 60 32 1
Boston Omaha Corporation 850.9M 92.0 53.0 41.0 93.0 83 33 1
PubMatic, Inc. 823.7M 73.0 62.0 54.0 69.0 68 34 1
Thryv Holdings, Inc. 661.2M 67.0 73.0 45.0 75.0 65 35 1
Clear Channel Outdoor Holdings, Inc. 537.9M 82.0 53.0 48.0 72.0 72 36 1
Entravision Communications Corporation 472.3M 79.0 74.0 37.0 74.0 72 37 1
Innovid Corp. 395.6M 83.0 89.0 84.0 58.0 81 38 1
Daily Journal Corporation 379.7M 64.0 71.0 37.0 76.0 63 39 1
Gambling.com Group Limited 346.5M 97.0 95.0 45.0 73.0 88 40 1
Cardlytics, Inc. 148.9M 61.0 60.0 84.0 63.0 63 41 1
WiMi Hologram Cloud Inc. 70.9M 57.0 65.0 63.0 41.0 54 42 1
BIGtoken, Inc. 410.3K 80.0 80.0 50.0 99.0 83 43 1
E-SOL International Corp. 126.0 66.0 63.0 61.0 86.0 81 44 1

This report, prepared and provided by Deshe Labs Ltd ("Deshe"), is intended for general guidance and information purposes only and under no circumstances is tailored to a specific factor or variable related to its reader or intended to be used, construed, or considered as financial or investment advice, an offer, a solicitation of any offer, a recommendation, or an offer to invest in, sell or buy the securities mentioned in this report or other form of a financial asset or as a marketing communication under FCA Rules. For the full disclaimer, click here.