Tag: iheartmedia

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#IRespectMusic campaign wants to talk royalties with radio bosses

Artist Blake Morgan is continuing his campaign in the US, with its latest focus being on persuading AM/FM radio stations to pay performance royalties to artists.
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iHeartMedia leads $3m round in streaming startup Gimme Radio

It joins previous investors The Orchard, Concord and Metal Blade Records among other music companies.
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Def Jam to launch fictional podcast featuring real artists

UMG's Def Jam Recordings is teaming up with iHeartMedia and podcasting firm Double Elvis Productions for a new show that will feature emerging artists from the label. 'Here Comes the Break' is more interesting than just...
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iHeartMedia is buying podcasting tech firm Voxnest

It’s open season for acquisitions of podcasting startups whose technology and/or shows seem appealing to a bigger fish. The latest example is Voxnest, a company that makes advertising tech for podcasting, and which is now being...
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Charlamagne tha God launches Black Effect Podcast Network

Veteran radio host Charlamagne Tha God is launching a new podcast network, in partnership with radio/streaming firm iHeartMedia in the US. It’s called The Black Effect Podcast Network, and is promising to create shows...
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Opposition filed to Liberty Media plans to increase iHeartMedia stake

In December 2019, it was reported that media group Liberty Media was seeking to increase its stake in radio and streaming group iHeartMedia – possibly to a level that would give it control of the latter company. Now...
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iHeartMedia expands cost-saving measures to $250m this year

US radio and streaming giant iHeartMedia has announced plans to cut $250m of costs this year, in an expansion of its previous $50m plan to tackle the challenges posed by the Covid-19 pandemic. The measures include furloughing...
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Some iHeartMedia staff furloughed as CEO foregoes his salary

Last week, we reported on US radio, live and streaming group iHeartMedia withdrawing its financial guidance for 2020 and drawing on $350m of a pre-agreed credit facility to tide it through the coronavirus pandemic. However,...
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iHeartMedia withdraws its financial guidance for 2020

It’s not so long since US radio firm iHeartMedia was in deep financial troubles, and while it pulled itself out of those last year, it’s understandably one of the companies being hit hard by the coronavirus pandemic....
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iHeartMedia publishes financials as CEO ignites Spotify spat

US radio group iHeartMedia has published its latest quarterly financial results, revealing that its revenues grew by 2.4% year-on-year to $913.3m in the second quarter of 2019, including a 32.8% increase in digital revenue....
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iHeartMedia files for IPO and reveals figures for iHeartRadio

When Music Ally thinks about ideal preparations for going public, bankruptcy protection isn’t high on the list. But US radio group iHeartMedia is trumping our assumptions: this week, it filed to go public, in an IPO that...
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iHeartMedia boss on streaming: ‘We keep it in perspective’

There’s a view being put about that on-demand music-streaming services will ultimately kill radio – admittedly, it’s being put about mainly by on-demand music-streaming services for now. What do radio moguls think about...