OverviewSuggest Edit

iHeartMedia is a global media and entertainment company specializing in radio, digital, outdoor, mobile, social, live events and on-demand entertainment and information services for consumers, communities, partners, and advertisers. The company delivers broadcast radio, digital, mobile, podcasts, social, live events including mobile platforms and products, program syndication, traffic, weather, news, and sports data distribution and on-demand entertainment. It also provides outdoor advertising services using various digital and traditional display types.

TypePublic
Founded1972
HQSan Antonio, US
Websiteiheartmedia.com
Employee Ratings3.1

Latest Updates

Employees (est.) (Dec 2018)18,300(+3%)
Job Openings450
Revenue (FY, 2018)$6.3 B(+3%)
Share Price (Feb 2020)$17.9

Key People/Management at iHeartMedia

Bob Pittman

Bob Pittman

Chairman and Chief Executive Officer
Richard J. Bressler

Richard J. Bressler

President, Chief Operating Officer and Chief Financial Officer
Wendy Goldberg

Wendy Goldberg

Executive Vice President and Chief Communications Officer
John Sykes

John Sykes

President of Entertainment Enterprises
Paul McNicol

Paul McNicol

Executive Vice President and General Counsel
Steve Mills

Steve Mills

Global Chief Information Officer
Show more

iHeartMedia Office Locations

iHeartMedia has offices in San Antonio, Burbank, Chicago and New York
San Antonio, US (HQ)
20880 Stone Oak Pkwy
Burbank, US
3400 W Olive Ave
Chicago, US
233 N Michigan Ave
New York, US
125 W 55th St
New York, US
32 Ave of the Americas
San Antonio, US
200 E Basse Rd
Show all (6)

iHeartMedia Financials and Metrics

iHeartMedia Revenue

iHeartMedia's revenue was reported to be $6.33 b in FY, 2018 which is a 2.5% increase from the previous period.
USD

Revenue (Q3, 2019)

948.3m

Net income (Q3, 2019)

11.2b

EBIT (Q3, 2019)

140.8m

Market capitalization (14-Feb-2020)

1.2b

Closing stock price (14-Feb-2020)

17.9

Cash (30-Sept-2019)

277.1m

EV

1.7b
iHeartMedia's current market capitalization is $1.2 b.
Annual
USDFY, 2016FY, 2017FY, 2018

Revenue

6.3b6.2b6.3b

Revenue growth, %

1%(2%)3%

General and administrative expense

1.7b1.9b1.9b

Operating expense total

2.7b2.8b2.7b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

1.3b1.6b1.5b1.4b1.6b1.6b1.4b891.8m948.3m

General and administrative expense

450.6m447.3m438.7m473.0m451.5m457.8m455.7m328.2m341.4m

Operating expense total

675.1m672.2m666.4m703.2m678.8m662.7m643.8m445.6m506.7m

Depreciation and amortization

146.1m147.8m149.7m151.4m147.6m120.7m113.4m64.9m95.3m
Annual
USDFY, 2016FY, 2017FY, 2018

Cash

845.0m267.1m406.5m

Accounts Receivable

1.4b1.5b1.6b

Prepaid Expenses

184.6m209.3m195.3m

Current Assets

2.5b2.1b2.2b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

365.0m260.5m286.4m297.4m261.8m311.2m448.1m127.2m277.1m

Accounts Receivable

1.2b1.4b1.4b1.4b1.4b1.5b1.4b843.1m843.2m

Prepaid Expenses

264.6m231.7m230.2m269.1m245.4m241.0m179.8m109.1m121.0m

Current Assets

1.9b2.0b2.0b2.1b2.0b2.1b2.1b1.1b1.3b
Annual
USDFY, 2016FY, 2017FY, 2018

Net Income

(240.0m)(460.0m)(202.6m)

Depreciation and Amortization

635.2m601.3m530.9m

Accounts Payable

3.1m15.7m38.3m

Cash From Operating Activities

(14.0m)(503.7m)966.7m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

(387.6m)(555.6m)(801.8m)(431.5m)(499.3m)(427.5m)(135.6m)38.8m(427.5m)

Depreciation and Amortization

146.1m293.9m443.7m151.4m299.1m419.8m113.4m59.4m175.5m

Accounts Payable

(30.7m)(30.7m)9.4m35.1m34.1m35.5m(16.0m)3.0m21.9m

Cash From Operating Activities

(429.0m)(454.4m)(558.7m)175.5m444.4m663.3m89.0m83.2m515.7m
USDY, 2019

EV/EBIT

11.8 x

EV/CFO

3.2 x

Debt/Equity

0.3 x

Debt/Assets

0.1 x

Financial Leverage

3.8 x
Show all financial metrics

iHeartMedia Operating Metrics

FY, 2016FY, 2017FY, 2018

AM Radio Stations

240 240 239

FM Radio Stations

615 609 609

Live Broadcast Stations

855 849 848

Radio Licenses

100 100 110
Show all operating metrics

iHeartMedia Acquisitions / Subsidiaries

Company NameDateDeal Size
Jelli, Inc.November 19, 2018
HowStuffWorksSeptember 13, 2018
Stuff MediaSeptember 13, 2018
ThumbplayMarch 01, 2011
Aircheck India Pvt. Ltd.
AMFM Broadcasting, Inc.
AMFM Broadcasting Licenses, LLC
AMFM Operating, Inc.
AMFM Radio Licenses, LLC
AMFM Texas Broadcasting, LP
Show more

iHeartMedia Revenue Breakdown

Embed Graph

iHeartMedia revenue breakdown by business segment: 18.8% from Americas Outdoor Advertising, 54.3% from iHM, 24.2% from International Outdoor Advertising and 2.8% from Other

iHeartMedia Online and Social Media Presence

Embed Graph

iHeartMedia News and Updates

Wall Street analysts say these stocks are 'compelling' including Oxford Industries and iHeartMedia

These stocks have "compelling" stories analysts say.

As it Enters the New Decade, iHeartMedia Announces Technology Transformation and New Organizational Structure for its Markets Group

New Structure Will Enhance Company’s Leadership Position as the Number One Audio Company in America and Continue Its Successful Transformation as a Technology-Powered 21st Century Media Company.read more

The Wall Street Journal: Liberty Media wants bigger stake in iHeartMedia

An affiliate of John Malone’s Liberty Media Corp  is seeking Justice Department permission to buy a larger piece of iHeartMedia Inc., according to people familiar with the matter.

An iHeartMedia exec says podcasts are 'the new script' for Hollywood and breaks down the audio giant's TV and movie deals

As the podcast industry heats up, major production companies are looking to turn audio content into TV shows or movies. Conal Byrne, the president of iHeartMedia's podcast network, said he thinks that in just a couple of years, a quarter of film and TV content could have started as a podcast. IHea…

El Empire State Building en asociación con iHeartMedia proyecta luz sobre la Robin Hood Foundation con el espectáculo música-a-luces de Shawn Mendes

NUEVA YORK, 12 de mayo de 2019 /PRNewswire/ -- El Empire State Building, en asociación con iHeartMedia, anunció hoy que las luces de su mundialmente famosa torre brillarán en celebración de la Robin Hood Foundation – la mayor organización de lucha contra la pobreza de la ciudad de Nueva...
Show more

iHeartMedia Blogs

Entravision Radio Stations Now Streaming on iHeartRadio

Entravision Radio Stations Now Streaming on iHeartRadio AlisonHemmings Tue, 03/05/2019 - 14:16 SANTA MONICA, CA – March 5, 2019 – Entravision Communications Corporation (NYSE: EVC), a diversified global media and advertising technology company serving Latino consumers, today announced …

The 2019 “iHeartRadio Music Awards” To Feature Performances By Alicia Keys, Ariana Grande, Halsey, Garth Brooks, John Legend, Kacey Musgraves And More Live, Thursday, March 14 On FOX

The 2019 “iHeartRadio Music Awards” To Feature Performances By Alicia Keys, Ariana Grande, Halsey, Garth Brooks, John Legend, Kacey Musgraves And More Live, Thursday, March 14 On FOX DanielleVitucc… Wed, 02/27/2019 - 14:06 Taylor Swift to Receive “Tour of the Year” Award for Her Reputa…

iHeartMedia To Acquire Radiojar

iHeartMedia To Acquire Radiojar AlisonHemmings Tue, 02/26/2019 - 15:10 Acquisition Demonstrates iHeartMedia’s Continued Investment in the Audio Technology Space NEW YORK, NY – February 26, 2019 – iHeartMedia today announced it acquired Athens, Greece-based online audio technology compa…

Clear Channel Outdoor Holdings, Inc. Announces Chief Financial Officer And General Counsel Appointments

Clear Channel Outdoor Holdings, Inc. Announces Chief Financial Officer And General Counsel Appointments AlisonHemmings Mon, 02/25/2019 - 14:45 Brian Coleman to Become Chief Financial Officer When Clear Channel Outdoor Holdings Becomes Standalone Public Company; Experienced Financial a…

Alicia Keys, Garth Brooks And Halsey To Be Honored At The “2019 iHeartRadio Music Awards” Airing Live, Thursday, March 14, On Fox

Alicia Keys, Garth Brooks And Halsey To Be Honored At The “2019 iHeartRadio Music Awards” Airing Live, Thursday, March 14, On Fox DanielleVitucc… Thu, 02/21/2019 - 15:54 Garth Brooks To Receive First-Ever “iHeartRadio Artist of the Decade” Award For His Impact On The Music Industry  N…

iHeartMedia Welcomes Best-Selling Author Dani Shapiro To The iHeartPodcast Network And Introduces New “Family Secrets” Podcast

iHeartMedia Welcomes Best-Selling Author Dani Shapiro To The iHeartPodcast Network And Introduces New “Family Secrets” Podcast AlisonHemmings Wed, 02/20/2019 - 15:11 Listen to “Family Secrets” now on iHeartRadio and Everywhere Podcasts are Heard NEW YORK-- February 14, 2019 -- iHeartMe…
Show more

iHeartMedia Frequently Asked Questions

  • When was iHeartMedia founded?

    iHeartMedia was founded in 1972.

  • Who are iHeartMedia key executives?

    iHeartMedia's key executives are Bob Pittman, Richard J. Bressler and Wendy Goldberg.

  • How many employees does iHeartMedia have?

    iHeartMedia has 18,300 employees.

  • What is iHeartMedia revenue?

    Latest iHeartMedia annual revenue is $6.3 b.

  • What is iHeartMedia revenue per employee?

    Latest iHeartMedia revenue per employee is $345.7 k.

  • Who are iHeartMedia competitors?

    Competitors of iHeartMedia include CBS, E.W. Scripps and Townsquare Media.

  • Where is iHeartMedia headquarters?

    iHeartMedia headquarters is located at 20880 Stone Oak Pkwy, San Antonio.

  • Where are iHeartMedia offices?

    iHeartMedia has offices in San Antonio, Burbank, Chicago and New York.

  • How many offices does iHeartMedia have?

    iHeartMedia has 6 offices.