OverviewSuggest Edit

iHeartMedia is a global media and entertainment companies specializing in radio, digital, outdoor, mobile, live events, and on-demand entertainment and information services for local communities. It operates through three segments: iHeartMedia segment offers radio broadcasting, digital online and mobile platforms and products, program syndication, entertainment and traffic; Americas Outdoor Advertising segment owns or operates display structures comprising printed and digital billboards, street furniture and transit displays, airport displays and wallscapes, and other spectaculars focusing on metropolitan areas; and International Outdoor Advertising segment owns or operates displays, such as street furniture and transit displays, billboards and mall displays.

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TypePublic
Founded1972
HQSan Antonio, US
Websiteiheartmedia.com
Employee Ratings3

Latest Updates

Employees (est.) (Sep 2017)18,700
Job Openings692
Revenue (FY, 2016)$6.3 B

Key People/Management at iHeartMedia

Bob Pittman

Bob Pittman

Chairman and Chief Executive Officer
Richard Bressler

Richard 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
Steve Mills

Steve Mills

Global CIO
Gayle Troberman

Gayle Troberman

Evp & CMO
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iHeartMedia Office Locations

iHeartMedia has offices in San Antonio, Atlanta, Douglasville, Crossville and in 2 other locations
San Antonio, US (HQ)
200 East Basse Road
Albuquerque, US
5411 Jefferson St NE
Atlanta, US
700 1819 Peachtree Road Northeast
New York, US
32 Avenue of the Americas
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iHeartMedia Financials and Metrics

iHeartMedia Revenue

iHeartMedia's revenue was reported to be $6.27 b in FY, 2016 which is a 0.5% increase from the previous period.
USD

Revenue (FY, 2016)

6.3b

Revenue growth (FY, 2015 - FY, 2016), %

0.5%

Net income (FY, 2016)

(240.0m)

EBIT (FY, 2016)

1.5b

Cash (31-Dec-2016)

845.0m

EV

19.6b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

6.2b6.3b6.2b6.3b

Revenue growth, %

1%(1%)1%

EBIT

1.0b1.1b1.1b1.5b

EBIT margin, %

16%17%18%24%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

708.2m457.0m772.7m845.0m

Current Assets

2.5b2.2b2.8b2.5b

Goodwill

4.2b4.2b4.1b4.1b

Total Assets

15.1b14.0b13.8b12.9b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(583.5m)(762.2m)(737.5k)(240.0m)

Accounts Payable

(2.6m)6.4m27.4m3.1m

Cash From Operating Activities

212.9m245.1m(77.3m)(14.0m)

Purchases of PP&E

(324.5m)(318.2m)(296.4m)(314.7m)
USDY, 2016

EV/EBIT

13.1 x

EV/CFO

-1.4 k x

Revenue/Employee

335.5k

Debt/Equity

-1.9 x

Debt/Assets

1.6 x

Financial Leverage

-1.2 x
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iHeartMedia Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Stuff MediaSeptember 13, 2018$55 m
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iHeartMedia Online and Social Media Presence

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iHeartMedia News and Updates

The Wall Street Journal: iHeartMedia gets approval to emerge from bankruptcy

A bankruptcy court judge on Tuesday confirmed iHeartMedia Inc.’s restructuring plan that allows the company to slash its debt load and hand over control to a group of bondholders.

Empire State Building And Interscope Records, Along With iHeartMedia, Promise A "White Christmas" With Annual Holiday Music-To-Light Show Featuring OneRepublic

NEW YORK, Dec. 17, 2018 /PRNewswire/ -- Empire State Realty Trust, Inc. (NYSE: ESRT) and iHeartMedia today announced that the annual Empire State Building (ESB) holiday music-to-light show will feature Interscope artist OneRepublic's newly released version of White Christmas....

St. Jude Children's Research Hospital® and iHeartMedia set radiothon fundraising record with more than $7 million in donations

MEMPHIS, Tenn., Dec. 17, 2018 /PRNewswire/ -- St. Jude Children's Research Hospital® partner iHeartMedia mobilized 35 radio stations across the country and collectively raised more than $7 million during its annual Country Cares for St. Jude Kids national radiothon Dec. 6-7, shattering...

Music on Demand - Global Markets to 2022: Apple, CBC/Radio-Canada, Deezer, iHeartMedia, Pandora Media, and Spotify are Dominating

DUBLIN, Dec. 6, 2018 /PRNewswire/ -- The "Global Music on Demand Market 2018-2022" report has been added to ResearchAndMarkets.com's offering. The global music on demand market will register a CAGR of almost 12.37% by 2022. One trend affecting this market is the emergence of multi-room...

iHeartMedia to acquire radio adtech company Jelli

Radio giant iHeartMedia announced today that it’s reached an agreement to acquire Jelli, a company bringing programmatic ad-buying to radio broadcasters. In fact, iHeartMedia was already working with Jelli to allow businesses to use progrmamatic tools to buy advertising on the company’s 850 broadcas…

Apple Music's next acquisition may be iHeartMedia

iHeartApple? Apple is considering a significant investment in the radio group iHeartMedia, the Financial Times reported Thursday. That could reportedly mean a multi-million dollar equity stake or marketing partnership. But the deal is not finalized. SEE ALSO: Apple Music's new Top 100 charts cover…
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iHeartMedia Blogs

Clear Channel Outdoor Holdings, Inc. Announces Upsize and Pricing of Offering of 9.25% Senior Subordinated Notes Due 2024 by its Subsidiary Clear Channel Worldwide Holdings, Inc.

Clear Channel Outdoor Holdings, Inc. Announces Upsize and Pricing of Offering of 9.25% Senior Subordinated Notes Due 2024 by its Subsidiary Clear Channel Worldwide Holdings, Inc. iHeartMedia Thu, 02/07/2019 - 20:21 San Antonio, TX, February 7, 2019 – Clear Channel Outdoor Holdings, Inc…

Clear Channel Outdoor Holdings, Inc. Announces New Post-Emergence Board of Directors

Clear Channel Outdoor Holdings, Inc. Announces New Post-Emergence Board of Directors AlisonHemmings Mon, 02/04/2019 - 14:41 New Board Will Bring Broad, Global Expertise to Position the New Company for Future Growth New York, NY and San Antonio, TX – February 4, 2019 –Clear Channel Outd…

Ron Burgundy Finally Figures Out What a Podcast Is— Just in Time to Launch “The Ron Burgundy Podcast” with iHeartRadio Co-Produced by Funny Or Die

Ron Burgundy Finally Figures Out What a Podcast Is— Just in Time to Launch “The Ron Burgundy Podcast” with iHeartRadio Co-Produced by Funny Or Die AlisonHemmings Thu, 01/31/2019 - 15:56 Official Trailer Debuts Today and First Episode Premieres February 7   NEW YORK– January 31, 2019 – …

iHeartMedia Brings Together Country Music’s Biggest Superstars For The 2019 ‘iHeartCountry Festival’

iHeartMedia Brings Together Country Music’s Biggest Superstars For The 2019 ‘iHeartCountry Festival’ DanielleVitucc… Tue, 01/29/2019 - 15:05 Tim McGraw, Florida Georgia Line, Dan + Shay, Luke Combs, Little Big Town, Lauren Alaina, Old Dominion, Chris Janson, Bobby Bones & The Ragin…

iHeartMedia Promotes Jon Zellner to President of Programming Operations For Its National Programming Group

iHeartMedia Promotes Jon Zellner to President of Programming Operations For Its National Programming Group AlisonHemmings Tue, 01/29/2019 - 14:05 NEW YORK – January 29, 2019 – iHeartMedia announced today that Jon Zellner has been named President of Programming Operations for its Nation…

iHeartMedia Promotes Brad Hardin to Chief Operating Officer For its National Programming Group

iHeartMedia Promotes Brad Hardin to Chief Operating Officer For its National Programming Group AlisonHemmings Fri, 01/25/2019 - 14:16 NEW YORK – January 25, 2019 – iHeartMedia announced today that Brad Hardin has been named Chief Operating Officer of its National Programming Group, eff…
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iHeartMedia Company Life and Culture

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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 Bressler and Wendy Goldberg.

  • How many employees does iHeartMedia have?

    iHeartMedia has 18,700 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 $335.5 k.

  • Who are iHeartMedia competitors?

    Competitors of iHeartMedia include News Corp, Sirius XM and Pandora.

  • Where is iHeartMedia headquarters?

    iHeartMedia headquarters is located at 200 East Basse Road, San Antonio.

  • Where are iHeartMedia offices?

    iHeartMedia has offices in San Antonio, Atlanta, Douglasville, Crossville and in 2 other locations.

  • How many offices does iHeartMedia have?

    iHeartMedia has 6 offices.