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.

Employee Rating

3.0More
TypePublic
HQSan Antonio, US
Founded1972
Size (employees)18,700 (est)
Websiteiheartmedia.com
iHeartMedia was founded in 1972 and is headquartered in San Antonio, US
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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, (HQ)
200 East Basse Road
Albuquerque,
5411 Jefferson St NE
Atlanta,
700 1819 Peachtree Road Northeast
New York,
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

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…

Bankrupt iHeartMedia hopes Apple deal will bring Beats 1 to U.S. radio

A deal could bring Apple Music onto U.S. airwaves across 850 local stations, but is it realistic given iHeartMedia's precarious financial situation?

Report: Apple is considering taking a stake in radio giant iHeartMedia

Any tie-up could see Apple’s Beats 1 being distributed over the FM airwaves. The iPhone-maker has held preliminary discussions with iHeartMedia about taking an equity stake in the company, according to the Financial Times. The FT says a source has told them iHeartMedia is hoping Apple will take a st…

Apple is reportedly considering a tie-up with US radio group iHeartMedia

Talks between Apple and iHeartMedia are at a preliminary stage and no deal has been agreed, according to people with knowledge, the Financial Times said.
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iHeartMedia Blogs

The Legendary Ron Burgundy is Coming to iHeartRadio and It's Kind of a Big Deal

The Legendary Ron Burgundy is Coming to iHeartRadio and It's Kind of a Big Deal AlisonHemmings Mon, 12/03/2018 - 22:22 Launching in early 2019, “The Ron Burgundy Podcast” will be co-produced by Funny Or Die and iHeartRadio NEW YORK – December 3, 2018 – The legendary newscaster Ron Bur…

iHeartMedia Announces Overwhelming Creditor Support for Plan of Reorganization

iHeartMedia Announces Overwhelming Creditor Support for Plan of Reorganization AlisonHemmings Mon, 12/03/2018 - 15:09 San Antonio, TX, December 3, 2018 – iHeartMedia, Inc. (PINK: IHRTQ) (“iHeartMedia”) today announced voting results for the Company’s Fifth Amended Joint Chapter 11 Plan…

iHeartMedia Airs Exclusive Nationwide Band Announcement Of The Rolling Stones’ U.S. 2019 Stones – No Filter Tour

iHeartMedia Airs Exclusive Nationwide Band Announcement Of The Rolling Stones’ U.S. 2019 Stones – No Filter Tour DanielleVitucc… Mon, 11/19/2018 - 20:17 Exclusive Interviews with Mick Jagger and Keith Richards Hosted by Q104.3’s Jim Kerr Will Air on iHeartRadio Stations Nationwide on …

iHeartMedia To Acquire Jelli, Inc.

iHeartMedia To Acquire Jelli, Inc. AlisonHemmings Mon, 11/19/2018 - 16:11 Acquisition is a Key Component of iHeartMedia’s SoundPoint Programmatic Platform to Help Advertisers Build Innovative Campaigns Targeting Key Audience Segments by Leveraging the Power of Broadcast Radio’s Scale …

iHeartMedia Announces Post-Emergence Board of Directors

iHeartMedia Announces Post-Emergence Board of Directors AlisonHemmings Wed, 11/14/2018 - 21:47 New Board’s Range of Highly Relevant Knowledge and Experience Will Be Critical In Ensuring Company’s Future Success New York, NY and San Antonio, TX – November 6, 2018 – iHeartMedia, the lead…

Npr To Receive Inaugural iHeartRadio Podcast Pioneer Award At iHeartRadio Podcast Awards Presented By Capital One® On January 18

Npr To Receive Inaugural iHeartRadio Podcast Pioneer Award At iHeartRadio Podcast Awards Presented By Capital One® On January 18 AlisonHemmings Tue, 11/13/2018 - 15:54 NEW YORK – November 13, 2018 – iHeartMedia, the No. 1 commercial podcast publisher globally with over 20,000 podcasts …
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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.