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.

Type
Public
HQ
San Antonio, US
Founded
1972
Size (employees)
18,700 (est)
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

iHeartMedia Office Locations

iHeartMedia has offices in San Antonio, New York, Albuquerque, 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 Financials

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)

6.3 b

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

0.5%

Net income (FY, 2016)

(240 m)

EBIT (FY, 2016)

1.5 b

Market capitalization (31-Oct-2017)

121.9 m

Closing share price (31-Oct-2017)

1.5

Cash (31-Dec-2016)

845 m

EV

19.6 b
iHeartMedia's current market capitalization is $121.9 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

6.2 b6.3 b6.2 b6.3 b

Revenue growth, %

1%(1%)1%

EBIT

1 b1.1 b1.1 b1.5 b

EBIT margin, %

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

Cash

708.2 m457 m772.7 m845 m

Current Assets

2.5 b2.2 b2.8 b2.5 b

Goodwill

4.2 b4.2 b4.1 b4.1 b

Total Assets

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

Net Income

(583.5 m)(762.2 m)(737.5 k)(240 m)

Accounts Payable

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

Cash From Operating Activities

212.9 m245.1 m(77.3 m)(14 m)

Purchases of PP&E

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

EV/EBIT

13.1 x

EV/CFO

-1.4 k x

Revenue/Employee

335.5 k

Debt/Equity

-1.9 x

Debt/Assets

1.6 x

Financial Leverage

-1.2 x
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iHeartMedia News and Updates

Largest U.S. radio company iHeartMedia files for bankruptcy: Reuters

IHeartMedia Inc filed for Chapter 11 bankruptcy on Thursday as the largest U.S. radio station owner reached an in-principle agreement with creditors to restructure its overwhelming debt load, Reuters reported.

Lenders extend debt deadline for U.S. broadcaster iHeartMedia: Reuters

Lenders to IHeartMedia Inc have agreed to give the largest U.S. radio broadcaster through Wednesday to try to reach a deal to restructure its $20 billion in debt, Reuters reported.
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