iHeartMedia Files for Bankruptcy 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. The company, wh... Read More...
Bankrupt iHeartMedia Owes Musicians Millions Included in the mountains of documents filed in preparation for iHeartMedia bankruptcy are lists of unpaid bills. Alongside $20 billion in debts to bondholders were performing rights organizations, record labe... Read More...
Liberty Seeks 40% of Restructured iHeartMedia Liberty Media Corporation has loudly stepped into the conversation regarding the financial future of iHeartMedia -- on Saturday, Feb. 24, Liberty, the majority stockholder of SiriusXM submitted a lengthy term s... Read More...
Is iHeartMedia Headed for Bankrupcy? iHeartMedia's Board of Directors elected not to make a cash interest payment of $106 million to holders of its 14% senior unsecured notes due 2021 as active discussions continue among its lenders, noteholders, ... Read More...
iHeartMedia and Steve Harvey Announce Long-Term Contract Renewal iHeartMedia, the leading media company in America with a greater reach in the U.S. than any other radio or television outlet, today announced an exclusive long-term agreement with award-winning multimedia perso... Read More...
Presenting iHeartRadio On Demand iHeartMedia just announced the beta availability of iHeartRadio Plus and iHeartRadio All Access powered by Napster. This is the first service that uses on demand functionality to make radio truly interactive, a... Read More...
Atlanta Adds Another Hip Hop Station… The Beat iHeartMedia/Atlanta debuts "THE BEAT," positioned as "the new home of Hip-Hop N’ R&B for Atlanta." The simulcast is on WRDG (96.7)/Peachtree City and translator W222AF (92.3)/Marietta. Look for The Breakfas... Read More...
iHeartMedia… Follow the Money, oops Music Stream As iHeartMedia gears up for its showpiece music festival in Las Vegas this weekend, the company is readying another big event: the announcement of its own paid on-demand streaming service, a source confirms. Th... Read More...
Michael Saunders’ New/Old Beat! iHeartMedia has hired veteran programmer Michael Saunders in the dual role of PD of Urban KQBT (93.7 The Beat)/Houston and Urban Brand Coordinator for iHeartMedia's National Programming Group. Saunders join... Read More...
Bo Money Exits KQBT-Houston Bo Money has exited KQBT-Houston's 93.7 The Beat. There is no word yet on a replacement. Money commented, “Working in radio is a blessing and to work in it as many years as I have, makes me abundantly blessed.... Read More...