iHeartMedia
iHeartMedia
Industry
About iHeartMedia
iHeartMedia Inc is an equity in the USA market. The price is currently 1.95 USD with a change of 0.06 USD (0.03%) from the previous close. The latest open price was 1.88 USD and the intraday volume is 539,763. The intraday high is 2.04 USD and the intraday low is 1.86 USD. The latest trade time is Thursday, July 3, 14:15:00 PDT.
iHeartMedia, Inc. is a leading American mass media corporation specializing in audio content including radio broadcasting, podcasting, digital media, and live events.
Headquartered in Upper Darby, PA, USA, the company operates over 860 live broadcast stations, making it the largest radio station group owner in the United States. It reaches more than 110 million listeners weekly, with a monthly audience of 276 million.
Company Operations
The company's operations are organized into three primary segments:
- Multiplatform Group: Includes broadcast radio stations, sponsorships, live and virtual events, and Premiere Networks, a national radio network distributing syndicated programs.
- Digital Audio Group: Focuses on podcasting, digital sites, newsletters, digital services, and ad tech platforms. It manages iHeartRadio, a mobile app and web-based service offering access to radio stations, digital-only stations, custom artist stations, and podcasts.
- Audio and Media Services Group: Provides media representation services and scheduling and broadcast software, including RCS, a cloud and on-premises software suite for radio and television automation, music scheduling, newsroom automation, advertising sales management, and disaster recovery solutions.
Industry Presence
iHeartMedia is also a prominent podcast publisher with a diverse range of content. The company hosts iconic live music events, solidifying its position in the audio entertainment sector.
Financial Information
In 2024, iHeartMedia reported revenues of $3.85 billion, marking a 2.76% increase from the previous year. However, the company reported a net loss of $1.01 billion during the same period.
As of July 3, 2025, iHeartMedia's stock (NASDAQ: IHRT) is trading at $1.95 per share, reflecting a 3.19% increase from the previous close.
Locations
- Upper Darby, PA, USA (Headquarters)