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IHeartMedia filed for bankruptcy as the largest U.S. radio station owner reached an agreement with creditors to restructure its overwhelming debt load.
iHeartMedia, Inc., or CC Media Holdings, Inc., is an American mass media corporation headquartered in San Antonio, Texas. [2] It is the holding company of iHeartCommunications, Inc., formerly Clear Channel Communications, Inc., a company founded by Lowry Mays and Red McCombs in 1972, and later taken private by Bain Capital and Thomas H. Lee Partners in a leveraged buyout in 2008.
iHeartRadio (often shortened to just "iHeart") is an American freemium broadcast, podcast, radio streaming and Music Streaming platform owned by iHeartMedia. [1] [2] It was founded in August 2008 and iHeartRadio serves as the national umbrella brand for iHeartMedia's radio network, the largest radio broadcaster in the United States with 128 million registered users as of 2019 and its other ...
The following is a list of radio stations owned by Audacy, Inc. As of June 2023, Audacy (then known as Entercom) operates 227 radio stations in 45 media markets across the United States.
Audacy, the troubled radio and audio-streaming company, said Sunday it filed plans for Chapter 11 bankruptcy reorganization to slash its debt. Audacy is the second-largest radio broadcaster in the ...
Cumulus Media was established in August 1998 by radio consultant Lewis Dickey Jr. and media and technology entrepreneur Richard Weening. The Telecommunications Act of 1996, among other legislation, relaxed media ownership restrictions, allowing a single owner to possess or control an unprecedented number of radio stations per market and nationwide.
Audacy — the radio platform that owns L.A. stations KROQ, KRTH, KNX and the Wave, among others — filed for Chapter 11 bankruptcy, the company announced Sunday.
The following is a list of radio stations currently owned by iHeartMedia.Of these stations, 448 of the stations which are outside the Top 100 DMA markets, plus another 91 stations which may or may not be in the top 100 DMAs are for sale.