iHeartMedia

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iHeartMedia, Inc.
Company typePrivate
OTCQBIHRT
Headquarters,
Key people
Bob Pittman, Chairman/CEO[1]
ProductsRadio broadcasting, outdoor advertising
Total equityDecrease US$ -8.299 billion (2012)[2]
OwnerBain Capital, LLC
Thomas H. Lee Partners, LP
DivisionsiHeartMedia
(formerly Clear Channel Media and Entertainment)
SubsidiariesiHeartCommunications, Inc.
iHeartMedia and Entertainment, Inc.
iHeartMedia Capital I, LLC
Clear Channel Outdoor Holdings, Inc.
Websiteiheartmedia.com

iHeartMedia, Inc. (known in the past as CC Media Holdings, Inc.) is a radio organization that was established in 1972. It was then taken as a private company in 2008. It is the holding company of iHeartCommunications, Inc. (used to be known as Clear Channel Communications). It owns more than 850 AM radio and FM radio stations through the United States alone.

On September 16, 2014, CC Media Holdings changed their name to iHeartMedia, Inc., while Clear Channel Communications became iHeartCommunications, Inc.[5][6]

IHeartMedia Media

References

  1. Billboard staff. Clear Channel's John Hogan Retires, Bob Pittman's Contract Extended. Billboard.com (January 13, 2014)Billboard. Retrieved July 29, 2014.
  2. 2.0 2.1 2.2 2.3 CC Media Holdings, Inc. Revenue, Credit Rating, and Other Financial Data. Hoovers.com (2013)Hoovers Inc. Retrieved August 31, 2013.
  3. 3.0 3.1 CLEAR CHANNEL COMMUNICATIONS INC 2013 Annual Report Form (10-K) (February 20, 2014)United States Securities and Exchange Commission.
  4. Clear Channel Communications, Form 10-K, Annual Report, Filing Date Feb 19, 2013secdatabase.com. Retrieved Mar 26, 2013.
  5. Sisario, Ben. Clear Channel Renames Itself iHeartMedia, in an Embrace of the Digital. NYTimes.com (September 16, 2014)The New York Times Company. Retrieved September 16, 2014.
  6. Press Release. Clear Channel Becomes iHeartMedia. ClearChannel.com (September 16, 2014)iHeartMedia, Inc. Retrieved September 16, 2014.

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