iHeart will distribute podcasts currently produced by the league’s media division. The two parties will also team up to produce and distribute podcasts currently in the works.
It closes on the $230 million sale of the digital audio/podcast company to iHeartMedia.
The $230 million sale of the audio tech/services provider follows Scripps’ sale of its Stitcher podcast company last October.
Fox Soul, iHeartMedia, and Motown Records today have partnered to produce Motown Countdown with iHeartRadio’s Angela Yee, co-host of iHeartMedia’s nationally syndicated radio show, The Breakfast Club. This live, four-part limited series will broadcast on FoxSoul.tv each Tuesday in July at 10 p.m. ET with its debut on July 7. James DuBose, head of programming for Fox […]
Promoting Tyga’s new album, Legendary, iHeartMedia will host iHeartRadio Live with Tyga at the iHeartRadio Theater in Los Angeles on June 5 and a concert and interview will also be livestreamed on all Fox Television Stations websites.
The largest U.S. radio company filed for Chapter 11 bankruptcy protection as it struggles to deal with its $20 billion debt pile.
Embattled iHeartMedia Inc. is circulating documents for a bankruptcy filing that could come as soon as this weekend for the biggest U.S. radio broadcaster. Advisers to some of iHeart’s senior creditors have been shown bankruptcy papers that would be used on the first day of court proceedings, according to people with knowledge of the matter.
Certain lenders and noteholders of iHeart Media on Monday said John Malone’s Liberty Media proposed to buy a 40% stake in a restructured version of iHeart for $1.16 billion. The offer comes less than a month after struggling radio station owner iHeart skipped a $106 million interest payment, triggering a 30-day grace period to buy more time to restructure its $20 billion debt and avoid bankruptcy.
A man demanding to hear a song by the Insane Clown Posse on IHeart Media’s WXKS-FM (Kiss 108) was arrested after a tense standoff with police Monday afternoon. During the incident, police pulled an ax and several large knives from the man’s car. “He was just out of his mind, absolutely out of his mind the entire time,” said a witness.
The new suite of data-driven products is designed to serve both the audio and video marketplaces in the digital ad marketplace.
Radio hasn’t historically been the first stop for candidates seeking voters. But for the 2016 election cycle, iHeartMedia is looking to get a bigger chunk of political ad dollars by stealing share from TV, leaning on data and targeting to drive spending its way.
Sinclair will air UNCF An Evening of Stars in all of its 78 television markets, reaching almost 40% of the country, beginning on June 6. In addition, in each of Sinclair’s news markets where there is a historically black college or university (HBCU), Sinclair will produce a news feature on that school leading up to the show. iHeartMedia will begin promoting Sinclair’s broadcast of the UNCF television show on 156 of its radio stations in Sinclair’s markets starting the week of June 1.