Tag Archives for " Clear Channel "

iHeartRadio Needs $6 Billion To Pay Back Loans

iheartradio

The largest radio station ownership group is in big financial trouble. iHeartRadio, which owns over 850 terrestrial radio stations, is struggling as it’s projected to lose more than $80 million this year and has threatened bankruptcy. That has spooked the investors that loaned the company more than $6 billion, and now they want their money. Actually, […]

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