Tag Archives for " Clear Channel "
March 16, 2018
iHeartMedia Finally Files For Bankruptcy
It just goes to show the state that radio is in these days when iHeartMedia, the largest station group in the United States, needs to files for bankruptcy protection. The company formerly known as Clear Channel, which owns 858 stations as well as well as the iHeartRadio digital streaming venture, had been stymied under the […]
Continue reading
August 5, 2016
iHeartRadio Needs $6 Billion To Pay Back Loans
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, […]
Continue reading