Tag Archives for " iHeartMedia "
March 28, 2018
iHeartMedia Owes Music Companies $38 Million
Last week I posted about iHeartMedia’s chapter 11 bankruptcy in which it was attempting to wipe out $10 billion worth of its $20 billion debt so it could carry on operations. Although various music companies are owned just a small portion of that amount, its still a significant $38 million, and that’s money that’s not […]
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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 […]
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