iHeartMedia files for IPO and reveals figures for iHeartRadio

When Music Ally thinks about ideal preparations for going public, bankruptcy protection isn’t high on the list. But US radio group iHeartMedia is trumping our assumptions: this week, it filed to go public, in an IPO that could raise up to $100m. The news comes just a couple of months after the company won approval for […]

iHeartMedia boss on streaming: ‘We keep it in perspective’

There’s a view being put about that on-demand music-streaming services will ultimately kill radio – admittedly, it’s being put about mainly by on-demand music-streaming services for now. What do radio moguls think about it all? Bob Pittman, CEO of iHeartMedia, has been offering a counter-view. “Between 70 and 80 percent of Spotify users say the […]

iHeartMedia buys Radiojar to power ‘pop-up’ broadcasting

US radio group iHeartMedia has announced its latest acquisition: a Greek company called Radiojar, which offers “a centralised, cloud-based audio playout platform”. According to iHeartMedia, the deal gives it “a platform to easily combine or parse individual audio elements such as DJ voice tracks, music and broadcast spots to create, manage, distribute and monetise streams, […]

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