Liberty Media offers $1.16bn for 40% iHeartMedia stake

US radio group iHeartMedia is battling to restructure its debts in order to avoid bankruptcy, and its latest potential saviour is a fascinating one: Liberty Media. That’s the same Liberty Media that’s the majority owner of satellite-radio firm SiriusXM, which recently acquired a $480m stake in Pandora, which competes directly with iHeartMedia’s iHeartRadio service. The […]

iHeartRadio launches entertainment show on Facebook

The latest music brand looking to make use of video on Facebook is iHeartRadio. The US streaming service has launched a TV-style chat-show called ‘iHeartNow with Elvis Duran’, fronted by one of its most popular DJs. The show will see Duran interviewing musicians and celebrities, kicking off with former Fifth Harmony singer turned solo-star Camila […]

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