iHeartMedia

iHeartMedia, Inc.
Formerly	CC Media Holdings, Inc.; (iHeartMedia, Inc. holding company);
Company type	Public
Traded as	Nasdaq: IHRT (Class A Common Stock); OTC Pink Current: IHRTB (Class B Common Stock)
Industry	Radio broadcasting; Podcasting, Digital media; live events;
Founded	1972 (Clear Channel Communications subsidiary); 2014 (iHeartMedia, Inc. holding company);
Founders	Lowry Mays; Red McCombs;
Headquarters	San Antonio, Texas, U.S.
Key people	Bob Pittman (chairman and CEO); Greg Ashlock; (CEO, Multiplatform Group); Conal Byrne; (CEO, Digital Audio Group);
Revenue	US$2.6 billion (2019)
Operating income	US$506.7 million (2019)
Net income	US$113 million (2019)
Total assets	US$11 billion (2019)
Total equity	US$2.9 billion (2019)
Number of employees	9,588 (2021)
Divisions	iHeartMedia (sans "Inc." suffix; formerly Clear Channel Media and Entertainment, Clear Channel Radio, et al.)
Subsidiaries	Broader Media, LLC; iHeartCommunications, Inc.; iHeartMedia and Entertainment, Inc.; iHeartMedia Capital I, LLC; Voxnest, Inc.;
Website	iheartmedia.com

iHeartMedia, Inc., or CC Media Holdings, Inc., is an American mass media corporation headquartered in San Antonio, Texas. It is the holding company of iHeartCommunications, Inc., formerly Clear Channel Communications, Inc., a company founded by Lowry Mays and Red McCombs in 1972, and later taken private by Bain Capital and Thomas H. Lee Partners in a leveraged buyout in 2008.

As a result of the 2008 buyout, Clear Channel Communications, Inc. became a wholly owned subsidiary of CC Media Holdings, Inc. On September 16, 2014, CC Media Holdings, Inc. was rebranded iHeartMedia, Inc., and Clear Channel Communications, Inc., became iHeartCommunications, Inc.

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