iHeartMedia

iHeartMedia Defaults on 20.6 Billion Loan, Self-Imposed Bankruptcy
iHeartMedia Defaults on 20.6 Billion Loan, Self-Imposed Bankruptcy
iHeartMedia Defaults on 20.6 Billion Loan, Self-Imposed Bankruptcy
It's 1,700 pages of litigation between iHeartMedia Inc. and a group of its investors, that want their money back.  iHeart has technically defaulted on its debt, while continuing to do business as normal. According to the San Antonio Express, the San Antonio operated iHeartMedia “could ultimately force iHeart to file for bankruptcy,” the company said in its lawsuit filed in state district court...
iHeartMedia To Sell the “Clear Channel” Name ?
iHeartMedia To Sell the “Clear Channel” Name ?
iHeartMedia To Sell the “Clear Channel” Name ?
"Clear Channel" according to the Urban Dictionary, is "the reason why radio sucks and the blame for high concert ticket prices."  iHeartMedia is selling it's old name (Clear Channel) to it's parent company, or basically itself, says Inside Radio...