IHRTB OTC

iHeartMedia, Inc. operates as a global enterprise within the media and entertainment industry. Its operations are structured into three primary divisions: the Multiplatform Group, the Digital Audio Group, and the Audio & Media Services Group. The Multiplatform Group encompasses broadcast radio stations, sponsorship opportunities, and the organization of live and virtual events. It oversees Premiere Networks, a national radio network responsible for creating, distributing, or representing approximately 120 syndicated radio programs and services to roughly 6,400 affiliated stations. Furthermore, this segment provides real-time information such as traffic conditions, incident reports, weather updates, sports scores, and news, delivered through about 2,100 radio stations, 170 television affiliates, and various internet and mobile partnerships. As of December 31, 2021, the Multiplatform Group owned a total of 863 radio stations, specifically 249 AM and 614 FM stations. The Digital Audio Group focuses on offering podcasting services, digital platforms, newsletters, and a variety of digital services and programs. A significant component of this group is iHeartRadio, a mobile application and web-based service that grants access to conventional radio stations, digital-exclusive stations, personalized artist channels, and podcasts. The Audio and Media Services Group specializes in media representation activities. This segment also furnishes extensive cloud-based and on-premise broadcast software solutions, including automation systems for radio and television, music scheduling, newsroom automation, advertising sales management, and disaster recovery. Additionally, it provides real-time audio recognition technology. These services are supplied to approximately 10,000 radio and television stations, cable channels, record labels, advertisers, and agencies, alongside offering media streaming and research capabilities. The company, originally named CC Media Holdings, Inc., rebranded as iHeartMedia, Inc. in September 2014. Its corporate headquarters are located in San Antonio, Texas.