iHeartMedia
American mass media corporation / From Wikipedia, the free encyclopedia
iHeartMedia, Inc. (known in the past as CC Media Holdings, Inc.) is a radio organization that was established in 1972. It was then taken as a private company in 2008. It is the holding company of iHeartCommunications, Inc. (used to be known as Clear Channel Communications). It owns more than 850 AM radio and FM radio stations through the United States alone.
Quick Facts Company type, Traded as ...
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Company type | Private |
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OTCQB: IHRT | |
Industry | Mass media |
Predecessor | CC Media Holdings, Inc. |
Founded | 2008 |
Headquarters | , |
Key people | Bob Pittman, Chairman/CEO[1] |
Products | Radio broadcasting, outdoor advertising |
Revenue | ![]() |
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Total assets | |
Total equity | ![]() |
Owner | Bain Capital, LLC Thomas H. Lee Partners, LP |
Number of employees | 20,800 (Dec 2012)[4] |
Divisions | iHeartMedia (formerly Clear Channel Media and Entertainment) |
Subsidiaries | iHeartCommunications, Inc. iHeartMedia and Entertainment, Inc. iHeartMedia Capital I, LLC Clear Channel Outdoor Holdings, Inc. |
Website | iheartmedia |
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On September 16, 2014, CC Media Holdings changed their name to iHeartMedia, Inc., while Clear Channel Communications became iHeartCommunications, Inc.[5][6]