Name | Value |
---|---|
Revenues | 929.1M |
Cost of Revenue | 486.4M |
Gross Profit | 442.7M |
Operating Expense | 431.6M |
Operating I/L | 11.1M |
Other Income/Expense | -1,017.0M |
Interest Income | 0.0M |
Pretax | -1,005.9M |
Income Tax Expense | -24.0M |
Net Income/Loss | -981.7M |
iHeartMedia, Inc. is a global media and entertainment company with three main segments. The Multiplatform Group operates broadcast radio stations, live events, and a national radio network. The Digital Audio Group provides podcasting, digital services, and the iHeartRadio app. The Audio & Media Services Group offers media representation and broadcast software to radio and television stations, cable channels, and advertisers. The company generates revenue through sponsorship, syndicated radio programs, digital advertising, and media representation services.