Company Name | Iheartmedia, Inc. |
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Website | iheartmedia.com |
Snippet | iHeartCommunications, Inc. was founded in San Antonio, TX under the name Clear Channel Communications, Inc. with the purchase of a single radio station in 1972. After decades of growing media assets globally, the company has become one of the world’s leading media and entertainment companies, operating as iHeartMedia, Inc. iHeartMedia, Inc ... |
Type | Private (70%)[1]Public (30%)[1] |
Owners | Bain CapitalThomas H. Lee Partners |
Founded | 1972 |
Revenue | US$ 6.242 billion (2015)[3] |
Website | iheartmedia.com |
Formerly | CC Media Holdings, Inc.(iHeartMedia, Inc. holding company)Clear Channel Communications, Inc.(iHeartCommunications, Inc. subsidiary) |
Founders | Lowry MaysBilly McCombs |
Industry | Mass media |
Products | Radio broadcastingoutdoor advertising |
Divisions | iHeartMedia (sans "Inc." suffix; formerlyClear Channel Media and Entertainment,Clear Channel Radio, et al.) |
Traded as | OTC Pink Current: IHRTQ |
Key people | Bob Pittman(Chairman/CEO)[2] |
Net income | US$ −757.724 million (2015)[3] |
Headquarters | San Antonio, Texas, U.S. |
Subsidiaries | Broader Media, LLCiHeartCommunications, Inc.iHeartMedia and Entertainment, Inc.iHeartMedia Capital I, LLCClear Channel Outdoor Holdings, Inc. |
Total assets | US$ 13.821 billion (2015) [4], US$ 16.292 billion (2012) [4] |
Total equity | US$ −10.784 billion (2015)[3] |
Operating income | US$ 1.149 billion (2015)[3] |
Number of employees | 20,800 (December 2012)[5] |
Iheartmedia, Inc. is part of the United States company list
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