Iheartmedia, Inc. Company Profile

Aggregated data from the web about Iheartmedia, Inc.
Company Name Iheartmedia, Inc.
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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