iHeartMedia is reporting second quarter revenue growth of 10.7% year-to-year. The company brought in $954 million, with broadcast radio seeing an increase of 4.5% to $633.3 million.
“As the #1 audio company in America across broadcast radio, digital radio and podcasting — and the largest consumer reach audio company in the U.S. by far, we remain committed to building our businesses for future growth and continuing to deliver both trusted companionship to our listeners and significant and unique value to our advertising partners,” Chairman and CEO Bob Pittman said.
Digital revenue grew 27.6% to $252.6 million. The company pointed to a 60.4% increase in podcast revenue, to $85.7 million, as the biggest driver of digital growth.
The company’s live event revenue was up 33.2%, bringing in $38.1 million in revenue from April through June.
