Tag: Bob Pittman
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iHeartMedia Names Eddie Martiny And John Karpinski Division Presidents
In a memo to staff, CEO Bob Pittman and President/COO/CFO Richard Bressler revealed the restructuring.
iHeartMedia Reports First Revenue Uptick Since 2022 During Second Quarter
Digital audio revenue represented 31% of the company's total for the quarter.
iHeartMedia Revenue Dropped 4% in 2023, Podcast Revenue Up 14%
“We expect to see a significant year-over-year improvement in our 2024 financial performance, supported by our ongoing efficiency efforts and what is anticipated to be a record-setting political advertising year.”
Bob Pittman: iHeartMedia ‘Will Be Back in Growth Mode in 2024’
Pittman added that he "remains confident that both the advertising marketplace and our company will be back in growth mode in 2024."
Real Time Bidding Comes to Radio Sales
"The radio ad sales market is transforming profoundly, with real-time bidding and audience-centric approaches taking center stage."
The Only Path Forward For News Radio is Strong Personalities
Radio’s competitive advantage remains its people. And when it comes to personality, no format owns that right now more so than News/Talk
Bob Pittman: iHeartMedia Won’t Be Shutting Down Broadcast Stations
"90% of Americans listen to iHeart broadcast radio stations every month. To put that in context, the biggest TV network reaches less than 40% of Americans and the big streaming music services reach less than 30%."
Leaked Memo Details iHeartMedia Cost-Cutting Plans
"Our goal is to do everything we can to get through this challenging economic time while protecting our employee base as much as possible."
iHeartMedia Revenue Rises More Than 10%
iHeartMedia is reporting second-quarter revenue growth of 10.7% year-to-year.
The Future Becomes The Present at CES
"After spending a week at CES I'm excited, curious, optimistic, and cautious about the future."