"Our work in building our digital assets continues to pay off; this is the sixth consecutive quarter in which the Digital Audio Group Adjusted EBITDA is larger than the Multiplatform Group Adjusted EBITDA.”
Tubi, an ad-supported streaming service, and iHeartMedia have announced a partnership to bring “The Breakfast Club” radio show and podcast to Tubi viewers.
Many in the news media marveled at the news Sunday afternoon, expressing surprise over the announcement. Other took a victory lap, claiming they had predicted the outcome.