How are iHeartMedia’s businesses organized?
The Multiplatform Group includes broadcast radio stations, national advertising sales and live and virtual events. It also contains Premiere Networks, traffic and weather services, and the Black Information Network. The Digital Audio Group combines podcasting with the iHeartRadio digital service, websites and other digital products. This structure separates traditional broadcast activities from the company's digital audio businesses while allowing both to serve advertising customers. [1]
What does the services business add?
Audio & Media Services includes Katz Media Group, which represents media companies to advertisers, and RCS, which supplies broadcast and webcast software. iHeartMedia therefore participates in audio through both consumer programming and services used by other media businesses. Its reporting separates podcast revenue and other digital revenue from the Multiplatform Group, giving readers a clearer way to follow the transition in listening and advertising without treating all audio activity as one undifferentiated market. [1]
In the Global Entertainment Index
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0.91% target weight at rebalance. Weights drift between rebalances; this is not a live portfolio weight.
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Sources & review
Company facts use the primary sources below. Market classification and performance come from the Index. Ownership is a parent-group summary, not a complete beneficial-ownership analysis.