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Artist and consumer rights organizations petition Justice Department to block Liberty Media/iHeart deal

Liberty Media is a powerful force in music, with holdings in Sirius XM, Pandora, and Live Nation/Ticketmaster. After the Sirius XM and Pandora deal closed, the rumors turned next to Liberty having an interest in iHeartMedia. A group of consumer rights advocates and an artists’ rights organization have teamed up to send a letter to the Justice Department to oppose that possible acquisition. Continue Reading

iHeartMedia introduces new podcast of commencement wisdom for 2020 graduates

iHeartMedia’s latest new podcast is an effort to recapture a note of normalcy for students. The new show is titled Commencement: Speeches for the Class of 2020. Each episode will feature insights and advice from celebrity speakers aimed at high school and college students who will not have graduation ceremonies because of the coronavirus pandemic. Continue Reading

iHeartMedia cites “strong audience and revenue growth” for podcasting in coronavirus financial update

iHeartMedia released a lengthy and bullet-point-heavy financial update meant to reassure investors during coronavirus uncertainty. Podcasting is positioned as the leading digital business, with listening growth continuing during apotentially prolonged coronavirus emergency. Other digital assets are highlighted. Continue Reading