kids encyclopedia robot

iHeartMedia, Inc. facts for kids

Kids Encyclopedia Facts
iHeartMedia, Inc.
Industry Mass media
Predecessor CC Media Holdings, Inc.
Founded 2008
Headquarters ,
Key people
Bob Pittman, Chairman/CEO
Products Radio broadcasting, outdoor advertising
Revenue Increase US$ 6.246 billion (2012)
Operating income
Increase US$ 1.070 billion (2012)
Decrease US$ -424.4 million (2012)
Total assets
  • Decrease US$ 15.097 billion (2013)
  • Decrease US$ 16.292 billion (2012)
Total equity Decrease US$ -8.299 billion (2012)
Owner Bain Capital, LLC
Thomas H. Lee Partners, LP
Number of employees
20,800 (Dec 2012)
Divisions iHeartMedia
(formerly Clear Channel Media and Entertainment)
Subsidiaries iHeartCommunications, Inc.
iHeartMedia and Entertainment, Inc.
iHeartMedia Capital I, LLC
Clear Channel Outdoor Holdings, Inc.

iHeartMedia, Inc. (known in the past as CC Media Holdings, Inc.) is a radio organization that was established in 1972. It was then taken as a private company in 2008. It is the holding company of iHeartCommunications, Inc. (used to be known as Clear Channel Communications). It owns more than 850 AM radio and FM radio stations through the United States alone.

On September 16, 2014, CC Media Holdings changed their name to iHeartMedia, Inc., while Clear Channel Communications became iHeartCommunications, Inc.

Images for kids