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iHeartMedia, Inc. facts for kids

Kids Encyclopedia Facts
iHeartMedia, Inc.
Private
Traded as OTCQB: IHRT
Industry Mass media
Predecessor CC Media Holdings, Inc.
Founded 2008
Headquarters
San Antonio, Texas
,
United States
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

  • IHeartRadio studios in Denver

    iHeartRadio's offices and studios in Denver, Colorado, which houses KTCL, KDHT, KBCO, KRFX, KOA, KBPI, KHOW, KDFD, and KWBL

  • Billboards at dundas square

    Billboards at Yonge-Dundas Square in Toronto, owned by Clear Channel, in 2005

  • Estacio bicing bcn

    Bicing, a community bicycle program in Barcelona, Spain.