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iHeartMedia : Audio Up Media, iHeartMedia And Emmy Award-Winning Producer Lee Metzger Partner On Riveting New Scripted Podcast Strawberry Spring
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IHeartMedia : and Will Packer Media Debut New Scripted Podcast Series The Lower Bottoms
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iHeartMedia To Launch New Podcast Network âMy Culturaâ Elevating Latinx Voices and Stories
iHeartMedia To Launch New Podcast Network My Cultura Elevating Latinx Voices and Stories
New network will bring together and amplify well-known and new influential Latinx voices alike - including Eva Longoria, Wilmer Valderrama, Rosario Dawson, Gloria Estefan and more, with a slate of groundbreaking and culturally relevant content Lin-Manuel Miranda and Eva Longoria to provide a sneak preview of the slate with In the Heights: El Sueñito - a special limited podcast series with Lin-Manuel Miranda, hosted by Eva Longoria, launching June 2
NEW YORK -May 13, 2021 - iHeartMedia, the leading audio company in America and No. 1 podcast publisher, announced today that it will launch a new, standalone podcast venture - My Cultura, dedicated to elevating Latinx voices and creators, and sharing the Latinx experience with millions of listeners.
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iHeartMedia Revenue Falls In First Quarter, But Digital And Podcasting Again Show Promise
May 7, 2021 at 1:20 AM (PT)
Digital Growth
iHEARTMEDIA first quarter 2021 revenue fell 9.5% year-to-year to $707 million (off 7% excluding political), but the company hastened to point out that the results were better than its guidance, which predicted revenues to slide 11-13%, and credited digital for the difference. Digital Audio Group revenues rose 70% year-over-year, with podcasting revenues up 142%. Digital represented 22% of overall revenues and 39% of Adjusted EBITDA. Multiplatform Group revenues (including traditional radio, which fell 22.3%, and networks, off 14.5%) fell 20.9%, blamed on the pandemic; Audio & Media Services revenue (including KATZ) decreased 8.5% (but up 0.7% excluding political revenue).
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