MARKET WIRE NEWS

iHeartMedia and Audacy Announce Content Distribution Partnership

MWN-AI** Summary

iHeartMedia, the leading audio company in the U.S., has announced a significant content distribution partnership with Audacy, a prominent audio content and entertainment company. This collaboration, effective immediately, allows Audacy to expand the reach of its extensive broadcast radio portfolio, making over 240 radio brands and time-shifted podcasts available on the iHeartRadio app. This partnership enhances the accessibility of diverse content for iHeartRadio listeners.

Audacy's offerings include renowned stations such as WFAN in New York, America's most popular sports radio station, and the top All News stations like 1010 WINS, also based in New York. Additionally, the partnership showcases popular music brands, including KROQ in Los Angeles and WXRT in Chicago. By integrating Audacy’s content, iHeartRadio now supports over 500 additional platforms and more than 2,000 devices, ranging from smart speakers to gaming consoles, enhancing user experience and engagement.

Michael Biondo, President of Business Development at iHeartMedia, emphasized the importance of this partnership in maximizing radio’s presence and reinforcing the medium’s trustworthiness. Chris Oliviero, Chief Business Officer at Audacy, noted that the collaboration reflects their commitment to being omnipresent in the audio landscape.

Both companies boast impressive reach and engagement; iHeartMedia claims a significant portion of the U.S. audio audience, while Audacy engages over 200 million listeners monthly. This partnership is poised to create meaningful connections between audiences and content, while also providing valuable opportunities for advertisers. As listeners can readily access these iconic brands through the iHeartRadio app, the collaboration represents a strategic step forward in the ever-evolving audio industry.

MWN-AI** Analysis

The recent partnership between iHeartMedia and Audacy represents a significant opportunity for both companies and the larger media landscape. This strategic collaboration allows Audacy to distribute its extensive portfolio of more than 240 radio brands and time-shifted podcasts on the iHeartRadio platform, thus amplifying its audience reach and engagement.

From an investment standpoint, this alliance bolsters iHeartMedia's central position in the audio market. Being the top audio company in the U.S., iHeartMedia is already well-positioned with a broad audience base, and integrating Audacy’s renowned brands—including prominent sports and news stations—enhances its value proposition. This partnership aligns with the growing trend toward consolidated media ecosystems, which cater to increasingly demanding consumer expectations for content accessibility.

Investors should pay attention to potential revenue growth stemming from this partnership. The iHeartRadio app, now enriched by Audacy’s offerings, will likely attract new users, leading to increased advertising revenue opportunities. Furthermore, the accessibility of Audacy’s content across over 500 platforms could substantially widen its listener base, translating into improved advertising metrics.

Additionally, this merger of powerful content could strengthen both companies' bargaining positions with advertisers, consolidating their reach in a competitive digital audio advertising environment. Given that iHeartMedia boasts unrivaled engagement across multiple channels, the expansion of its content library is a favorable development.

Overall, with the continuing shift towards digital audio consumption and the partnership enhancing content variety and distribution, both iHeartMedia and Audacy are poised for growth. For investors, this collaboration signifies an ideal moment to consider positions in iHeartMedia, especially given its current dominance in the audio field and the potential for substantial returns as content consumption patterns evolve.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: Business Wire

Audacy Expands Reach of Broadcast Portfolio, Brings Iconic Brands to Listeners on the iHeartRadio app

iHeartMedia, the #1 audio company in the U.S., and Audacy, a leading audio content and entertainment company, today announced that Audacy will expand the reach of its full broadcast radio portfolio through a content distribution partnership. Effective today, Audacy’s collection of over 240 radio brands and time-shifted podcasts will now be available on iHeartRadio, iHeartMedia’s free all-in-one digital music, podcasting and live streaming radio service.

iHeartRadio listeners will now have access to Audacy's diverse and engaging content, including:

  • 28 sports brands, like WFAN (WFAN-FM/AM) in New York – America’s most-listened-to sports radio station.
  • Seven of America's top eight most-listened-to All News stations, including the most-listened-to news station, 1010 WINS (92.3 FM / WINS-AM) in New York.
  • Dozens of the country’s favorite music brands, such as the World Famous KROQ (KROQ-FM) in Los Angeles and 93XRT (WXRT-FM) in Chicago.

Through the iHeartRadio app, Audacy content will be available on more than 500 additional platforms and over 2,000 additional devices, including smart speakers, digital auto dashes, tablets, wearables, smartphones, virtual assistants, televisions and gaming consoles.

“This is an exciting day for our industry as the addition of Audacy’s stations to iHeartRadio maximizes radio’s presence across the country as the most listened to and trusted medium for audiences and consumers,” said Michael Biondo, President of Business Development and Strategic Partnerships at iHeartMedia. “This move gives our listeners even more opportunities to connect with the stations and content most relevant to them, aligning with our mission to always meet our audiences where they are and enhance their experience.”

“We believe in the power of being everywhere, and this partnership is a meaningful step in our strategy to ensure our iconic stations, talent and programming are available wherever and however audio is consumed,” said Chris Oliviero, Chief Business Officer, Audacy.

Listeners can visit iHeart.com/apps to download iHeartRadio and listen on their favorite device everywhere they go.

About Audacy

Audacy is a leading audio content and entertainment company. As champions of audio, we connect with people in the moments that matter — delivering trusted local news, passionate sports and your favorite music across 220+ radio stations, premium podcasts, live events and digital experiences that reach more than 200 million listeners every month. We create compelling content, foster deeply engaged audiences and deliver outcomes that matter for advertisers. Learn more at www.audacyinc.com and join the conversation on LinkedIn , X , Facebook and Instagram .

About iHeartMedia, Inc.

iHeartMedia, [Nasdaq: IHRT] is the leading audio media company in America, with 90% of Americans listening to iHeart broadcast radio in every month. iHeart’s broadcast radio assets alone have a larger audience in the U.S. than any other media outlet; twice the size of the next largest broadcast radio company; and over four times the ad-enabled audience of the largest digital only audio service. iHeart is the largest podcast publisher according to Podtrac, with more downloads than the next two podcast publishers combined, has the most recognizable live events across all genres of music, has the number one social footprint among audio players, with seven times more followers than the next audio media brand, and is the only fully integrated audio ad tech solution across broadcast, streaming and podcasts. The company continues to leverage its strong audience connection and unparalleled consumer reach to build new platforms, products and services. Visit iHeartMedia.com for more company information.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250630297397/en/

Media Contacts:
Angel Aristone, angelaristone@iheartmedia.com
David Heim, David.Heim@Audacy.com

FAQ**

How does the partnership between Audacy and iHeartMedia enhance the reach of both companies' content offerings, particularly given iHeartMedia Inc. IHRT's dominant position in the audio industry?

The partnership between Audacy and iHeartMedia enhances their content reach by leveraging iHeartMedia's dominant audio industry position and extensive distribution networks, enabling both companies to access a broader audience and diversify their content offerings.

What specific benefits can advertisers expect from this collaboration between iHeartMedia Inc. IHRT and Audacy in terms of audience engagement and advertising outcomes?

Advertisers can expect enhanced audience engagement and improved advertising outcomes through iHeartMedia Inc. and Audacy's collaboration, leveraging combined reach and advanced data analytics to deliver targeted campaigns that resonate more effectively with listeners.

How will the availability of Audacy’s 240+ radio brands on the iHeartRadio app impact listener engagement and consumption patterns within the audio market dominated by iHeartMedia Inc. IHRT?

The availability of Audacy's 240+ radio brands on the iHeartRadio app may enhance listener engagement and diversify consumption patterns by attracting a broader audience and providing more content options, which could challenge iHeartMedia Inc.'s dominance in the audio market.

In what ways do both Audacy and iHeartMedia Inc. IHRT plan to measure the success of this partnership in expanding their audience and enhancing listener experience across various platforms?

Audacy and iHeartMedia Inc. plan to measure the success of their partnership by analyzing audience growth metrics, listener engagement statistics, content performance across diverse platforms, and leveraging data analytics to refine strategies for enhancing the overall listener experience.

**MWN-AI FAQ is based on asking OpenAI questions about iHeartMedia Inc. (NASDAQ: IHRT).

iHeartMedia Inc.

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