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While the filing for Ch. 11 bankruptcy by iHeartMedia Inc. ( IHRTQ ) on March 14 was widely expected after missing interest payments in February and multiple exchange offers failed, the final bankruptcy reorganization plan is still up in the air. The current restructuring support agreement giv...
As was expected, iHeartMedia (IHRTQ) filed for bankruptcy this week. The company has over $20 million in debt and has been trying to negotiate with debt holders for over a year. The debt crunch finally came to a head in February and since then the company has been scurrying to negotiate a plan...
Interested in the entertainment industry or investing in entertainment stocks? If so, you’re going to want to know the following: iHeartMedia, Inc. has filed for bankruptcy. If you didn’t know, this is the parent company of iHeartRadio. Interestingly, the news that the...
A new feature: Get today's Wall Street Breakfast in podcast form. Today’s top stories: Unilever abandons the U.K., the Senate approves loosening of Dodd-Frank rules, and Disney shakes things up. If you are interested in listening to Wall Street Breakfast to start y...
Unilever is consolidating its headquarters in the Netherlands, abandoning a U.K. base it has maintained for nearly a century. While it looks like a Brexit blow to Theresa May, the move reflects "the fact that the Dutch NV represents 55% of the group's overall share capital and that...
iHeartCommunications, Inc. (“iHeartCommunications”) today announced that the private offers (the “Exchange Offers”) to holders of certain series of iHeartCommunications’ outstanding debt securities (the “Existing Notes”) to exchange the Existi...
iHeartMedia, Inc. and Certain Subsidiaries Voluntarily Commence Chapter 11 Proceedings to Implement Agreed Upon Balance Sheet Restructuring Day-to-Day Operations Will Continue as Usual During Restructuring Process Clear Channel Outdoor Holdings, Inc. and Subsidiaries Did Not Com...
IHeartMedia ( OTCPK:IHRT ) is still amid contentious restructuring talks after extensions to a forbearance pact with lenders. More news on: iHeartMedia, Inc., Read more ...
iHeartMedia ( IHRT ) investors may find themselves in for a long weekend as the company and its creditors agreed to extend a forbearance agreement until March 12 at 11:59 PM. The original agreement expired on March 7 at 11:59 PM. iHeart made the new agreement public on March 8 via an 8K filin...
LYNCHBURG, Tenn. , March 8, 2018 /PRNewswire/ -- Jack Daniel's Tennessee Fire and iHeartMedia announce the return of Rise From The Fire , a national effort to raise funds for charities that support communities that have been impacted by fire. Rise From The Fire h...
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Voting Campaign Encourages Millions of Americans to Share What Matters To Them Most When They Vote on November 3, 2020 Billie Eilish, Baratunde Thurston, Chelsea Handler, Dan Reynolds (Imagine Dragons), Dan & Shay, Darius Rucker, Diplo, DJ Khaled, Fall Out Boy, FINNEAS, French Mon...
Partnership will drive innovation and learning in creative and media strategies across all audio platforms iHeartMedia, America’s leading audio company, and WPP (NYSE: WPP), the creative transformation company, today announced the launch of Project Listen to develop...
WASHINGTON , June 7, 2019 /PRNewswire/ -- Today the Ad Council and Project Yellow Light announced the winners of the eighth annual Project Yellow Light scholarship competition. The contest calls for students to create a TV, radio or billboard PSA to educate their peers about the dang...