Still Life Left in Radio? iHeart Media Has Filed for IPO

iHeart Media (the US Radio Group) has filed an IPO in the USA that could raise up to $100 million. The news comes just a couple of months after the company won approval for its financial restructuring plans, having filed for bankruptcy protection in March 2018.

iHeart is claiming 275 million monthly listeners all based on iHeartMedia’s network of 848 live broadcast-radio stations, but also its iHeartRadio streaming app.

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