iHeartMedia

The largest American radio broadcaster, iHeart Media, said Wednesday it has reached an agreement in principle with its debt holders and financial sponsors that would allow it to continue operating its business, The Wall Street Journal reported. What Happened The agreement allows iHeartRadio...

While consumers still love radio, analysts and investors consider it a highly fragmented industry with low growth. However, Bob Pittman, iHeartMedia Inc (OTC: IHRT) CEO, begs to differ. Pittman was on CNBC Wednesday to discuss why he thinks the radio industry overall is undervalued. Better...