{"id":17972,"date":"2016-03-30T18:40:06","date_gmt":"2016-03-30T22:40:06","guid":{"rendered":"http:\/\/swling.com\/blog\/?p=17972"},"modified":"2016-03-30T19:42:20","modified_gmt":"2016-03-30T23:42:20","slug":"iheartmedia-may-collapse-under-debt-and-low-revenue","status":"publish","type":"post","link":"https:\/\/swling.com\/blog\/2016\/03\/iheartmedia-may-collapse-under-debt-and-low-revenue\/","title":{"rendered":"iHeartMedia may collapse under debt"},"content":{"rendered":"<p><a href=\"http:\/\/swling.com\/blog\/wp-content\/uploads\/2016\/03\/iHeartMedia.png\" rel=\"attachment wp-att-18002\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-18002\" src=\"http:\/\/swling.com\/blog\/wp-content\/uploads\/2016\/03\/iHeartMedia-300x300.png\" alt=\"iHeartMedia\" width=\"300\" height=\"300\" srcset=\"https:\/\/swling.com\/blog\/wp-content\/uploads\/2016\/03\/iHeartMedia-300x300.png 300w, https:\/\/swling.com\/blog\/wp-content\/uploads\/2016\/03\/iHeartMedia-150x150.png 150w, https:\/\/swling.com\/blog\/wp-content\/uploads\/2016\/03\/iHeartMedia.png 512w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>(Source: <a href=\"http:\/\/www.medialifemagazine.com\/coming-the-collapse-of-radios-iheartmedia\/\" target=\"_blank\">MediaFire<\/a>)<\/p>\n<p style=\"padding-left: 30px;\"><em>At first glance, iHeartMedia looks like the model 21st century media conglomerate, truly a colossus with interests across media: owner of 858 radio stations; Clear Channel Outdoor, one of the world\u2019s largest outdoor companies; Premier Networks, the top U.S. radio network; and iHeartRadio, among the nation\u2019s top digital music services.<\/em><\/p>\n<p style=\"padding-left: 30px;\"><em>The radio giant has a dynamic leader, Bob Pittman, the man who created MTV and widely regarded as one of the most charismatic men in media.<\/em><\/p>\n<p style=\"padding-left: 30px;\"><em>And it has glam, lots of glam. Look no further than the iHeartRadio Music Festival and other live events that draw thousands upon thousands of celebrants and endless media excitement.<\/em><\/p>\n<p style=\"padding-left: 30px;\"><em>But for all that glam, iHeart is a deeply troubled company. In fact, iHeartMedia is teetering on collapse. It\u2019s not a question of whether it collapses but when, and it\u2019s likely to come sooner rather than later. It could be within months.<\/em><\/p>\n<p style=\"padding-left: 30px;\"><em>What\u2019s going to sink iHeart is its huge debt, some $21 billion. That\u2019s more than the entire radio industry generates in ad dollars in a given year, and it\u2019s a debt iHeart appears to have zero prospects of paying off.[&#8230;]<\/em><\/p>\n<p style=\"padding-left: 30px;\"><em>iHeart\u2019s ills could not come at a worse time for radio.<\/em><\/p>\n<p style=\"padding-left: 30px;\"><em>Cumulus, the No. 2 radio company, is struggling to work through its own debt problems and could itself slide into bankruptcy. And CBS Radio was just put on the block in what\u2019s seen as a major vote of no confidence in radio\u2019s future by CBS Chairman Les Moonves.<\/em><\/p>\n<p style=\"padding-left: 30px;\"><em>One could well imagine a scenario in which all three companies are broken up and their stations all put on the market at one time, in what would prove a major disruption for the industry.[&#8230;]<\/em><\/p>\n<p style=\"padding-left: 30px; text-align: center;\"><strong><a href=\"http:\/\/www.medialifemagazine.com\/coming-the-collapse-of-radios-iheartmedia\/\" target=\"_blank\">Continue reading&#8230;<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Source: MediaFire) At first glance, iHeartMedia looks like the model 21st century media conglomerate, truly a colossus with interests across media: owner of 858 radio stations; Clear Channel Outdoor, one of the world\u2019s largest outdoor companies; Premier Networks, the top U.S. radio network; and iHeartRadio, among the nation\u2019s top digital music services. The radio giant [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[373,56,3781,433,3],"tags":[3823,4784,3822,1584,4904],"class_list":["post-17972","post","type-post","status-publish","format-standard","hentry","category-am","category-broadcasters","category-fm","category-mediumwave","category-news","tag-am-broadcast-stations","tag-am-broadcasting","tag-clear-channel","tag-fm","tag-iheart-media"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/pn3uc-4FS","jetpack-related-posts":[{"id":31237,"url":"https:\/\/swling.com\/blog\/2018\/03\/at-20-billion-in-debt-iheartmedia-files-for-bankruptcy\/","url_meta":{"origin":17972,"position":0},"title":"At $20 billion in debt, iHeartMedia files for bankruptcy","author":"Thomas","date":"March 18, 2018","format":false,"excerpt":"(Source: NPR) The \"substantial doubt\" that iHeartMedia's corporate leaders expressed around the company's likelihood of surviving another year, mentioned in its quarterly financial report last November, has been put to rest. iHeartMedia, the country's largest radio broadcaster with around 850 stations and a leading outdoor advertising company, is filing for\u2026","rel":"","context":"In &quot;AM&quot;","block_context":{"text":"AM","link":"https:\/\/swling.com\/blog\/category\/am\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2017\/08\/AM-Radio-Tower-Dark.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2017\/08\/AM-Radio-Tower-Dark.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2017\/08\/AM-Radio-Tower-Dark.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2017\/08\/AM-Radio-Tower-Dark.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":61040,"url":"https:\/\/swling.com\/blog\/2024\/11\/channel-6-fm-radio-stations\/","url_meta":{"origin":17972,"position":1},"title":"Channel 6 FM Radio Stations","author":"Thomas","date":"November 10, 2024","format":false,"excerpt":"Many thanks to\u00a0SWLing Post\u00a0contributor,\u00a0Bob Colegrove, who shares the following guest post: Channel 6 Radio Stations By Bob Colegrove Even after all these years, I still find occasional surprises while playing with radios.\u00a0 How did I miss this one?\u00a0 I recently did what I thought was a definitive audit of the\u2026","rel":"","context":"In &quot;FM&quot;","block_context":{"text":"FM","link":"https:\/\/swling.com\/blog\/category\/fm\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2024\/11\/Fig-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2024\/11\/Fig-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2024\/11\/Fig-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2024\/11\/Fig-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2024\/11\/Fig-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":41622,"url":"https:\/\/swling.com\/blog\/2020\/01\/radio-waves-iheart-layoffs-%e2%80%a2-radio-jk-fm-%e2%80%a2-2nd-chance-for-pirates-%e2%80%a2-invisible-war\/","url_meta":{"origin":17972,"position":2},"title":"Radio Waves: iHeart Layoffs \u2022 Radio JK FM \u2022 2nd Chance for Pirates \u2022 Invisible War","author":"Thomas","date":"January 16, 2020","format":false,"excerpt":"Radio Waves:\u00a0 Stories Making Waves in the World of Radio\u00a0 Because I keep my ear to the waves, as well as receive many tips from others who do the same, I find myself privy to radio-related stories that might interest SWLing Post readers.\u00a0 To that end: Welcome to the SWLing\u2026","rel":"","context":"In &quot;News&quot;","block_context":{"text":"News","link":"https:\/\/swling.com\/blog\/category\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2019\/10\/Dial-1024x768.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2019\/10\/Dial-1024x768.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2019\/10\/Dial-1024x768.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":30172,"url":"https:\/\/swling.com\/blog\/2018\/01\/dean-seeks-input-for-his-holiday-radio-adventure\/","url_meta":{"origin":17972,"position":3},"title":"Dean seeks input for his holiday radio adventure","author":"Thomas","date":"January 14, 2018","format":false,"excerpt":"Many thanks to SWLing Post contributor, Dean Denton--our intrepid 13 year old DXer--who seeks a little input from the community. Dean writes: I am going on holiday in July this year, to Fuerteventura in Islas Canarias, near west Africa. This will be the first time I will be going on\u2026","rel":"","context":"In &quot;News&quot;","block_context":{"text":"News","link":"https:\/\/swling.com\/blog\/category\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2018\/01\/Fuerteventura-Islas-Canarias-Canary.jpeg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2018\/01\/Fuerteventura-Islas-Canarias-Canary.jpeg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2018\/01\/Fuerteventura-Islas-Canarias-Canary.jpeg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2018\/01\/Fuerteventura-Islas-Canarias-Canary.jpeg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":34623,"url":"https:\/\/swling.com\/blog\/2018\/10\/peter-tannenwald-asks-are-we-really-revitalizing-am\/","url_meta":{"origin":17972,"position":4},"title":"Peter Tannenwald asks, &#8220;Are we really &#8216;revitalizing&#8217; AM?&#8221;","author":"Thomas","date":"October 25, 2018","format":false,"excerpt":"(Source: RadioWorld via Bill Patalon) On AM revitalization, Peter Tannenwald asks, Are we really \u201crevitalizing\u201d AM, or are we walking around in circles? Late on Friday, October 5, the Federal Communications Commission (\u201cFCC\u201d) released a Second Further Notice of Proposed Rulemaking in a five-year ongoing effort to \u201crevitalize\u201d the AM\u2026","rel":"","context":"In &quot;AM&quot;","block_context":{"text":"AM","link":"https:\/\/swling.com\/blog\/category\/am\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2017\/08\/Tecsun-S-8800-AM-Local-Dial-1024x576.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2017\/08\/Tecsun-S-8800-AM-Local-Dial-1024x576.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2017\/08\/Tecsun-S-8800-AM-Local-Dial-1024x576.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":17764,"url":"https:\/\/swling.com\/blog\/2016\/03\/car-shortwave-radio\/","url_meta":{"origin":17972,"position":5},"title":"Car Shortwave Radio","author":"Robert Gulley","date":"March 11, 2016","format":false,"excerpt":"Tonight on Allan Weiner Worldwide (WBCQ\u00a0 7490 kHz coming in beautifully on my FRG-7) Allan mentioned a shortwave radio converter for car radios. 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