iHeartMedia In The News

‘Liberty Media already has far too much control over the music ecosystem’: Artist & consumer rights groups oppose iHeart Media buyout

Collective urges DOJ to reject Liberty Media’s potential acquisition of iHeartMedia

iHeartMedia to cut costs by $250m this year, as it battles economic impact of Coronavirus

Bob Pittman: "We want our shareholders to know that we have taken immediate and proactive steps to weather this crisis."

Pro Music Rights formally recognized as performance rights organization by National Religious Broadcasters Music License Committee

Florida-based royalty collection firm formally recognized by NRBMLC

iHeartMedia furloughs employees; CEO Bob Pittman gives up $1.5m salary for remainder of 2020

Pittman earns base salary of $1.5m a year, SEC filings show

Live Nation shares bounce back as Liberty Media pays off $130m company loan

News appears to have been interpreted positively by the markets

Live Nation’s value has been slashed in half by Coronavirus – but it’s got off easy compared to iHeartMedia

iHeart's stock crashed by nearly a quarter (22%) today

Pro Music Rights sues ‘the entire music industry’ for allegedly ‘running an illegal cartel’

Lawsuit was filed in Connecticut federal court Monday (March 9)

After suing Spotify for mistreatment, independent music company files 10 copyright infringement lawsuits against YouTube, Apple and others

Apple, Google, YouTube, Amazon, SoundCloud, Pandora, Deezer, 7digital, iHeartradio and Rhapsody named as defendants