Colorado Media Newsroom
May 2nd, 2023, 10:07 PM
From Radio Online:
iHeartMedia reported first quarter revenue declined 3.8% to $811 million from $843.5 million in 2022. Broadcast revenue fell 7.7% to $32 million, driven by lower spot revenue. Operating loss was $49 million versus an operating income of $12 million. Adjusted EBITDA was down 35% to $87 million from
More... (https://news.radio-online.com/cgi-bin/rol.exe/headline_id=b17424)
iHeartMedia reported first quarter revenue declined 3.8% to $811 million from $843.5 million in 2022. Broadcast revenue fell 7.7% to $32 million, driven by lower spot revenue. Operating loss was $49 million versus an operating income of $12 million. Adjusted EBITDA was down 35% to $87 million from
More... (https://news.radio-online.com/cgi-bin/rol.exe/headline_id=b17424)