New Chapter 11 Filing - iHeartMedia Inc.

Mar 15, 2018

∙ Paid

iHeartMedia Inc.

3/14/18

iHeartMedia Inc., a leading global media company specializing in radio, outdoor, mobile, social, live media, on-demand entertainment and more, has filed for bankruptcy -- finally succumbing to its $20 billion of debt ($16 billion funded) and $1.4 billion of cash interest in 2017. WOWSERS. The company purports to have "an agreement…

Keep reading with a 7-day free trial

Subscribe to PETITION to keep reading this post and get 7 days of free access to the full post archives.