|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||0.0000 - 0.0000|
|52 Week Range|
|Beta (3Y Monthly)||1.30|
|PE Ratio (TTM)||17.71|
|Earnings Date||Feb 18, 2019 - Feb 21, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||10.00|
Demand for U.S. corporate bonds has surged after the Federal Reserve signaled that it’s done raising interest rates for now and eased investor concerns that rate hikes will choke off economic growth and crimp profits. High-grade bonds on Thursday reached their highest levels since late 2017, according to Bloomberg Barclays index data. For new offerings, investors this week put in six or eight times as many orders as there are securities for sale, about two or three times the usual levels of oversubscription.
Clear Channel Outdoor Holdings, Inc. (CCO) (the “Company”) announced today that its indirect, wholly-owned subsidiary, Clear Channel Worldwide Holdings, Inc. (“Clear Channel Worldwide”), upsized and priced an offering of $2,235.0 million aggregate principal amount of 9.25% Senior Subordinated Notes due 2024 (the “Notes”), an upsize of $35 million over the amount previously announced. The Company, its wholly-owned subsidiary Clear Channel Outdoor, Inc., and certain of the Company’s other domestic subsidiaries will guarantee the Notes. The Notes will be unsecured senior subordinated obligations that will rank junior to all of Clear Channel Worldwide’s existing and future senior debt, equally with any of Clear Channel Worldwide’s existing and future senior subordinated debt and ahead of all of Clear Channel Worldwide’s existing and future debt that expressly provides that it is subordinated to the Notes.
Clear Channel Outdoor Holdings, Inc. (CCO) (the “Company”) announced today that its indirect, wholly-owned subsidiary, Clear Channel Worldwide Holdings, Inc. (“Clear Channel Worldwide”), will offer, subject to market and customary conditions, $2,200,000,000 aggregate principal amount of Senior Subordinated Notes due 2024 (the “Notes”) in a private offering that is exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”). The Company, its wholly-owned subsidiary Clear Channel Outdoor, Inc., and certain of the Company’s other domestic subsidiaries will guarantee the Notes. The Notes will be unsecured senior subordinated obligations that will rank junior to all of Clear Channel Worldwide’s existing and future senior debt, equally with any of Clear Channel Worldwide’s existing and future senior subordinated debt and ahead of all of Clear Channel Worldwide’s existing and future debt that expressly provides that it is subordinated to the Notes.
iHeartMedia, the No. 1 commercial podcast publisher globally with over 20,000 podcasts available on its iHeartRadio platform, and Ron Burgundy, legendary newscaster and greatest podcast host of all time (as stated in his contract,) today released the official trailer for “The Ron Burgundy Podcast” which will launch February 7 on the iHeartPodcast Network. The trailer and the podcast will be available on iHeartRadio and everywhere else podcasts are heard with excerpts of the podcast distributed across iHeartRadio broadcast radio stations and via social media channels.
Tim McGraw, Florida Georgia Line, Dan and Shay, Luke Combs, Little Big Town, Lauren Alaina, Old Dominion, Chris Janson, Bobby Bones & The Raging Idiots, and Tenille Townes with
iHeartMedia, Inc. (IHRTQ) (“iHeartMedia”) today announced that the United States Bankruptcy Court for the Southern District of Texas (“the Court”) has confirmed the Company’s Plan of Reorganization (the “Plan”). The Company expects to complete its restructuring process in the first half of 2019. “iHeartMedia is America’s number one audio company, with unparalleled multi-platform capabilities across broadcast radio, podcasts, influencers, live events, social marketing, digital and data that uniquely serve the needs of digital and traditional marketers and a consumer reach in the U.S. greater than any other media outlet,” said Bob Pittman, Chairman and Chief Executive Officer of iHeartMedia, Inc. “We are delighted to reach this significant milestone in our restructuring process, which will give us a new capital structure that matches the strong operating performance of our business.
Hosted by Holly Frey, Charlamagne Tha God and Bobby Bones, Plus Livestream Host Mario Lopez With Special Guest Appearances by Mike Tyson, Dax Shepard, Jillian Michaels, Jana Kramer, Topher Grace, Dr.
NEW YORK, Jan. 17, 2019 /PRNewswire/ -- Today, the Ad Council and Project Yellow Light announced the opening of the eighth annual Project Yellow Light scholarship competition. The contest invites high school and college students nationwide to create a TV, radio or billboard PSA to educate their peers about the dangers of distracted driving, specifically texting and driving.
Good day. Vista Equity Partners is investing in Quick Base Inc. in a $1 billion-plus deal. Blackstone Group tapped General Atlantic executive Jon Korngold to spearhead a growth-equity platform for the firm.
The CW and iHeartMedia today announced a new multi-year agreement for The CW to remain the exclusive television broadcaster and video streaming partner for the star-studded two-day iHeartRadio Music Festival as well as the annual holiday iHeartRadio Jingle Ball event. The CW and iHeartMedia have been partners on these events since 2012.
iHeartMedia New York announced today the debut of iHeartRadio Broadway, home for the best of Broadway 24/7, in collaboration with Mercedes Benz as the founding partner. The new digital station is now available for Broadway fans everywhere via iHeartRadio and iHeartRadioBroadway.com. iHeartRadio Broadway will feature all the best Broadway music, content and more, streaming classic songs from original Broadway cast album soundtracks including Hamilton, Dear Evan Hansen, Chicago, Hairspray, The Phantom of the Opera, Wicked, The Band’s Visit and more.
LiveXLive Media Inc. (LIVX) ("LiveXLive"), a global digital media company focused on live entertainment, today announced a partnership with iHeartMedia to livestream the 2019 iHeartRadio ALTer Ego taking place at the historic, “Fabulous” Forum in Los Angeles on January 19, 2019. LiveXLive will announce an additional livestream in partnership with iHeartMedia in early 2019. ALTer Ego, now in its second year, will feature the biggest names in Alternative Rock including Twenty One Pilots, The Killers, Muse, Weezer, Rise Against, Bishop Briggs and The Revivalists, and the event sold out in less than a minute of being on sale to the general public.
Drake; Ed Sheeran; Maroon 5 featuring Cardi B; Post Malone; and Zedd, Maren Morris and Grey Nominated for Song of the Year at the “2019 iHeartRadio Music Awards”
iHeartMedia today announced multiple new consumer technology integrations for iHeartRadio, the company’s free all-in-one digital music, on demand, podcasting and live streaming radio service, during the 2019 Consumer Electronics Show in Las Vegas. The integrations include the Honda Dream Drive Platform, the new Bixby from Samsung, Roku devices, and Google’s Android TV and Android Auto.
iHeartMedia today released the results from a survey that provides deep insights into why radio is America’s most trusted medium. The survey found iHeartMedia’s focus on live and local programming and the deep connection on-air personalities have with listeners has led to iHeartRadio being considered the most trusted name in radio and its on-air personalities being more trusted than leading talk personalities in other media. Research continues to show that 9 out of 10 Americans listen to radio every day and the new survey revealed that 84% of respondents (people) said radio understands what is important to them, a number that is over 20% greater than network and cable television and social media.
SEATTLE, Dec. 31, 2018 /PRNewswire/ -- For the first time in the Space Needle's history, the landmark's 25th annual New Year's Eve celebration—T-Mobile New Year's at the Needle—will include a 30-minute musically-choreographed light show that begins at 10 p.m. on Monday, December 31. Over $1 million of cutting edge lighting equipment installed throughout the structure will emit brilliant colors and moving beams of light across the tower and the Seattle night sky, creating a dramatically enhanced New Year's Eve spectacle. The Space Needle, renowned for producing one of the best structure-launched fireworks displays in the world, is enhancing the New Year's Eve experience to celebrate a marquee year for the tower.
iHeartMedia, Inc. (IHRTQ) (“iHeartMedia”) and Clear Channel Outdoor Holdings, Inc. (CCO) (“CCOH”) announced that they have reached an agreement on the material terms to fully separate CCOH’s business from iHeartMedia, which currently owns 89.1% of CCOH’s outstanding common stock.
MINNEAPOLIS, Dec. 20, 2018 /PRNewswire/ -- Thanks to a strong community of devoted local listeners, iHeartMedia station K102 Minneapolis again hit the $1 million mark for a single radio event during its K102 Cares for St. Jude Kids Radiothon on Dec. 12-13. "I could not be more proud of the K102 staff, our Minneapolis-St. Paul listeners and everyone at St. Jude on this amazing accomplishment," said Jeff Tyler, iHeartMedia division president.
Country Cares for St. Jude Kids annual fundraising event nears $100 million milestone in the last decade The Bobby Bones Show Radiothon raises nearly $2 million in two days MEMPHIS, Tenn. , Dec. 17, 2018 ...
Performance-Filled Show to Air Live from Microsoft Theater in Los Angeles
One of Venezuela’s creditors has rescinded a settlement agreement with President Nicolás Maduro’s government and hired bankers to force a sale of the country’s prized U.S. crude refiner, Citgo Petroleum ...
Good day. The private-equity firm that acquired the assets of former film and television studio Weinstein Co. out of bankruptcy is grappling with the literary world’s king of horror over the rights to one of his novellas.
The legendary newscaster Ron Burgundy and iHeartMedia, the No. 1 commercial podcast publisher globally with over 20,000 podcasts available on its iHeartRadio platform—both of whom are kind of a big deal—announced today “The Ron Burgundy Podcast.” The audio series will launch on the iHeartRadio Podcast Network in early 2019 and the iconic anchorman is beside himself with glee to once again grace the world with his presence. “The Ron Burgundy Podcast” will be co-produced by Funny Or Die and is an iHeartRadio Original podcast.
iHeartMedia, Inc. (IHRTQ) (“iHeartMedia”) today announced voting results for the Company’s Fifth Amended Joint Chapter 11 Plan of Reorganization (the “Plan”). Voting results indicate that every class of creditors entitled to vote has voted to approve the Plan. More than 90% of the votes cast by creditors and shareholders who participated in the vote approved the Plan, demonstrating substantial support for, and far exceeding the votes necessary to confirm, the Plan.