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iHeartRadio Has Filed For Chapter 11 Bankruptcy
Forbes ^
| 03/15/18
| Hugh McIntyre
Posted on 03/15/2018 9:23:40 AM PDT by Enlightened1
click here to read article
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To: Enlightened1
2
posted on
03/15/2018 9:24:46 AM PDT
by
DIRTYSECRET
(urope. Why do they put up with this.)
To: Enlightened1
My daughter and her husband just quit their Studio City headquarters a few months ago. But this really surprised me.
3
posted on
03/15/2018 9:25:44 AM PDT
by
robroys woman
(So you're not confused, I'm using my wife's account.)
To: Enlightened1
To: DIRTYSECRET
I sometimes listen to Rush on iHeart Radio.
5
posted on
03/15/2018 9:25:59 AM PDT
by
CMailBag
To: Enlightened1
Soon you’ll be able to pick-up your own radio station for the price of a gently used sedan.
To: CMailBag
7
posted on
03/15/2018 9:26:34 AM PDT
by
robroys woman
(So you're not confused, I'm using my wife's account.)
To: CMailBag
Come to think of it, the major local AM station here in Louisville is an iHeart station.
8
posted on
03/15/2018 9:27:10 AM PDT
by
robroys woman
(So you're not confused, I'm using my wife's account.)
To: Enlightened1
Iheart owns my local sports radio station; I wonder what will happen to it.
To: DIRTYSECRET
Yep, good. They essentially locked down free streaming of hundreds of radio stations unless you accessed the stations through iHeart's buggy spyware "app". They were going to be the monopolist broker for all radio stations. They are one of the reasons it's so hard to find streams of any of the "talkers".
To: nevadapatriot; Steve_Seattle
iHeart Radio is not going away. It’s restructuring the debt. Day-to-day operations at its radio stations will continue as usual.
11
posted on
03/15/2018 9:30:33 AM PDT
by
WXRGina
(Repeal and DON'T replace!)
To: Enlightened1
I love it....Smooth Jazz WJJZ.
12
posted on
03/15/2018 9:31:29 AM PDT
by
1217Chic
To: DIRTYSECRET
From Wikipedia:
On Friday, November 17, 2006, Clear Channel [former name of iHeart] announced that it was going private and selling off almost one-third of its radio assets, according to The Washington Post and DHM. The buyers, led by Bain Capital Partners and Thomas H. Lee Partners, agreed to pay $26.7 billion for the company. [ed]
Bain sucked the life out of another company.
13
posted on
03/15/2018 9:32:44 AM PDT
by
C19fan
To: Governor Dinwiddie
I try listening to it when the Mets knock off Rush. Probably will do it today. Horrible app!
To: Enlightened1
Pop/mainstream music with a Christian message has become lame. It all sounds the same...over produced and auto tuned.
I was in the truck last week with my son. iHeart was playing on the radio and he asked me to turn it off.
“A guy at work has this station playing all day. It’s the same songs over and over again”.
15
posted on
03/15/2018 9:33:36 AM PDT
by
Rebelbase
( Hillary, DNC, DOJ and FBI colluded with a British National to influence the 2016 Pres. election)
To: Buckeye McFrog
No, soon 90+% of all radio stations will be in a Hispanic or Asian language format. Hasta La Vista Ingles Baby!
16
posted on
03/15/2018 9:33:58 AM PDT
by
Mastador1
(I'll take a bad dog over a good politician any day!)
To: nevadapatriot
It’s not going anywhere.................
17
posted on
03/15/2018 9:36:15 AM PDT
by
Red Badger
(The people who call Trump a tyrant are the same people who want the president to confiscate weapons.)
To: Enlightened1
Umm, how do you get over $20 billion in debt for streaming radio?
To: Enlightened1
The company has been suffering due to more than $20 billion in debt
Hard to believe you can’t borrow your way to prosperity, look how well it has worked for the country with $20 Trillion in debt.
19
posted on
03/15/2018 9:38:30 AM PDT
by
eyeamok
(Tolerance: The virtue of having a belief in Nothing!)
To: Enlightened1
They have a product they cant limit exclusivity or access to
Its like having a blackberry selling franchise in Mississippi in August when any fencerow has them for free
Most radio stations have a live stream on their website
As do most content providers like Rush and Laura
20
posted on
03/15/2018 9:38:31 AM PDT
by
wardaddy
(As a southerner I've never trusted the Grand Old Party.....any questions?)
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