iHeartMedia

iHeartMedia, Inc. is a prominent media and entertainment company based in San Antonio, Texas. It operates through several segments, including Audio and Media Services, which encompass broadcast radio, digital platforms, podcasts, and live events. The Audio segment features a vast network of approximately 850 radio stations in the United States and over 140 stations in New Zealand and Australia, reaching an audience of 243 million monthly listeners. iHeartMedia also produces and syndicates around 120 radio programs through its Premiere Networks. Additionally, the company provides various media representation services and advanced broadcast software solutions. As a leader in the industry, iHeartMedia has continually expanded its digital footprint, offering innovative advertising and marketing opportunities through platforms like iHeartRadio, a widely used digital music service. Founded in 1972, iHeartMedia has evolved from a single radio station to one of the largest media entities globally, focusing on delivering diverse entertainment options and effective advertising solutions.

Richard Bressler

President, COO and CFO

Carter Brokaw

President, Digital Revenue Strategy

Tom Casey

CFO and Executive Vice President

David Ellis

SVP, Corporate Development, Ventures and Emerging Initiatives

Will Pearson

COO iHeart Podcast Network

Robert Pittman

Chairman and CEO

John Sykes

President of Entertainment Enterprises

Rad Weaver

Co-Founder

21 past transactions

Sounder

Series A in 2022
Sounder.fm is a platform that helps audio creators manage, market, and measure their audio content. Sounder offers free hosting, transcription, Pinpoint Audio Search, and analytics to help the user grow its audience. It aims to drive creativity and make audio better for everyone. The company was founded in 2019 and based in New York, New York.

Gimme Radio

Corporate Round in 2022
Gimme Radio, Inc. operates an online platform that caters to passionate music fans by providing a digital radio station focused on underserved music genres. Founded in 2017 and based in San Francisco, California, Gimme Radio offers a unique listening experience featuring DJs and live programming, along with an interactive community platform that connects listeners with DJs and artists. In addition to streaming music, the company sells a variety of merchandise, including music CDs, tapes, t-shirts, posters, and record players, allowing it to market relevant products directly to its audience. Through its innovative approach, Gimme Radio serves as a vital destination for music enthusiasts who may be overlooked by mainstream music services.

Songclip (Audiobyte)

Venture Round in 2021
Songclip™ is a new licensed music format built specifically for texting, social posts, and quick communication. Songclip’s multi-patented networked product solution, the Songclip API, integrates seamlessly into social platforms, mobile apps, and virtual marketplaces to drive expression, monetization, and music streaming. Songclip operates the world’s foremost searchable library of 5-30 second meta-tagged music clips, in partnership with the music industry. For more information, visit songclip.com

Triton Digital

Acquisition in 2021
Triton Digital, Inc. is a technology solutions provider for the digital audio marketplace, serving publishers, advertisers, and the audio industry worldwide. Founded in 2006 and based in Sherman Oaks, California, the company operates in over 45 countries, offering a range of products designed to enhance audience engagement and revenue. Key offerings include Webcast Metrics for audience measurement, the Triton Advertising Platform for customizable ad solutions, and a2x, an audio advertising exchange for programmatic buying. Additionally, Triton Digital provides tools such as the Audience Management Platform and Yield-Op, a supply-side platform for online audio. The company collaborates with major clients like Pandora, Spotify, and ESPN Radio, and partners with various media entities to enhance its service capabilities. By enabling broadcasters, podcasters, and online music services to optimize their operations and connect with audiences effectively, Triton Digital plays a crucial role in the growth of the global online audio industry.

Voxnest

Acquisition in 2020
Voxnest is a technology company that provides professional solutions for podcasters and the brands looking to engage with listeners. The company's comprehensive tools for podcast creation, distribution, management, measurement, monetization and advertising include Spreaker, catering to independent podcasters, Spreaker Enterprise, a turnkey platform for enterprises, and Dynamo, a standalone monetization solution that gives any podcaster, regardless of host or distribution platform, the ability to earn revenue using Voxnest's real-time, dynamic ad injection technology. The company also works directly with brands looking to deliver highly-targeted, high-impact advertising campaigns through podcasts. The company, launched in January 2018 following the merger of Spreaker and BlogTalkRadio, is led by co-founder and President Francesco Baschieri. For more information, visit www.voxnest.com.

Ozy

Series C in 2019
Ozy Media, Inc. is a media and entertainment company based in Mountain View, California, founded in 2012. The organization focuses on delivering diverse news and information through various platforms, including a daily news site, video streaming, podcasts, and events. Ozy Media aims to engage a curious audience by presenting narratives that challenge conventional perspectives and highlight emerging trends and innovative ideas. Its programming includes a range of shows designed to cater to different interests, such as the Presidential Daily Brief, Rising Stars, and Provocateurs. With a mission to broaden horizons, Ozy Media reaches an audience of approximately 50 million, offering content that ignites ideas and encourages exploration of the new and the next.

Jelli

Acquisition in 2018
Jelli, Inc. operates as a cloud-based advertising company for the radio market in the United States. It offers SpotPlan, a Web-based programmatic buying platform for buying radio advertising; RadioSpot, a cloud-based advertising server for broadcast radio, and automating terrestrial radio advertising; and RadioDash, a campaign dashboard for radio campaigns. The company was incorporated in 2007 and is based in San Mateo, California. As of December 31, 2018, Jelli, Inc. operates as a subsidiary of iHeartMedia, Inc.

HowStuffWorks

Acquisition in 2018
HowStuffWorks, LLC, founded in 1998 and based in Atlanta, Georgia, is a leading digital platform that offers a wealth of informative and entertaining content through articles, podcasts, and videos. The website covers diverse topics including adventure, animals, auto, culture, entertainment, health, home and garden, lifestyle, money, science, and technology. Known for its engaging podcast content, HowStuffWorks operates a portfolio of popular shows such as Stuff You Should Know and Stuff You Missed in History Class, boasting a library of over 6,000 podcasts and achieving more than 1 billion downloads. In addition to its educational content, the company also runs an online store that sells various merchandise, including apparel and accessories. HowStuffWorks functions as a subsidiary of OpenMail, LLC, and has established itself as a prominent player in the edutainment space.

Stuff Media

Acquisition in 2018
Stuff Media LLC is a prominent podcast publishing company based in Atlanta, Georgia, founded in 1998. It is recognized as one of the leading commercial podcast operators globally. As of October 2018, Stuff Media operates as a subsidiary of iHeartMedia, Inc., enhancing its capacity to deliver engaging audio content to a wide audience.

Artsy

Series D in 2017
Artsy is the largest online art marketplace, offering access to over one million artworks from both iconic and emerging artists, sourced from more than 4,000 galleries, leading auction houses, and prestigious art fairs. The platform aims to expand the art market by supporting artists and promoting art globally. By collaborating with prominent museums and galleries, Artsy enables users to discover, learn about, and collect art. Additionally, the company manages online art publications, further enhancing its role as a comprehensive resource for art enthusiasts and collectors.

Fanpage

Funding Round in 2016
Fanpage is a mobile application designed to engage fans and influencers through a blockchain-based rewards platform. Fans can create dedicated fanpages for their interests, connect with others, and compete for recognition within their communities. Influencers utilize the platform to cultivate brand advocacy among their followers, identifying and rewarding their most devoted fans. Additionally, advertisers can deliver targeted offers to users, fostering a deeper connection between the audience's passions and the brand. The platform incentivizes fan engagement by issuing rewards for interactions with content, which can be redeemed for exclusive experiences, merchandise, or content. This approach not only enhances fan loyalty but also provides valuable data insights to content creators and brands, helping them refine their monetization strategies and better understand audience behavior.

BLADE

Series A in 2016
Blade Urban Air Mobility, Inc. is a technology-driven company that specializes in short-distance aviation services, functioning as an indirect air carrier and air charter broker for public charter flights. The firm offers a diverse fleet that includes helicopters, seaplanes, and jets, facilitating on-demand charter and scheduled flights across various locations, such as New York City, Long Island, the Hamptons, Los Angeles, Boston, and Washington, D.C. In addition to its air transportation services, Blade provides short-distance transportation options and BLADE MediMobility services, catering to specific travel needs. The company operates dedicated Blade lounges at heliports in Manhattan, enhancing the travel experience for its customers. Founded in 2014 and headquartered in New York, Blade also maintains an office in Miami, Florida.

Unified

Series B in 2015
Unified Enterprises, Corp. is a marketing and analytics technology company that specializes in connecting marketing data sets to optimize advertising investments. Founded in 2011 and headquartered in New York City, with additional offices in San Francisco, Los Angeles, Chicago, and Atlanta, Unified offers a range of services, including advertising strategy and execution, professional data solutions, and campaign automation. The company's proprietary business intelligence platform is designed specifically for social advertising, enabling marketers to make informed decisions by providing insights into their data and strategies. Unified has a proven track record of managing over one billion dollars in social investment data, serving Fortune 2000 brands and advertising agencies to enhance transparency and optimize marketing performance.

Jelli

Series B in 2015
Jelli, Inc. operates as a cloud-based advertising company for the radio market in the United States. It offers SpotPlan, a Web-based programmatic buying platform for buying radio advertising; RadioSpot, a cloud-based advertising server for broadcast radio, and automating terrestrial radio advertising; and RadioDash, a campaign dashboard for radio campaigns. The company was incorporated in 2007 and is based in San Mateo, California. As of December 31, 2018, Jelli, Inc. operates as a subsidiary of iHeartMedia, Inc.

Whistle

Venture Round in 2014
Whistle Sports, Inc. is a sports media and entertainment company that focuses on creating and distributing engaging content for contemporary audiences. The company, which operates under the umbrella of Team Whistle alongside New Form and Vertical Networks, produces a variety of sports-focused content, including scripted and unscripted shows, podcasts, and music. Whistle aims to resonate with the digital generation through its offerings available on popular social, audio, and streaming platforms. In addition to its media production, the company collaborates with brands, sports leagues, and media organizations to provide branded content and advertisements, facilitating consumer engagement across the content ecosystem. Founded in 2008 and headquartered in New York, Whistle also maintains offices in London and Los Angeles.

Red Tricycle

Series A in 2012
Red Tricycle Inc. is an online platform that serves as a resource for parents seeking information on children's activities and family-oriented fun. Established in 2006 and based in Sausalito, California, the company offers a variety of content, including recipes, craft ideas, reading lists, and travel suggestions. Additionally, Red Tricycle connects users with local businesses related to children's products, birthday celebrations, classes, family entertainment, and wellness services. The platform aims to provide actionable and aspirational ideas to busy parents while helping them navigate their local communities for engaging activities and resources tailored to their families' needs.

Group Commerce

Series C in 2012
Group Commerce is a leading e-commerce platform tailored for publishers seeking to enhance their online retail capabilities. Established in 2010, the company provides an enterprise-grade solution that acts as a command center for managing e-commerce programs. It caters to the distinct needs of consumers, publishers, and merchants by offering essential services such as payment processing, customer support, merchant sourcing, and merchandising strategy. Group Commerce's innovative technology is designed to empower brands and media companies, ensuring they have the tools and expertise necessary to succeed in the competitive e-commerce landscape. The company has garnered a diverse clientele, including notable names such as CBS Local, Hearst Publications, and the New York Times, highlighting its reputation and effectiveness in the industry.

Thumbplay

Acquisition in 2011
Thumbplay Ringtones, LLC, founded in 2004 and based in San Francisco, California, specializes in mobile entertainment in the United States. The company offers a variety of products, including ringtones, wallpapers, games, and text-based services for mobile phones. Through its platform, Thumbplay.com, it provides licensed music, video, and games from major entertainment companies such as EMI, Sony Music Entertainment, Universal Music Group, and Warner Music Group. In 2010, Thumbplay launched a cloud-based music service that allows users unlimited access to over 8 million songs from major record labels and independent artists. The service is accessible via mobile apps on BlackBerry and Android devices, as well as PCs and Macs, with plans to expand to iPhone users.

iBiquity Digital

Private Equity Round in 2009
iBiquity Digital is a company that develops and licenses digital HD Radio technology for AM and FM audio and data broadcasting both in the United States and internationally. The technology enables digital radio signals to coexist on the same airwaves as traditional analog broadcasts. Additionally, the company offers products such as the Gigaware Navigation Control HD Radio Receiver accessory and a Gigaware HD Radio application for iPhone and iPod touch users, which allows access to HD Radio FM broadcasts. Founded in 1991 and originally known as USA Digital Radio, iBiquity Digital is headquartered in Columbia, Maryland, with additional offices in Basking Ridge, New Jersey, and Pontiac, Michigan.

HiWire

Series C in 2001
Hiwire is an Internet software company, engages in the development and delivery of audio advertising technologies.

Buyitnow.Com

Venture Round in 2000
Welcome to BuyItNow.com, the most incredible collection of stores available on the Internet. Their merchandising philosophy is to offer the great brand names you trust along with unique, hard-to-find items that today's online shopper is looking for. They offer wide assortments at great prices, prices they guarantee! BuyItNow.com not only provides great prices and easy, secure shopping, but also excellent customer service, which is easily accessible by e-mail at cservice@buyitnow.com, by phone at 1.888.55BUYIT, or by live chat. Their customer service specialists, e-RepsTM, are trained to help you place your order and can answer any questions you may have concerning their policies, procedures, security and customer guarantees. They also have highly trained product specialists to answer your questions about the products in their stores. Their goal is to provide you with the ultimate shopping experience, including easy navigation through their stores and secure checkout procedures. Shopping at BuyItNow.com is secure, fast and friendly -- and saves you time and money! It's like shopping at all of your favorite stores with one simple checkout.
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