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

John Sykes

President of Entertainment Enterprises

Rad Weaver

Co-Founder

Past deals in Broadcasting

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.

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.

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.

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.

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.
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