iHeartMedia

iHeartMedia, Inc. is a leading media and entertainment company based in the United States, recognized as the number one audio company in the country. It operates through three key segments: the Multiplatform Group, the Digital Audio Group, and Audio & Media Services. The Multiplatform Group encompasses over 860 live broadcast stations, national networks, and live events, boasting a monthly reach of approximately 250 million listeners. The Digital Audio Group focuses on its fast-growing podcasting business and the iHeartRadio digital service, which is available on numerous platforms and devices. The Audio & Media Services segment includes Katz Media Group, the largest media representation company in the nation, and RCS, a prominent provider of broadcast and webcast software. iHeartMedia's extensive portfolio allows it to deliver diverse audio content and innovative advertising solutions, leveraging a significant consumer base and advanced analytics capabilities. The company was incorporated in 1974 and is headquartered in San Antonio, Texas.

Richard Bressler

President, COO and CFO

Carter Brokaw

President, Digital Revenue Strategy

Tom Casey

CFO

David Ellis

SVP, Corporate Development, Ventures and Emerging Initiatives

Past deals in Music Streaming

Gimme Radio

Corporate Round in 2022
Gimme Radio, Inc. is a digital music platform based in San Francisco, California, that caters specifically to fans of metal music and other underserved genres. Launched in 2017, it offers a unique radio station where listeners can enjoy hand-selected tracks curated by musicians, music journalists, and industry tastemakers. The platform also features Gimme Live, allowing users to engage in online chats with DJs. In addition to streaming music, Gimme Radio operates an e-commerce component that sells music CDs, tapes, and merchandise such as t-shirts, posters, and record players, creating a community for passionate music enthusiasts.

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

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.
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