headeralignment

 

iheart

The nation's largest radio station operator, @iheartmediaofficialhas filed for Chapter 11 bankruptcy to shed billions of debt it has carried for

more than a decade. On the outside fans and clients will see no changes in the app. Originally known as Clear Channel, the company changed its name to iHeartMedia in 2014 as part of its evolving online strategy. The company's debt ballooned after it was acquired in a leveraged buyout in 2008 by private-equity firms Bain Capital and Thomas H. Lee Partners. Again, iHeart will continue with its events as well as streaming 



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