WSJ: IHeartMedia and Its Lenders Try Mediation
The Texas lawsuit comes as iHeartMedia begins to grapple with ways to address its massive debt load that totals $20.6 billion, including $8.3 billion maturing in 2019. IHeartMedia, known as Clear Channel until 2014, owns more than 850 radio stations, operates the popular iHeartRadio app and owns billboards used for outdoor advertising. […]
Wed, May 4, 2016 at 12:55 AM