SiriusXM parent company may invest to save Clear Channel Outdoor’s parent iHeartMedia
The financial woes of iHeartMedia, home to iHeartRadio’s network of 850-plus AM and FM stations, have been well-documented in recent years, as the former Clear Channel has struggled under the burden of $20 billion in debt. Now it looks like SiriusXM parent company Liberty Media may jump in to save the day. According to a term sheet submitted on Feb. […]
Tue, Feb 27, 2018 at 7:37 AM