1. Home >
  2. Companies >
  3. Media >
  4. United States >
  5. Texas >
  6. iHeartMedia

iHeartMedia - M&A Summary and Business Overview

MediaCompany

iHeartMedia M&A Summary

iHeartMedia has acquired 11 companies, including 2 in the last 5 years. A total of 4 acquisitions came from private equity firms. It has also divested 4 assets.

iHeartMedia’s largest acquisition to date was in 2000, when it acquired Live Nation Entertainment for $4.4B. It’s largest disclosed sale occurred in 2008, when it sold Newport Television to Providence Equity Partners for $1.0B. iHeartMedia has acquired in 5 different US states, and 3 countries. The Company’s most targeted sectors include internet software and services (34%) and media (23%).

iHeartMedia Business Overview

Where is iHeartMedia headquartered?

iHeartMedia is headquartered in San Antonio, Texas.

What is iHeartMedia’s revenue?

iHeartMedia disclosed revenue of 3,854M USD for 2024 and 3,751M USD for 2023.

How many employees does iHeartMedia have?

iHeartMedia has 8,080 employees.

What sector is iHeartMedia in?

iHeartMedia is a media company.

M&A Summary

  • M&A Total Activity13
    • M&A Buy Activity9
    • M&A Sell Activity4
  • Total Sectors Invested 6
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 7

iHeartMedia

iHeartMedia, Inc.

20880 Stone Oak Parkway,
San Antonio, Texas 78258
United States,
(210) 822-2828
www.iheartmedia.com

iHeartMedia is a diversified media and entertainment company with three reportable business segments: iHeartMedia, Americas outdoor advertising, and International outdoor advertising. iHeartMedia is based in San Antonio, Texas.


M&A Summary

Buy vs Sell

Year ≤ '20 '21 '22 '23 '24 '25 T
Buy (0.2/yr) # 8 1 - - - - 9
vol $4.5B $230M $4.7B
Sell (0.0/yr) # 4 - - - - - 4
vol $1.4B $1.4B
  13

Most Recent M&A

Company Date Value Type
Triton Digital LLC 2021-02-17 230M USD Divestiture
Sherman Oaks, California · www.tritondigital.com
Voxnest, Inc. 2020-10-23 - Add-on Acquisition
Brooklyn, New York · www.voxnest.com
Clear Channel Outdoor Holdings, Inc. 2019-05-01 - Spin Off
San Antonio, Texas · www.clearchanneloutdoor.com
Radiojar Information Technology S.A. 2019-02-26 - Add-on Acquisition
Athens, Greece · www.radiojar.com
Jelli, Inc. 2018-11-19 - Add-on Acquisition
San Mateo, California · www.jelli.com
Stuff Media LLC 2018-09-13 55M USD Add-on Acquisition
Atlanta, Georgia · www.stuffmedia.com
Newport Television 2008-03-18 1.0B USD Divestiture
Kansas City, Missouri · www.newporttv.com
Live Nation Entertainment, Inc. 2005-12-21 - Spin Off
Beverly Hills, California · www.livenationentertainment.com
Live Nation Entertainment, Inc. 2000-03-01 4.4B USD Add-on Acquisition
Beverly Hills, California · www.livenationentertainment.com
Equipamientos Urbano 2000-02-01 - Add-on Acquisition
Las Palmas, Spain
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Media 2 (22%) 4.4B (94%) 2 (50%) 1.0B (72%)
Internet Software and Services 3 (33%) 230M (5%) - -
Communications 1 (11%) - 1 (25%) 397M (28%)
Marketing 1 (11%) - 1 (25%) -
Digital Media 1 (11%) 55M (1%) - -
Software 1 (11%) - - -
Total 9 $4.7B 4 $1.4B

By Geo

State/Country Buy Value Sell Value
United States 7 4.7B 4 1.4B
  California 3 4.6B 1 -
  New Mexico 1 - 1 397M
  New York 1 - - -
  Kentucky 1 - - -
  Georgia 1 55M - -
  Texas - - 1 -
  Missouri - - 1 1.0B
Greece 1 - - -
Spain 1 - - -
Domestic 7 (78%) 4.7B (100%) 4 (100%) 1.4B (100%)
Cross-border 2 (22%) - - -
Total 9 $4.7B 4 $1.4B

Deal Values

buy # Total
> $1B 1 $4.4B
$100M to $1B 1 $230M
< $100M 1 $55M
TOTAL $4.7B
Largest Live Nation Entertainment, Inc.
$4.4B (2000-03-01)
sell # Total
> $1B 1 $1.0B
$100M to $1B 1 $397M
TOTAL $1.4B
Largest Newport Television
$1.0B (2008-03-18)

M&A Connections

Deals
Acquired from
Investor(s)
22%
2 (22%)
Strategic(s)
11%
1 (11%)
Divested to
Investor(s)
25%
1 (25%)
Strategic(s)
25%
1 (25%)

Company Summary

SECTOR

Media

Revenue

3,854   3% 2024
3,751   5% 2023
3,912   10% 2022
3,558   21% 2021
2,948   2020
6,326   3% 2018
6,171   2% 2017
6,274   1% 2016
6,242   2% 2015
6,319   2014
(millions of USD) Show More Show Less

Employees

8,080

Public

NASDAQ: IHRT

Former Name

CC Media Holdings, Inc. (Clear Channel Communications, Inc.)

 Subscribe to unlock this and 215,016
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
Get Full Access

What's Mergr?

Mergr is a user-friendly database designed to simplify the complex world of private equity and M&A for busy professionals.

We created Mergr to eliminate the challenge of tracking company acquisitions, sales, and ownership, providing clear insights into investment firms and their activities. For example, explore a company's M&A activity, ownership history, and connections - organized to help you uncover opportunities and make informed decisions.

With Mergr, gain access to a comprehensive, interconnected web of transactions, investors, companies, and advisors - all in one place.

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.7K Private Equity Firms
  • 208K M&A Transactions
  • 210K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.7K M&A Advisors
    (Investment Banks and Law Firms)
  • 81K M&A Contacts
    (PE and M&A Advisors)

What next?

Get Full Access

Full access to Mergr's investor, acquirer, and transaction data starts here.

Related Lists for iHeartMedia

Media Companies

Related Lists for Media Companies

Largest Media Companies , Acquisitive Media Companies , Recently Acquired Media Companies , Recently Sold Media Companies , Private Media Companies , Public Media Companies , Acquired Media Companies , PE Backed Media Companies
Mergr

Solution for

Product

Company

Legal