The radio giant's strategic leadership changes include the departures of chief operating officer Susan Larkin and general counsel Andrew Sutor, among others.
Taking lessons from a 50-year-old country crossover boom period.
On Tuesday (March 11), CFO Tom Barry said the company saw an advertising “drop-off” from tariff concerns and that it remains “cautious about where the ad industry is going."
The company, which filed for Chapter 11 bankruptcy last year, confirmed it "made workforce reductions to ensure a strong and resilient future for the business."
The program comes in celebration of this year's Commonwealth Day.
iHeartMedia shares had slipped nearly 28% since the company announced its fourth-quarter earnings on Feb. 27.
After spending years scoring Billboard smashes for other artists, the R&B multi-hyphenate has arrived as a solo star.
The in-app channel One World Radio launches March 4 and will feature exclusive mixes, new releases and live sets.
The artist's claims against UMG remain active, and a hearing on a motion by UMG's lawyers to dismiss the petition is scheduled for this week.
Both radio companies cut costs and restructured debt in 2024, but revenue growth remains elusive.
