Net News search results for: cc outdoor holdings
-
February 4, 2016
Report Details iHeartMedia's Plan To Retire Some Bonds, Swap Debt For Short-Term Relief
BLOOMBERG is reporting that iHEARTMEDIA, INC., facing $20.6 billion in debt, is considering a plan to sell bonds or equity to retire $1.4 billion in bonds and give existing debtholders the option to swap present debt for new obligations from a new iHEART … more »
-
January 8, 2016
Fitch Ratings Says iHeartMedia's Long-Term Debt 'Unaffected' By Sale Of Outdoor Assets
With the sale of some Outdoor assets by iHEARTMEDIA to LAMAR ADVERTISING comes a reaction to the move by FITCH RATINGS, who writes, "iHEART COMMUNICATIONS, INC.'s (iHEART) 'CCC' Long-Term Issuer Default Ratings (IDR) and CLEAR CHANNEL … more »
-
July 1, 2015
iHeartCommunications Registers Prospectus For Another Note Exchange Offer
iHEARTCOMMUNICATIONS, INC. has registered a prospectus for an exchange offer under which the company proposes to exchange up to $950,000,000 aggregate principal amount of its new 10.625% Priority Guarantee Notes due 2023 for up to $950,000,000 aggregate … more »
-
April 7, 2015
Mark Mays To Depart iHeartMedia Board
MARK MAYS has informed iHEARTMEDIA, INC. that he does not intend to run for re-election to the company's Board of Directors at the upcoming stockholder meeting. MAYS, the former CEO of the company in its CLEAR CHANNEL days and the last MAYS family … more »
-
February 3, 2015
Fitch Ratings Has A 'Negative Outlook' For iHeartMedia
FITCH RATINGS has some negative news for iHEARTMEDIA, as the company has affirmed the Issuer Default Rating (IDR) of iHEARTCOMMUNICATIONS, INC. at "CCC" and the IDR of CLEAR CHANNEL WORLDWIDE HOLDINGS, INC. at "B." FITCH writes, … more »
-
September 23, 2014
As iHeartMedia Prices $250 Million Note Offering, Fitch Ratings Remains 'Negative'
CLEAR CHANNEL may have changed its name to iHEARTMEDIA, but the company is still carrying a large amount of debt from its past. FITCH RATINGS has released updated financial ratings on the company, and remains "negative" because of that debt … more »
-
September 16, 2014
Clear Channel Becomes iHeartMedia
CLEAR CHANNEL has renamed itself iHEARTMEDIA, "reflecting the company's success in becoming a one-of-a-kind multi-platform media company with unparalleled reach and impact," explains the company. The newly named company includes 859 radio … more »
-
July 23, 2014
Clear Channel Q2 Radio Revenues Flat, Net Loss Widens
CLEAR CHANNEL's CC MEDIA HOLDINGS, INC. consolidated revenue for second quarter 2014 increased 1% to $1.63 billion, excluding the effects of movements in foreign exchange rates. Radio revenues were flat at $806.3 million. The company said … more »
-
April 24, 2014
Clear Channel Reports Q1 Financials, CCM+E Revs Up 2% As Long Term Debt Remains High
CC MEDIA HOLDINGS has reported financial results for the first quarter ended MARCH 31st, 2014. Highlights Revenues totaled $1.3 billion, including 2% growth at MEDIA+ENTERTAINMENT and 2% decrease at Outdoor OIBDAN reached $261 million, including a 24% … more »
-
February 20, 2014
CC Media Holdings Reports Q4 2013 Results; CCM+E Posts 8% Rev Rise
CC MEDIA HOLDINGS has reported financial results for the fourth quarter and full year ended DECEMBER 31st, 2013. The highlights: Full-year revenues totaled $6.2 billion, including 2% increase at MEDIA+ENTERTAINMENT (up 4% excluding political), with … more »