Net News search results for: clear channel outdoor
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February 4, 2019
Clear Channel Outdoor Holdings Announces New Post-Spinoff Board
As iHEARTMEDIA emerges from bankruptcy and CLEAR CHANNEL OUTDOOR HOLDINGS, INC. spins off as a standalone company, CCOH has announced the members of its Board of Directors for when it becomes a separate entity. The board will include former CROWN CASTLE … more »
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January 22, 2019
iHeartMedia Reorganization Plan Approved By Court
iHEARTMEDIA has received Bankruptcy Court confirmation of its reorganization plan that will reduce its debt from $16.1 billion to $5.75 billion and spin off CLEAR CHANNEL OUTDOOR HOLDINGS, INC. The company expects to emerge from Chapter 11 bankruptcy in … more »
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December 21, 2018
iHeartMedia, Clear Channel Outdoor Holdings Agree To Split
iHEARTMEDIA, INC. and CLEAR CHANNEL OUTDOOR HOLDINGS have agreed to fully separate CCOH’s business from iHEARTMEDIA, which currently owns 89.1% of CCOH’s outstanding common stock. The separation, expected to place once iHEARTMEDIA concludes … more »
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December 18, 2018
iHeartMedia Enters Into A 'Material Definitive Agreement' With Two Stockholders
In a form 8-K filed with the SECURITIES AND EXCHANGE COMMISSION iHEARTMEDIA revealed they had settled two lawsuits related to how those creditors saw the company treating its publicly-traded CLEAR CHANNEL HOLDINGS subsidiary. iHEART wrote NORFOLK COUNTY … more »
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December 11, 2018
New Hearing Dates Set In iHeartMedia Reorganization
iHEARTMEDIA's hearing TODAY (12/11) in U.S. Bankruptcy Court, which was originally scheduled to be a confirmation hearing for iHEART's Chapter 11 reorganization plan, instead set new hearing dates for various issues. The new schedule has … more »
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December 10, 2018
GAMCO Lawsuit Settlement, Plan Confirmation Delay, Exec Bonus Plan Draw Objections In iHeartMedia Bankruptcy Case
iHEARTMEDIA's path to emerging from Chapter 11 bankruptcy has hit a couple of speed bumps. Creditors have filed objections to iHEART's motion filed SATURDAY (12/8) to bring into the Chapter 11 proceeding the settlement of a class action … more »
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September 19, 2018
iHeartMedia/Milwaukee Pitches In For Victims Of Florence
iHEARTMEDIA/MILWAUKEE spent TODAY (9/19) hosting a disaster relief phone bank to benefit families in NORTH CAROLINA, SOUTH CAROLINA, and VIRGINIA, who have been affected by HURRICANE FLORENCE. Personalities from the six-station cluster -- which includes … more »
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August 30, 2018
Report: Investor Sues Again Over Clear Channel Outdoor's Handling Of iHeart Debt
MARIO GABELLI's GAMCO ASSET MANAGEMENT is trying again, with LAW360 reporting that the investment company has filed an intended class action lawsuit in DELAWARE Chancery Court on behalf of investors against the board of CLEAR CHANNEL OUTDOOR … more »
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August 2, 2018
iHeart Pres./COO/CFO Rich Bressler Says Chapter 11 Is 'Moving Along As Anticipated'
iHEARTMEDIA Pres./COO/CFO RICH BRESSLER commented on the state of iHEART's Chapter 11 proceedings prior to an investors call for subsidiary CLEAR CHANNEL OUTDOOR. "Before I speak about CLEAR CHANNEL OUTDOOR’s results, a few words on … more »
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July 12, 2018
iHeartMedia Region President Shuffle: Nick Gnau To Philadelphia, Paul Corvino To Detroit, Rich Lewis To Multi-Market Partnership
iHEARTMEDIA has shuffled its Region President roster by moving DETROIT Region Pres. NICK GNAU to PHILADELPHIA, replacing RICH LEWIS, who moves to VP/Multi-Market Partnerships, overseeing the Multi-Market Partnerships/Total Traffic & Weather Network … more »