Net News search results for: clear channel outdoor
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March 16, 2017
Moody's Says iHeart's Proposed Restructuring Of Its Debt Would Be Considered 'A Continuation Of Its Distressed Exchange'
YESTERDAY (3/15), ALL ACCESS reported iHEARTCOMMUNICATIONS, INC. is taking another whack at refinancing with two sets of new private offers to swap existing debt for new loans and securities (NET NEWS 3/15). MOODY'S says iHEARTCOMMUNICATIONS' … more »
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March 15, 2017
iHeartCommunications Proposes Two More Debt Swaps
iHEARTCOMMUNICATIONS, INC. is taking another whack at refinancing with two sets of new private offers to swap existing debt for new loans and securities. In one proposal, the company is offering lenders under the Company’s Term Loan D and Term Loan … more »
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February 13, 2017
iHeartMedia Grants Clear Channel Outdoor Option To Buy Clear Channel Trademark
iHEARTMEDIA, INC. has granted subsidiary CLEAR CHANNEL OUTDOOR HOLDINGS, INC. a letter of intent and binding option to purchase the "CLEAR CHANNEL" name and trademarks. The timing is tied to a special cash dividend in the aggregate amount of … more »
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February 3, 2017
iHeartMedia/Tucson Names Mike Saffer Market President
iHEARTMEDIA/TUCSON has appointed MIKE SAFFER Market President, effective immediately. Prevously VP/Sales for CLEAR CHANNEL OUTDOOR/TUCSON, SAFFER will work with the programming and sales teams for iHEARTMEDIA/TUCSON’s seven radio station brands -- … more »
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December 13, 2016
iHeartMedia Decides Not To Repay Its 5.50% Senior Notes Due December 15th, 2016
iHEARTMEDIA, INC. has decided to not repay the $57.1 million of the 5.50% Senior Notes due THURSDAY, DECEMBER 15th, 2016 (“2016 Legacy Notes”) held by affiliate CLEAR CHANNEL HOLDINGS, INC. ("CCH") when the notes mature on that day. … more »
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November 29, 2016
iHeartMedia Proposes To Eliminate Voting Rights Of Some Bondholders
iHEARTMEDIA continues to address its more than $20 billion of debt, and is now asking bondholders of the iHEARTCOMMUNICATIONS division to make it easier for the company to plan a future financial overhaul. YESTERDAY (NET NEWS 11/28), Investor MARIO … more »
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November 28, 2016
Judge Dismisses Shareholder Suit Against iHeartMedia
Investor MARIO GABELLI's suit against iHEARTMEDIA, INC. in DELAWARE Chancery Court alleging that the sale of assets and diversion of funds from CLEAR CHANNEL OUTDOOR to a separate subsidiary violated the company's fiduciary duty to shareholders … more »
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October 28, 2016
iHeartMedia Third-Quarter Earnings Release Delayed By A Week
iHEARTMEDIA, INC. and CLEAR CHANNEL OUTDOOR HOLDINGS, INC. have delayed their earnings announcements for third quarter 2016 by a week. The earnings releases, originally scheduled for NOVEMBER 2nd, will now be issued on NOVEMBER 9th, with the conference … more »
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August 29, 2016
Entercom/Boston Sales Manager Appointments: Alison Harris At WAAF, Denise DiLuca At WRKO
ENTERCOM News-Talk WRKO-A/BOSTON Sales Manager ALISON HARRIS has been named Sales Manager at sister Rock WAAF, and iHEARTMEDIA PROVIDENCE VP/Sales DENISE DILUCA is returning to ENTERCOM/BOSTON to replace HARRIS at WRKO. HARRIS has been with WRKO … more »
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July 20, 2016
New 8,000-Foot iHeartMedia Billboard Joins The New York Skyline
iHEARTMEDIA has staked its claim to the NEW YORK skyline with its new presence on one of the city’s most iconic billboards, high atop the old RUPPERT ICE HOUSE, overlooking the TRIBORO/RFK BRIDGE leading into MANHATTAN and out of THE BRONX. … more »