Net News search results for: clear channel outdoor
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May 27, 2016
Investor Sues iHeartMedia Over Shift Of Revenue From Clear Channel Outdoor To Parent Company
BLOOMBERG reports that investor MARIO GABELLI's GAMCO ASSET MANAGEMENT INC. is suing iHEARTMEDIA INC., complaining that the company's Board is violating its fiduciary duty to its shareholders by siphoning off revenue from CLEAR CHANNEL OUTDOOR … more »
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May 24, 2016
iHeartMedia Prevails In Texas Court Against Bondholders
iHEARTMEDIA has won its case in the State District Court in BEXAR COUNTY, TEXAS. The verdict from state District JUDGE CATHLEEN STRYKER blocks bondholders that took iHEARTMEDIA to court over a recent transfer of assets within the company, from … more »
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May 16, 2016
iHeartMedia Reveals Debt Settlement Proposals As Trial Begins, Hires Advisor To Explore Debt Options
In advance of MONDAY's trial in its suit against bondholders seeking to declare it in default and accelerate bond payments, iHEARTMEDIA filed a disclosure statement with the SEC detailing proposals on the table at mediation that have been submitted … more »
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May 12, 2016
Jason Derulo To Perform At iHeartRadio 'Move With The Music' Concert Series Friday
JASON DERULO will be the main attraction at the iHEARTRADIO "Move with the Music" concert series at the iHEARTRADIO THEATER in NEW YORK on FRIDAY, MAY 13th. The exclusive performance and Q&A can be heard on iHEARTRADIO stations across … more »
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May 3, 2016
iHeart Offers Mediation To Angry Creditors Ahead Of May 16th Court Date
In early APRIL (NET NEWS 4/6), ALL ACCESS reported that iHEARTMEDIA parent iHEARTCOMMUNICATIONS, INC. and the creditors group that it sued in a dispute over iHEART moving CLEAR CHANNEL OUTDOOR stock to a new subsidiary had agreed to extend the existing … more »
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April 7, 2016
iHeart Memo To Staff From Bob Pittman And Rich Bressler Attempts To Calm Bankruptcy Rumors
YESTERDAY (NET NEWS 4/6), ALL ACCESS reported iHEARTMEDIA parent iHEARTCOMMUNICATIONS, INC. and the creditors group that it sued in a dispute over iHEART moving CLEAR CHANNEL OUTDOOR stock to a new subsidiary had agreed to extend the existing temporary … more »
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April 6, 2016
iHeartCommunications, Creditors Agree To Extend Temporary Restraining Order Until May Trial
iHEARTMEDIA parent iHEARTCOMMUNICATIONS, INC. and the creditors group that it sued in a dispute over iHEART moving CLEAR CHANNEL OUTDOOR stock to a new subsidiary have agreed to extend the existing temporary restraining order against the creditors' … more »
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April 4, 2016
Settlement Talks End, So Hearing On iHeart Suit Vs. Creditors Proceeds
BLOOMBERG is reporting that IHEARTCOMMUNICATIONS INC. has told a TEXAS court that it has terminated settlement talks with a group of creditors over its lawsuit challenging the creditors' right to file a notice of default on the company. … more »
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March 11, 2016
Fitch: iHeart Ratings Unaffected By Default Notice Pending Court Ruling
As ALL ACCESS reported WEDNESDAY (NET NEWS 3/9), iHEARTMEDIA obtained a temporary restraining order from the State District Court in BEXAR COUNTY, TX putting a hold on any attempt by senior creditors to accelerate the debt owed by the company. … more »
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March 9, 2016
iHeartCommunications Gets Temporary Injunction In Battle With Noteholders Over Stock Transfer To Subsidiary
After obtaining a temporary restraining order from the State District Court in BEXAR COUNTY, TX putting a hold on any attempt by senior creditors to accelerate the debt owed by the company, iHEARTCOMMUNICATIONS, INC. has filed a Form 8-K with the SEC … more »