iHeartMedia Explores Sale of Podcast Unit as Stock Collapses
iHeartMedia is weighing a sale of its high-growth podcast unit after a 65% stock collapse and earnings miss, according to Bloomberg. Talks are early stage.
iHeartMedia is weighing a sale of its high-growth podcast unit after a 65% stock collapse and earnings miss, according to Bloomberg. Talks are early stage.
iHeartMedia shares plunged after SiriusXM merger talks suddenly stalled, says NYT DealBook.
iHeartMedia and SiriusXM may merge to compete with streaming apps, creating a huge audio company.
Netflix partnered with iHeartMedia to stream video versions of over 15 popular podcasts like The Breakfast Club and My Favorite Murder exclusively, starting in early 2026.
Netflix is reportedly negotiating with iHeartMedia to stream popular video podcasts exclusively, aiming to rival YouTube’s dominance in the video podcast space.