iHeartMedia - M&A Summary and Business Overview

MediaCompany

iHeartMedia M&A Summary

iHeartMedia has acquired 11 companies, including 3 in the last 5 years. A total of 4 acquisitions came from private equity firms. It has also divested 4 assets.

iHeartMedia’s largest acquisition to date was in 2000, when it acquired Live Nation Entertainment for $4.4B. It’s largest disclosed sale occurred in 2008, when it sold Newport Television to Providence Equity Partners for $1.0B. iHeartMedia has acquired in 5 different US states, and 3 countries. The Company’s most targeted sectors include internet software and services (34%) and media (23%).

iHeartMedia Business Overview

Where is iHeartMedia headquartered?

iHeartMedia is headquartered in San Antonio, Texas.

What is iHeartMedia’s revenue?

iHeartMedia disclosed revenue of 3,558M USD for 2021 and 2,948M USD for 2020.

How many employees does iHeartMedia have?

iHeartMedia has 9,180 employees.

What sector is iHeartMedia in?

iHeartMedia is a media company.

M&A Summary

  • M&A Total Activity13
    • M&A Buy Activity9
    • M&A Sell Activity4
  • Total Sectors Invested 6
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 7

iHeartMedia

iHeartMedia, Inc.

20880 Stone Oak Parkway,
San Antonio, Texas 78258
United States,
(210) 822-2828
www.iheartmedia.com

iHeartMedia is a diversified media and entertainment company with three reportable business segments, iHeartMedia, Americas outdoor advertising, and International outdoor advertising. iHeartMedia is based in San Antonio, Texas.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.4/yr) # 7 1 1 - - - 9
vol $4.5B $230M $4.7B
Sell (0.0/yr) # 4 - - - - - 4
vol $1.4B $1.4B
  13

Most Recent M&A

Company Date Value Type
Triton Digital LLC 2021-02-17 230M USD Divestiture
Sherman Oaks, California · www.tritondigital.com
Voxnest, Inc. 2020-10-23 - Add-on Acquisition
Brooklyn, New York · www.voxnest.com
Clear Channel Outdoor Holdings, Inc. 2019-05-01 - Spin Off
San Antonio, Texas · www.clearchanneloutdoor.com
Radiojar Information Technology S.A. 2019-02-26 - Add-on Acquisition
Athens, Greece · www.radiojar.com
Jelli, Inc. 2018-11-19 - Add-on Acquisition
San Mateo, California · www.jelli.com
Stuff Media LLC 2018-09-13 55M USD Add-on Acquisition
Atlanta, Georgia · www.stuffmedia.com
Newport Television 2008-03-18 1.0B USD Divestiture
Kansas City, Missouri · www.newporttv.com
Live Nation Entertainment, Inc. 2005-12-21 - Spin Off
Beverly Hills, California · www.livenationentertainment.com
Live Nation Entertainment, Inc. 2000-03-01 4.4B USD Add-on Acquisition
Beverly Hills, California · www.livenationentertainment.com
Equipamientos Urbano 2000-02-01 - Add-on Acquisition
Las Palmas, Spain
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Media 2 (22%) 4.4B (94%) 2 (50%) 1.0B (72%)
Internet Software and Services 3 (33%) 230M (5%) - -
Communications 1 (11%) - 1 (25%) 397M (28%)
Marketing 1 (11%) - 1 (25%) -
Digital Media 1 (11%) 55M (1%) - -
Software 1 (11%) - - -
Total 9 $4.7B 4 $1.4B

By Geo

State/Country Buy Value Sell Value
United States 7 4.7B 4 1.4B
  California 3 4.6B 1 -
  New Mexico 1 - 1 397M
  New York 1 - - -
  Kentucky 1 - - -
  Georgia 1 55M - -
  Texas - - 1 -
  Missouri - - 1 1.0B
Greece 1 - - -
Spain 1 - - -
Domestic 7 (78%) 4.7B (100%) 4 (100%) 1.4B (100%)
Cross-border 2 (22%) - - -
Total 9 $4.7B 4 $1.4B

Deal Values

buy # Total
> $1B 1 $4.4B
$100M to $1B 1 $230M
< $100M 1 $55M
TOTAL $4.7B
Largest Live Nation Entertainment, Inc.
$4.4B (2000-03-01)
sell # Total
> $1B 1 $1.0B
$100M to $1B 1 $397M
TOTAL $1.4B
Largest Newport Television
$1.0B (2008-03-18)

M&A Connections

Deals
Acquired from
Investor(s)
22%
2 (22%)
Strategic(s)
11%
1 (11%)
Divested to
Investor(s)
25%
1 (25%)
Strategic(s)
25%
1 (25%)

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