iHeartMedia Denies Plans To Sell Podcast Business Amid Reports Claiming It’s Exploring Sale To Raise Cash And Boost Struggling Stock Price
On Wednesday (November 11), Bloomberg reported that iHeartMedia was in discussion with investment bank Moelis & Co, and others, to possibly sell off all or part of its podcast business amid low profits and struggling stock. RELATED: Charlamagne Tha God Launches Black Effect Podcast Network With IHeartMedia! Now, iHeartMedia — which is the largest U.S. … Read more