secwatch.observer — SEC 8-K summary
======================================

Issuer:     iHeartMedia, Inc. (IHRT)
CIK:        0001400891
Form:       8-K
Filed at:   2025-11-10T23:59:59+00:00
Accession:  0001628280-25-051033
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

iHeartMedia Q3 revenue down 1.1% to $997M; GAAP operating loss of $116M on $209M impairment
--------------------------------------------------------------------------------

- GAAP operating loss of $116M vs income of $77M a year ago; includes $209M non-cash FCC license impairment.
- Adjusted EBITDA flat at $205M; Digital Audio Group revenue up 14% to $342M; Podcast revenue up 22% to $140M.
- Multiplatform Group revenue down 5% to $591M; broadcast revenue fell 4.9% due to lower spot and political revenue.
- Q4 guidance: consolidated revenue down low-single digits (ex-political up mid-single digits); Adjusted EBITDA $200-$240M.
- Announced new partnerships with Amazon Ads and TikTok to expand audio and creator ecosystem.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1400891/000162828025051033/0001628280-25-051033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1400891/000162828025051033/ihm-20251110.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-051033

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer