Pay attention… a lot is happening in media… the playing field is being shaken up. We can use this to our advantage. Now is the time to invest in our own. And yes, we did just that.

iHeartMedia’s Quarterly Losses Hit $248 Million, Raising ‘Substantial Doubt’ About Its Future

iHeartMedia, the nation’s largest holder of radio stations, is again warning investors of its longtime viability after incurring heavy losses in recent months.