|Bid||14.69 x 1000|
|Ask||14.74 x 1000|
|Day's Range||14.68 - 14.80|
|52 Week Range||12.73 - 19.00|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||0.12|
|Earnings Date||Nov 6, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||20.13|
Solid Q3 results have encouraged firms to jack up their price targets for Netflix (NFLX), making it pricey. For small investors, we have picked media stocks that are low-priced and have growth potential.
Shondaland, founded by award-winning television producer and writer Shonda Rhimes, is taking storytelling to audio by partnering with iHeartMedia, the No. 1 commercial podcast publisher globally, to launch Shondaland Audio. The agreement includes a full slate of iHeartRadio Original Podcasts set to release over the next three years as part of the iHeartPodcast Network. “Podcasting continues to see tremendous growth and I’m excited to partner with iHeartMedia as Shondaland expands its storytelling journey into this medium which has seemed to usher in a unique sense of boldness, intimacy and connection,” Rhimes said.
ST. LOUIS, Oct. 16, 2019 /PRNewswire/ -- Build-A-Bear Workshop®, Inc. (BBW) and iHeartMedia, the leading audio company in America, today announced that Build-A-Bear Radio™ will now be available on the free iHeartRadio app. Additionally, Build-A-Bear Radio will be available on iHeartRadio Family, a stand-alone app custom-designed just for kids featuring music and radio stations perfect for families. Build-A-Bear Radio is a streaming radio station featuring the songs and stories behind today's established and emerging, family-friendly pop artists as well as curated shows and segments.
Modelo, the beer brewed with The Fighting Spirit™, proudly announces it has teamed up with Anderson .Paak for the Modelo Fighting Chance Concert Series, an iHeartRadio production. Together, along with music fans, they are raising money for the International Rescue Committee (IRC) to help refugees, immigrants and Americans in need achieve their full potential. Modelo and iHeartMedia will give four lucky fans an opportunity to win VIP trips to New York to see Anderson .Paak in concert at Brooklyn Steel on November 17.
iHeartMedia, the No. 1 commercial podcast publisher globally, and actor, comedian and producer Will Ferrell, today announced a partnership to launch “Big Money Players Network,” a new podcast company focused on comedy shows. Listeners can expect the new shows to roll out in 2020. The Big Money Players Network will recruit top comedic talent and curate a variety of formats and styles – both scripted and unscripted – within the podcast medium.
iHeartMedia, the number one audio company in America, which also has a greater reach in the U.S. than any other media outlet, announced today the lineup for the third annual iHeartRadio ALTer EGO Presented by Capital One. The event, hosted by Woody of iHeartRadio ALT 98.7’s nationally-syndicated The Woody Show, will feature the biggest names in Alternative Rock including Billie Eilish, The Black Keys, blink-182, The Lumineers, Rex Orange County, SHAED will perform live at the historic, “Fabulous” Forum in Los Angeles on January 18, 2020 to celebrate everything Alternative Rock.
Blumhouse and iHeartMedia today announced a strategic partnership to produce a series of fictional podcasts for potential, future film and television development. The first in the slate of co-produced podcasts is “The Mantawauk Caves” from writer, director, producer Dan Bush (The Signal, The Vault, The Dark Red). “The Mantawauk Caves” weaves together narrative threads of a social drama and supernatural horror, following three boys who enter a cave in the Appalachian Mountains - the oldest range in the world - and only one makes it out alive.
iHeartMedia, Inc. (IHRT) announced that they will release their financial results for the quarter ending September 30, 2019 on Thursday November 7th, 2019, originally scheduled for Wednesday November 6th, 2019, and will conduct a conference call at 8:30 a.m. (ET), following the release of its earnings announcement. A live audio webcast of the call will be available on the Investors homepage of iHeartMedia’s website (https://investors.iheartmedia.com/) beginning at 8:30 a.m. (ET) on November 7th. The conference call can also be accessed by dialing (800) 230-1074 (domestic) or (612) 234-9960 (international) using PIN number 472759.
iHeartMedia, Inc. (IHRT) announced today that on Wednesday November 6th, 2019, it will issue financial results for the quarter ending September 30, 2019. A live audio webcast of the call will be available on the Investors homepage of iHeartMedia’s website (https://investors.iheartmedia.com/) beginning at 8:30 a.m. (ET) on November 6th. The conference call can also be accessed by dialing (800) 230-1074 (domestic) or (612) 234-9960 (international) using PIN number 472759.
In celebration of International Podcast Day, iHeartMedia, the No. 1 podcast publisher globally, today announced the return of the iHeartRadio Podcast Awards to the iHeartRadio Theater Los Angeles on Friday, January 17, 2020 at 8 p.m. PT. The second annual live awards event, which will broadcast and stream live across iHeartMedia stations nationwide, will honor the most entertaining and innovative podcasts of 2019 and will span 30 categories, celebrating the incredible talent and wide variety of leaders across the booming podcasting industry.
Taylor Swift, Katy Perry, BTS, Jonas Brothers, Camila Cabello, Khalid, Sam Smith, Billie Eilish, Lizzo, 5 Seconds of Summer, Niall Horan and More Top Artists Lead All-Star Lineups in Major Cities Across the U.S.
iHeartMedia, the No. 1 podcast publisher globally, today announced the official launch of “Next Question with Katie Couric,” an iHeartRadio Original Podcast hosted by Katie Couric, an award-winning journalist, New York Times bestselling author and founder of Katie Couric Media. The show will join the iHeartPodcast Network and will explore some of today’s most important issues and transformative trends through insightful and engaging conversations that span news, politics, and pop culture.
iHeartMedia, the No. 1 commercial podcast publisher globally, and Questlove, the drummer, DJ, producer, culinary entrepreneur, designer, New York Times best-selling author and member of The Roots, today announced a partnership that will bring new seasons of “Questlove Supreme,” the critically acclaimed music and pop culture based podcast, to the iHeartPodcast Network. In addition, the famed Roots drummer and Tonight Show musical director will hand curate and produce a new slate of iHeartRadio Original content, which will go beyond just music, early next year. New episodes of “Questlove Supreme” will be available weekly beginning November 6 on iHeartRadio and everywhere podcasts are heard.
Music industry stocks were on the move Tuesday after a prominent analyst initiated coverage on Spotify Technology SA (NYSE: SPOT ), Sirius XM Holdings Inc (NASDAQ: SIRI ), iHeartMedia Inc (NASDAQ: IHRT ...
Shares of Spotify (NYSE:SPOT) have been struggling since its IPO in early 2018. SPOT stock continues to trade sideways and consolidate even with the overall market heading higher. Spotify stock is now below the opening price from when it went public last April. The move away from streaming and towards podcasts is starting to reap benefits, though. Time to be a buyer of SPOT on any weakness.Source: Kaspars Grinvalds / Shutterstock.com Fortune even contended back in May 2018 that Spotify has a broken business model and will never be profitable. Despite reporting its first operating profit in 13 years last February, some analysts have been skeptical that significant returns will ever come.However, after the company's recent implementation of significant operational changes, SPOT stock now represents a bargain at just under $130 a share.InvestorPlace - Stock Market News, Stock Advice & Trading TipsI'm not buying into the arguments of streaming enthusiasts like New York University's Larry Miller. He recently suggested to CNBC that streamers will bankrupt the radio industry within a decade. Most traders know that music streaming is not very profitable, at least on its own, and that streaming services like Spotify would be wise to embrace some of the same attributes of the radio industry, which draw the vast majority of audio listening to local radio stations. Spotify Stock Chart That is exactly why I believe now is an ideal time to buy shares of Spotify. SPOT analyzed the long-term success of radio and other businesses connected to music. It then shifted away from its exclusive music focus and towards a more sustainable business model. Its focus on building a loyal customer base is beginning to pay off. * 7 Discount Retail Stocks to Buy for a Recession SPOT is also looking attractive on a technical basis. Spotify stock reached oversold levels on a nine-day relative strength index basis before strengthening. The moving average convergence/divergence also reached an extreme and has since headed higher. Bollinger Percent B was negative and now has reversed to turn positive. There is major long-term support at $120. SPOT stock is also at a big discount to the 20-day moving average which has led to a pop in the past.Just weeks ago, one year after radio giant iHeartMedia (NASDAQ:IHRT) acquired podcasting pioneer Stuff Media, Spotify unveiled Spotify for Podcasters, an interface that will greatly increase the number of show series on the Spotify app. This follows the move earlier by SPOT to delve further into podcasting. Spotify acquired podcast industry giants like Gimlet Media, Anchor and Parcast to further this initiative. SPOT Stock and Podcast ProfitabilityThis shift to podcasting should soon have positive effects for profitability, and ultimately, SPOT stock. Believe it or not, the radio industry still reaches more Americans (93%) than any other platform. This has less to do with music and more to do with the wide, loyal following brought about by the connection between host and listener. SPOT is looking to capitalize on this connection via podcasts.The Washington Times recently underscored this point by using the example of Casey Kasem and his renowned "American Top 40" syndicated radio program. Despite Kasem having not been live on the air for years, thousands of people still tune into the re-run tapings. According to The Washington Times, the reason is because, "while they can listen to their favorite oldies anywhere …there's only one place they can get Casey."Without those clear connections, streamers haven't managed to create a loyal listener base, and advertisers have thus stuck with radio over streaming. Advertisers can also target a specific base via podcasts -a decided plus. The Bottom LineSpotify has acknowledged that it must embrace what has already proven to be effective. This is why they created Spotify for Podcasters and acquired podcasting giants. The numbers already suggest the move is effective. Its total subscribers and monthly active users grew by 31% and 29%, respectively, as its quarter-over-quarter podcast growth increased by over 50% according to the latest earnings report. Slowly but surely, podcasting is giving Spotify the community feeling that has been prevalent in radio but missing in streaming for the past 13 years. That's a good thing for long-term success. Analysts seem to agree, with an average price target of $170.07 per share. Investors can remain ahead of the curve by adding SPOT stock to their portfolio near current levels.Tim may hold some of the aforementioned securities in one or more of his newsletters. Anyone interested in finding out more about Tim and his option-based strategies can go to https://marketfy.com/item/options-and-volatility. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Big IPO Stocks From 2019 to Watch * 7 Discount Retail Stocks to Buy for a Recession * 7 Stocks to Buy Benefiting From Millennial Money The post 'Spot' This Great Long-Term Opportunity in Spotify Stock appeared first on InvestorPlace.
Event Will Also Feature Performances by Alicia Keys, Backstreet Boys, Cage The Elephant, Camila Cabello, Chance The Rapper, Def Leppard, French Montana, Halsey, Heart, H.E.R., Hoot
Launching on the iHeartPodcast Network, MSNBC anchor Stephanie Ruhle discusses topics of masculinity, #MeToo, political correctness, privilege and more
iHeartMedia, Inc. announced today that Rich Bressler, the company’s President, Chief Operating Officer and Chief Financial Officer, will participate in a question and answer session during the Deutsche Bank Leveraged Finance Conference on Tuesday September 24, 2019 at 11:20 a.m.
iHeartMedia, Inc. (IHRT) announced today that Bob Pittman, the company’s Chairman and Chief Executive Officer, will participate in a question and answer session during the Goldman Sachs Communacopia Conference in New York, NY on Thursday September 19, 2019 at 10:30 a.m. Eastern Time. A live webcast of the session will be available to the general public through a link on the Investors homepage of iHeartMedia’s website (https://investors.iheartmedia.com/). A replay of the audio webcast will be available in the Events & Presentation section of iHeartMedia’s Investors homepage.
iHeartMedia, Inc. announced today that Bob Pittman, Chairman and Chief Executive Officer, will participate in a question and answer session during the Bank of America Merrill Lynch 2019 Media, Communications & Entertainment Conference in Los Angeles, CA on Wednesday September 11, 2019 at 1:35 p.m.