|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's Range||17.05 - 17.05|
|52 Week Range||15.00 - 19.00|
|Beta (3Y Monthly)||0.83|
|PE Ratio (TTM)||14.52|
|Earnings Date||Jul 29, 2019 - Aug 2, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||30.00|
NEW YORK, July 10, 2019 /PRNewswire/ -- Today, Nielsen (NLSN) announced the launch of the Nielsen, Podcast Listener Buying Power Service from Nielsen Scarborough, with iHeartMedia, Cadence13, Midroll-Stitcher's advertising arm, Westwood One and cabana as charter clients. For the first time, clients will be able to profile shows using program titles collected from our subscribers in order to connect specific types of listeners with particular advertisers and specific program-level insights.
iHeartMedia, Inc. (OTC PINK: IHTM) today announced that its Class A common stock has been approved for listing on the NASDAQ Global Select Market. As previously announced, iHeart had been evaluating all paths to achieve a listing of its Class A common stock on a recognized U.S. stock exchange following emergence from its restructuring process.
The audio landscape is exploding and over the last two years there has been huge growth across various audio categories including a 2500 percent growth in smart speaker ownership and more than 48 percent increase in podcast listening, according to the Edison Infinite Dial 2019 study. Although all ages enjoy listening to audio and spend an average of 17.2 hours a week with their favorite broadcast radio stations, streaming music service, podcasts and more, the study found that Millennials and Gen Z listen the most, spending more than 18 hours each week and 2.6 hours or more each day listening to audio.
iHeartMedia, America’s leading audio company, and WPP, the creative transformation company, today announced the launch of Project Listen to develop next-generation insights, planning and creative capabilities in audio. The two companies will help brands better engage with consumers and win across all audio platforms: broadcast radio, digital streaming, podcasts, smart speakers and live events. Consumer listening is at an all-time high, according to new iHeartMedia research.