iHeartMedia has announced a new operating structure under which its Digital Audio Group business, which includes its iHeartRadio digital service as well as its podcasting business,will
publicly report its financials separately from its Multiplatform Group business, which includes its broadcast radio assets.
Each group will now operate as a separate reportable segment with dedicated management. The company has created a management structure for each business-reportable segment.
Both segments will continue to report to iHeartMedia Chairman/CEO Bob Pittman and COO/CFO Rich Bressler.
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