Responding to a report by Bloomberg that the company is exploring the sale of its podcasting segment in order to raise cash and boost its stock price, iHeartMedia released a public statement to The Hollywood Reporter denying the report. THR writes that 
iHeartMedia was talking with “investment bank Moelis & Co and others to possibly sell part of all of its podcast business, which is one of the biggest podcast networks, with shows including ‘Stuff You Should Know,’ ‘Las Culturistas,’ ‘The Breakfast Club’ and more.” The statement from iHeartMedia reads: “While we don’t generally comment on rumors or speculation, I can tell you that we have no plan to sell our podcasting business. iHeart has built the number one podcast publisher in America, with unmatched scale, premium talent and strong financial performance. Podcasting is a core strategic growth engine for our company, and we continue to invest in expanding its reach and potential, including through video podcasting.” See THR’s story here.
MONDAY, MARCH 23, 2026
