Bankrupt iHeartMedia Owes Musicians Millions
Included in the mountains of documents filed in preparation for last night's iHeartMedia bankruptcy were lists of unpaid bills. Alongside $20 billion in debts to bondholders were performing rights organizations,. Continue reading
iHeartMedia Files Chapter 11 Bankruptcy
iHeartMedia has filed a Chapter 11 Bankruptcy plan that includes reduction of its $20.8 billion debt by $10 billion. The expected filing, which comes after months of haggling with creditors,. Continue reading
iHeartMedia Bankruptcy Talks Extended Yet Again
A new forbearance filed with the SEC on Wednesday morning gives iHeartMedia yet another day to come to terms with its $20 billion in creditors. Today marks the sixth extinction. Continue reading
iHeartMedia Bankruptcy Talks Extend To Midnight Tonight
[TUESDAY 3.13.18 8AM ET] The bankruptcy and reorganization of iHeartMedia has been postponed for another 24 hours, according to an SEC filing overnight. Creditors have agreed to a forbearance agreement. Continue reading
iHeartMedia Bankruptcy Delayed To Today For Awards Show
iHeartMedia's likely bankruptcy was reportedly pushed to later today to avoid distracting from the company's signature iHeart Radio Awards show, which was televised live on Sunday night. The delay also. Continue reading
iHeart Radio Music Awards 2018 – Full Winners List
One day before a looming bankruptcy deadline for parent iHeartMedia, Thomas Rhett, Sam Hunt, and Luke Combs were among the big winners at the fifth iHeartRadio Music Awards last night. . Continue reading
iHeartMedia Bankruptcy Talks Extended Through Monday
The deadline to submit a plan for an orderly bankruptcy of iHeartMedia, its 855 radio stations, streaming service and other assets has been extended through 11:59 PM CT on Monday,. Continue reading
iHeartMedia, 855 Radio Stations Go Bankrupt At 11:59 PM CST Wednesday
UPDATE 3 – The court gave iHeartMedia, its 855 radio stations and creditors until 11:59 PM Central time, Wed. March 7th to agree to a reorganization that would reduce its. Continue reading
iHeartMedia Bankruptcy Delayed 2 Days, $15B Debt Erased
Creditors gave iHeartMedia a bit more time to work out an orderly bankruptcy plan. America's largest broadcast radio owner has until 11:59 PM Wednesday to agree with creditors on a. Continue reading