iHeartMedia To Declare Bankruptcy As Early As Today

iHeartMedia is preparing to enter Chapter 11 bankruptcy as early as Monday, according to multiple sources. iHeart owns 855 radio stations in the US, as well as,  multiple popular streaming channels.

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Why Congress Should Pass The Classics Act: Artists Speak

Here notable artists Mary Wilson and Darlene Love make a powerful case in favor of shutting the massive loophole which currently allows digital music services to artists and rights owners. Continue reading

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Liberty, SiriusXM Offer iHeart $1.16B Cash Infusion

Liberty Media has signed a deal memo to infuse $1.158 billion into iHeartMedia.  iHeart, which owns 850 AM and FM radio stations, has struggled under the burden of $20 billion. Continue reading

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TUE. BRIEF: Liberty, SiriusXM Explore iHeart Buy • Net Neutrality Protests Today • Vero vs Instagram • More

TUESDAY 2.27.1​8​ Music Business News From Around The Web  Updated continuously under our More News tab

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MediaCreek Acquires Live365, EmpireStreaming, Adds Execs

Net broadcasting platform Live365, and EmpireStreaming, an audio-centric CDN and services company, announced today that both are now part of Media Creek, Inc., a newly-formed Delaware holding company of audio-centric. Continue reading

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Radio Holds Key To Streaming Growth [Mark Mulligan]

Streaming use is growing and broadcast radio's audience is shrinking. No surprise there.  But what is of interest is the slow pace of the shift, which presents opportunities for streaming. Continue reading

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SiriusXM Drops The Loft Curated Eclectic Music Channel

Sirius XM has pulled The Loft, an important outlet for independent music, from its satellite. The channel's longtime programming chief Mike Marrone has also exited and an all-Eagles channel is. Continue reading

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D.I.Y. Radio Promo: How To Contact Radio Stations

For artists, a great way to reach a new pool of fans and build relationships with tastemakers, independent radio can be an excellent promotional avenue to pursue. Here we look. Continue reading

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Cumulus, Owner Of 446 U.S. Radio Stations, Files For Bankruptcy Protection, Stock Falls 45%

Cumulus Media, the third biggest owner of U.S. broadcast radio stations,as well as Westwood One, has filed for Chapter 11 Bankruptcy protection. Top broadcast radio owner iHeartMedia has also been. Continue reading

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FCC Boss Wrecks Media Ownership Rules In Huge Gift To Sinclair Broadcasting

While the FCC's Ajit Pai has been working hard to ignore the public outcry against the death of net neutrality, he's also been busy actively gutting media consolidation and ownership. Continue reading

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