iHeartMedia Announces New Market Leadership Structure To Accelerate Data And Digital Evolution

iHeartMedia Markets Group Promotes Four Senior Executives to Division Presidents

New York, NY – July 16, 2018 – iHeartMedia, the leading audio company in America which also has a greater reach in the U.S. than any other media outlet, announced today that four of its Region  Presidents have been elevated to Division Presidents of the iHeartMedia Markets Group, effective immediately. Linda Byrd, Scott Hopeck, Brian Olson and Jeff Tyler will expand their current Region President roles to include Division President responsibilities -- joining current Division Presidents Kevin LeGrett and Tom McConnell -- and will report to Greg Ashlock, President of the iHeartMedia Markets Group.

As the leader in audio – from iHeartMedia’s record-setting broadcast radio reach to its unparalleled slate of year-round major live music events; its position as the leading audio service on Snapchat, YouTube and voice activated virtual personal assistants and smart speakers; and its leadership as the number one commercial radio podcaster in the U.S -- these promotions help the company reach the next step in its continued data- driven, digital evolution by providing more focused leadership in all local markets, benefiting both the listeners and business partners.

“With the substantial lead we have as the number one audio company in America, we have built a one-of-kind multiplatform company that offers our advertising partners benefits, driven by our unique first party and attribution data, that until now they have only found in digital,” said Ashlock.  “As we continue to transition these capabilities from our national platforms to the market level, this new leadership structure will allow us to accelerate how we import and export innovation.”

“These solutions are in response to the needs articulated by our advertising partners,” he continued. “We now have solutions for the largest all the way to the smallest of our partners which will enable us to continue to both expand our platforms and build products that only a company of our scale can accomplish.”

iHeartMedia also announced that in addition to his Division President responsibilities, LeGrett has been named Executive Vice President of Operations for the Markets Group, reporting to Ashlock.

About iHeartMedia, Inc.

iHeartMedia (NASDAQ: IHRT) is the number one audio company in the United States, reaching nine out of 10 Americans every month. It consists of three business groups.

With its quarter of a billion monthly listeners, the iHeartMedia Multiplatform Group has a greater reach than any other media company in the U.S. Its leadership position in audio extends across multiple platforms, including more than 860 live broadcast stations in over 160 markets nationwide; its National Sales organization; and the company’s live and virtual events business. It also includes Premiere Networks, the industry’s largest Networks business, with its Total Traffic and Weather Network (TTWN); and BIN: Black Information Network, the first and only 24/7 national and local all news audio service for the Black community. iHeartMedia also leads the audio industry in analytics, targeting and attribution for its marketing partners with its SmartAudio suite of data targeting and attribution products using data from its massive consumer base.

The iHeartMedia Digital Audio Group includes the company’s fast-growing podcasting business -- iHeartMedia is the number one podcast publisher in downloads, unique listeners, revenue and earnings -- as well as its industry-leading iHeartRadio digital service, available across more than 250 platforms and 2,000 devices; the company’s digital sites, newsletters, digital services and programs; its digital advertising technology companies; and its audio industry-leading social media footprint.

The company’s Audio & Media Services reportable segment includes Katz Media Group, the nation’s largest media representation company, and RCS, the world's leading provider of broadcast and webcast software.

Visit iHeartMedia.com for more company information.