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, Inc. [Nasdaq: IHRT] is the leading audio media company in America, with 90% of Americans listening to iHeart broadcast radio in every month. iHeart’s broadcast radio assets alone have a larger audience in the U.S. than any other media outlet; twice the size of the next largest broadcast radio company; and over four times the ad-enabled audience of the largest digital only audio service. iHeart is the largest podcast publisher according to Podtrac, with more downloads than the next two podcast publishers combined, has the most recognizable live events across all genres of music, has the number one social footprint among audio players, with seven times more followers than the next audio media brand, and is the only fully integrated audio ad tech solution across broadcast, streaming and podcasts. The company continues to leverage its strong audience connection and unparalleled consumer reach to build new platforms, products and services. Visit iHeartMedia.com for more company information.