iHeartRadio Surpasses 30 Million Registered Users

iHeartRadio Surpasses 30 Million Registered Users At Record Pace
 
Second Fastest-Growing Digital Service in Internet History Earns Place on iTunes’ List of Top 20 All-Time Free Apps
Rapid Consumer Growth Fueled by Easy Access Across Multiple Platforms, Massive Music Library, Roll-Out of New Features and the Promotional Power of Clear Channel's Broadcast Radio Stations

New York, NY - May 13, 2013 - iHeartRadio, Clear Channel Media and Entertainment’s industry-leading, all-in-one digital radio service, today announced that it has surpassed 30 million registered users. In achieving this milestone in less than two years since its launch, iHeartRadio becomes second only to Instagram as the fastest-growing digital service in Internet history -- a growth rate two times faster than Facebook. Since iHeartRadio listeners are not required to create an account to stream broadcast radio stations, the number of registered users reflects only a small snapshot of the service’s overall reach, particularly given the175 million downloads of the iHeartRadio mobile app and more than 60 million monthly uniques across its digital network.

iHeartRadio’s recent placement on the iTunes Top 20 All-Time Free Apps list coupled with its rapid growth points to a larger trend in consumer listening habits.  As smartphones and tablets become more ubiquitous, easy-to-use, free applications like iHeartRadio provide consumers with access to their favorite music regardless of whether they're at home or on the go.  iHeartRadio's additional add-in features like local weather and news, as well as “Perfect For” curated playlists, appeal to a diverse audience and have driven overall adoption of digital music, even as research shows that record numbers of consumers are also tuning in to their favorite over-the-air broadcast stations.  Recent numbers from Katz Radio Group reported that broadcast radio comprises 92.4% of all audio listening, with digital claiming a 7.6% stake, indicating that iHeartRadio is bringing increased incremental listening to Clear Channel’s 243 million monthly broadcast listeners.

“iHeartRadio sets the standard for how radio continues to fit into people’s everyday lives. This latest milestone is another clear indication how our full-featured iHeartRadio experience resonates with tens of millions of people – with more coming every day,” said Brian Lakamp, President of Digital for Clear Channel Media and Entertainment. “Being able to draw on Clear Channel's unparalleled range of resources allows us to continually innovate and improve on the user experience, while giving listeners access to both live radio and custom stations.  When you combine this with the strong promotional power of Clear Channel’s broadcast properties across the nation, iHeartRadio is well-positioned to continue or even surpass our current adoption rate.”

iHeartRadio reached 20 million registered users faster than any digital service in internet history.  It continues to be the No. 1 digital radio service, offering listeners instant access to more than 1,500 of the nation’s most popular live broadcast and digital-only radio stations from more than 150 cities, plus user-created Custom Stations inspired by favorite artists and songs. In addition to Clear Channel’s 850 radio stations, iHeartRadio also includes a number of other radio groups, such as Univision, Cumulus, Greater Media stations, WNYC, EMF’s Contemporary Christian Air1 and KLove stations, college radio, Cox, Emmis, Salem and others. With a library of more than 16 million songs and 400,000 artists, iHeartRadio’s Custom Station feature offers listeners more music than any other service available.

iHeartRadio is available across all major platforms including web, mobile, tablets, automotive, television and gaming devices. Visit iHeartRadio.com for a complete list of app availability and to download.

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 500 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.