The CEO and COO/CFO of the nation’s No. 1 radio station owner will be front-and-center on Wednesday afternoon, as they take part in a major investor conference.
Bob Pittman, chief executive of iHeartMedia, will be joined by President/COO and CFO Rich Bressler in a question and answer session during the Goldman Sachs 29th Annual Communacopia Conference.
Their session is scheduled for Sept. 16 at 1:15pm Eastern. While it won’t be available for live view, a replay of the event will be available at a later time in the Events & Presentation section of iHeartMedia’s Investors homepage: https://investors.iheartmedia.com/.
It’s been a busy week for iHeart, in particular in the podcast space. It inked a deal with ViacomCBS with a 36-month term for dozens of podcasts, including an audio reimagining of MTV’s Yo! MTV Raps. This comes on the heels of the creation of a Black Effect Podcast Network via a partnership with Charlamagne tha God, an air talent who is a key component of The Breakfast Club, a Premiere Networks-syndicated program based at iHeart-owned WWPR-FM “Power 105.1” in New York.
Even Bill Clinton made headlines because of iHeart: the former president will host a podcast for the company, starting in early 2021.
All of this failed to light up IHRT on Wall Street this week. On light trading, iHeart shares were down 2.9% to $8.92 in midday trading on Friday, after starting the week at $9.13. The company’s shares are up from $6.65 — a July 10 closing price. But, June 8 marked the COVID-19 era high for IHRT, at $11.60.
