Monetization Motivation: Why iHeart Seeks OK On Big Bonuses

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NEW YORK — As is the case in any large company, proper financial compensation designed to keep top-level leadership energized and devoted to carrying out the tasks and duties that ultimately push one to success is de rigueur.


But, what if your company is billions of dollars in debt, and will still be billions in debt following its hoped-for approval of a restructuring plan still under consideration in a Houston bankruptcy court?

That’s not stopping iHeartMedia from seeking the court’s approval on the awardance of multi-million dollar bonus payments to eleven key executives.

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