In seven separate Form 314 filings made with the FCC on Tuesday, reflecting the unique licensee names used by the nation’s No. 1 owner of AM and FM radio stations, iHeartMedia officially presented to the Commission its Chapter 11 restructuring plan — and how it plans to operate once it emerges from debtor-in-possession status.
The biggest takeaway from the filings involves the role Liberty Media will have. Additionally, iHeart will need to sell off two small-market stations.
