iHeartMedia, Inc. engages in the provision of media and entertainment services. It operates through the following segments: Multiplatform Group, Digital Audio Group, and Audio and Media Services Group. The Multiplatform Group segment consists of Broadcast radio, Networks and Sponsorships and Events businesses. The Digital Audio Group segment focuses on the Digital businesses, including Podcasts. The Audio and Media Services segment includes Katz Media Group (“Katz Media”), the company’s full-service media representation business, and RCSSound Software (“RCS”), a provider of scheduling and broadcast software and services. The company was founded by L. Lowry Mays and B. J. McCombs in May 2007 and is headquartered in San Antonio, TX.
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