iHeartMedia, Inc. is a leading media and entertainment company based in the United States, recognized as the number one audio company in the country. It operates through three key segments: the Multiplatform Group, the Digital Audio Group, and Audio & Media Services. The Multiplatform Group encompasses over 860 live broadcast stations, national networks, and live events, boasting a monthly reach of approximately 250 million listeners. The Digital Audio Group focuses on its fast-growing podcasting business and the iHeartRadio digital service, which is available on numerous platforms and devices. The Audio & Media Services segment includes Katz Media Group, the largest media representation company in the nation, and RCS, a prominent provider of broadcast and webcast software. iHeartMedia's extensive portfolio allows it to deliver diverse audio content and innovative advertising solutions, leveraging a significant consumer base and advanced analytics capabilities. The company was incorporated in 1974 and is headquartered in San Antonio, Texas.
SVP, Corporate Development, Ventures and Emerging Initiatives
Past deals in Broadcasting
Jelli
Acquisition in 2018
Jelli, Inc. is a cloud-based advertising company specializing in the radio market in the United States. Founded in 2008 and headquartered in San Mateo, California, the company offers several key products, including SpotPlan, a programmatic buying platform for radio advertising; RadioSpot, an advertising server designed for broadcast radio that automates terrestrial radio advertising; and RadioDash, a dashboard for managing radio campaigns. Jelli's platform aims to enhance the audio advertising ecosystem by connecting publishers with listeners, thereby improving the overall quality of audio advertising experiences. As of December 31, 2018, Jelli operates as a subsidiary of iHeartMedia, Inc.
Jelli
Series B in 2015
Jelli, Inc. is a cloud-based advertising company specializing in the radio market in the United States. Founded in 2008 and headquartered in San Mateo, California, the company offers several key products, including SpotPlan, a programmatic buying platform for radio advertising; RadioSpot, an advertising server designed for broadcast radio that automates terrestrial radio advertising; and RadioDash, a dashboard for managing radio campaigns. Jelli's platform aims to enhance the audio advertising ecosystem by connecting publishers with listeners, thereby improving the overall quality of audio advertising experiences. As of December 31, 2018, Jelli operates as a subsidiary of iHeartMedia, Inc.
iBiquity Digital
Private Equity Round in 2009
IBiquity Digital develops and licenses a digital HD Radio technology for AM and FM audio and data broadcasting in the United States and internationally. Its HD radio technology allows digital radio signals to ride the same airwaves as analog AM and FM radio broadcasts. The company provides a Gigaware Navigation Control HD Radio Receiver accessory and a Gigaware HD Radio application for iPhone and iPod touch users to receive HD Radio FM broadcasts. iBiquity Digital Corporation was formerly known as USA Digital Radio, Inc. The company was founded in 1991 and is based in Columbia, Maryland, with additional offices in Basking Ridge, New Jersey; and Pontiac, Michigan.
HiWire
Series C in 2001
Hiwire is an internet software company specializing in the development of audio advertising technologies for the radio industry. The company offers a robust advertisement insertion network that facilitates the integration of audio and video advertisements. Additionally, Hiwire provides an online marketplace designed to help media entities efficiently manage, sell, and oversee inserted advertisements, enhancing the overall advertising experience for both advertisers and media platforms.
Jacor Communications Company
Acquisition in 1999
A media holding company which offers radio broadcasting and related services to radio broadcasting companies in the United States.
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