iHeartMedia (OTC: IHRT) Archives

Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Can Rush Limbaugh’s New Contract Save iHeart Media?

At the end of the day, Rush and iHeart need each other desperately. iHeart is the only entity out there that can provide the kind of nationwide platform Rush needs to reach his audience. Nobody not even Sirius; nor CBS Radio (NYSE: CBS), has the reach of iHeart into the American heartland.

Market Insanity

Rush Limbaugh’s Problems are Sirius XM’s Opportunity

June 1, 2016 daniel Clear Channel, Howard Stern, iHeart is losing money, iHeartMedia (OTC: IHRT), rius XM reported revenues of $4.57 billion, Rush Limbaugh, Sirius is making money, Sirius XM (NASDAQ: SIRI), Sirius’s revenue is growing

It looks as if iHeart radio; and broadcasting in general might no longer be able to afford Rush Limbaugh; yet Sirius might be able to. Rush might be well worth the money; he still reaches 13 million listeners a week on the nation’s most popular radio show.