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Podcasting Up, Broadcast Down in iHeartMedia's Q2
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Podcasting Up, Broadcast Down in iHeartMedia's Q2
iHeartMedia reported financial results for the second quarter, telling investors that it is delivering positive financial results in an uncertain environment. The big media company said it is “continuing to outperform in podcasting as we cement our #1 leadership position,” but that it also has a “commitment to reignite growth in [the] broadcast radio business.” It also updated the business community on its effort to save $150 million through the…
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