ARN boss says iHeartRadio will ‘operate as usual’ following iHeartMedia bankruptcy

Josie Tutty

March 15, 2018 10:29

ARN CEO Rob Atkinson said he expects iHeartRadio Australia will “continue to operate as usual” following iHeartMedia’s filing for bankruptcy.

iHeartMedia, the parent company of ARN’s streaming partner iHeartRadio, filed for Chapter 11 bankruptcy in the US today.

“ARN does not expect the iHeartMedia Chapter 11 proceedings to in any way impact the current licensing arrangement,” Atkinson said in a statement to Mumbrella.

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Josie Tutty

Josie Tutty was Mumbrella's deputy editor. She worked on the publication between 2017 and 2019. She's previously written and edited in the UK for Jungle Creations and Trinity Mirror.

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1 COMMENTS

Faux 17 Mar 18

While there is an obvious Australian angle to this story, perhaps the most important thing for Australian audiences to note is that the largest traditional radio station operating company in the US has gone broke. iHeartRadio was not a typical long-lossmaking tech company that was growing market share. It was a colossus of traditional media that was also online.

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