iHeartMedia Inc (NAS:IHRT)
$ 2.43 -0.06 (-2.41%) Market Cap: 358.98 Mil Enterprise Value: 5.96 Bil PE Ratio: 0 PB Ratio: 0 GF Score: 59/100

iHeartMedia Inc at UBS Global TMT Conference (Virtual) Transcript

Dec 09, 2020 / 02:20PM GMT
Release Date Price: $12.37 (-1.12%)
Alex Iosilevich

Good morning, everybody. Welcome to the iHeartMedia session at the 2020 UBS Global TMT Conference. I'm Alex Iosilevich. I will be moderating this discussion. I'm joined today by Bob Pittman, Chairman and Chief Executive Officer; Rich Bressler, President, Chief Operating Officer and Chief Financial Officer; and Mike McGuinness, Head of Investor Relations for iHeart.

The session is held in a fireside chat format. I will be running through some of the prepared questions, and then the audience should feel free to submit their own questions through the system, and we'll do our best to address them.

Questions & Answers

Alex Iosilevich

With that, I'd love to kick it off with a brief discussion of the recent performance of the business. Obviously, you guys posted a terrific Q3. There was a strong recovery in the broadcast segment. Good performance across digital and podcasting. Can you talk a little bit about the last few weeks since the earnings release, how the business is tracking? Any surprises, any updates in terms of performance of the

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