trending Market Intelligence /marketintelligence/en/news-insights/trending/9sx5hkns-d3b65dbsumh2q2 content esgSubNav
In This List

Report: Liberty Media eyeing 40% stake in iHeartMedia

Blog

Discovery+ dives into a crowded US OTT video market

Blog

Insight Weekly: US stock performance; banks' M&A risk; COVID-19 vaccine makers' earnings

451 Research Podcast

Next in Tech | Episode 42: AI/ML Infrastructure

Video

S&P Capital IQ Pro | Powered by Expert Insights


Report: Liberty Media eyeing 40% stake in iHeartMedia

Liberty Media Corp. is looking to buy a 40% stake in iHeartMedia Inc. for $1.16 billion in cash, The Wall Street Journal reported Feb. 26.

The news comes as the radio company has been negotiating a restructuring of its more than $15 billion in debt with lenders.

Liberty Media also controls Sirius XM Holdings Inc., and a tie up with iHeartMedia could combine the large radio broadcaster with the leading satellite radio provider.