trending Market Intelligence /marketintelligence/en/news-insights/trending/NBiBrUWLE67EbTC_ZMwxlw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Report: Liberty Media seeks to acquire additional iHeartMedia stake

Virgin Media-O2 Tie Up, EC Reversal on Three-O2 to Reboot Consolidation

COVID-19 Impacts Incumbent Telco Revenues In Western Europe

Disney+ Ditches Free Trials — Will Other Big Streamers Follow Suit?

COVID-19 Pandemic Likely To Cause US Telemedicine Boom


Report: Liberty Media seeks to acquire additional iHeartMedia stake

An affiliate of Liberty Media Corp. submitted a request with the U.S. Department of Justice to acquire a larger stake in iHeartMedia Inc., The Wall Street Journal reported, citing sources.

Liberty Media, which currently owns a 4.8% stake in iHeartMedia through Sirius XM Holdings Inc., could have outright ownership of the Texas-based media company if a deal is approved.

The U.S. government is considering Liberty Media's request. Antitrust officials of the Justice Department recently asked interested parties about possible impacts of a potential deal between a live entertainment company and a radio company, without dropping specific company names.

However, the John Malone-led company has yet to decide on the kind of transaction it would go for given an approval.

In February 2018, Liberty Media reportedly considered to buying a 40% stake in iHeartMedia for $1.16 billion in cash, but withdrew the proposal in June 2018 after concluding that iHeartMedia's results were below expectations.

IHeartMedia underwent a restructuring process that led to the separation of the company with Clear Channel Outdoor Holdings Inc. The process concluded in May, which saw iHeartMedia reducing its debt to $5.75 billion from $16.1 billion.