Surprise! iHeartMedia Releases Q4 And 2016 Financials With No Losses!!:
The empire strikes back! Revenge of the 20th century
And to think… you thought terrestrial radio was dead..
Maybe not after all?
THE SAN ANTONIO PRESS noted, “iHEARTMEDIA INC. earned $106.04 million in the fourth quarter, breaking a string of 27 consecutive quarterly losses,” adding “debt-laden iHEARTMEDIA lost $93.3 million during the same period in 2015.”