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Add as a preferred source on GoogleiHeartMedia Shares Rise 13% as Company Denies Podcast Sale Report
The report described a possible sale of part or all of the company’s podcast business.
iHeartMedia denied a report about a possible sale of its podcast business Wednesday, Nov. 11. Its shares rose 13% that day.
The report described a potential sale covering part of the podcast operation or possibly the entire business. iHeartMedia is the largest radio station owner in the United States.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.