Guggenheim analyst Curry Baker lowered the firm’s price target on iHeartMedia (IHRT) to $4.50 from $5 and keeps a Buy rating on the shares
The FCC is probing iHeartMedia over alleged payola violations, questioning if artists are pressured to perform for free for airplay.
* Drake ’s beef with iHeart Media is settled. The Associated Press, via Yahoo News, cited court documents which recently broke news of a settlement reached in the Canadian entertainer’s legal dispute with iHeart, who said it “did nothing wrong.”
HeartMedia Chief Legal Officer Jordan Fasbender has announced her resignation to pursue an opportunity outside the company.
In a regulatory filing, iHeartMedia (IHRT) disclosed that its CEO Robert Pittman bought 200K shares of common stock on March 4th in a total
Drake & iHeartMedia have reached a settlement in Drake's dispute about Kendrick Lamar's "Not Like Us" being boosted on radio airplay. Keep watching for the full story. What do you think of Drake's lawsuit?
Texas-based iHeartMedia says it settled its legal dispute with Drake over Kendrick Lamar’s diss track “Not Like Us” after demonstrating that it “did nothing wrong.”
Drake’s legal battles over the success of Kendrick Lamar’s acclaimed “Not Like Us” continues as he settles one dispute. According to the Associated Press, the 38-year-old and iHeartMedia have reached a settlement regarding a legal petition filed in November where the Canadian musician claimed the company boosted the diss record on the radio by taking illegal payments from Universal Media Group (UMG).
The collaboration aims to close the fire and CO safety education gap and help keep communities safe through local events.
The Toronto rapper claimed that Universal Music Group made payments to iHeartMedia for airtime of Lamar's Grammy-winning diss track.
The rapper still alleges Universal Music Group conspired to illegally boost Kendrick Lamar on radio stations and streaming services
Drake has alleged UMG engaged in “irregular and inappropriate business practices” to get radio airplay for “Not Like Us.”
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