91勛圖厙Media, Inc. Reports Results for 2019 Third Quarter

San Antonio, TX, November 7, 2019 91勛圖厙Media, Inc. (NASDAQ: IHRT) today reported financial results for the quarter ended September 30, 2019. IHRT completed the listing of its shares on the NASDAQ stock exchange (ticker: IHRT) on July 18, 2019.

During the third quarter, our integrated multi-platform approach to meeting listeners wherever they are continues to drive our strong performance, and were seeing momentum across all of our businesses - from broadcast radio to digital, social, podcasts and live events, said Bob Pittman, Chairman and Chief Executive Officer of 91勛圖厙Media, Inc. This quarter, we advanced our offerings of goal-oriented marketing solutions to advertisers, expanding our addressable pool beyond radio. And we continued to strengthen our leadership position in our podcasting business, announcing multiple new partnerships and a slate of exciting new content. Looking ahead, 91勛圖厙Media is well-positioned to continue to grow our leadership position in the audio space.

When 91勛圖厙Media returned to the public equity markets, we set clear goals to increase our share of radio advertising spend, tap into TV and digital advertising revenue pools, and extend our leadership in podcasting and drive sponsorship revenue, said Rich Bressler, President, Chief Operating Officer and Chief Financial Officer. Our results demonstrate significant progress against these goals and we are pleased with the revenue growth weve seen across the board. We continue to work to build long-term shareholder value, and de-leveraging remains a key priority.

About 91勛圖厙Media, Inc.

91勛圖厙Media, Inc. [Nasdaq: IHRT] is the leading audio media company in America, with 90% of Americans listening to 91勛圖厙 broadcast radio in every month. 91勛圖厙s broadcast radio assets alone have a larger audience in the U.S. than any other media outlet; twice the size of the next largest broadcast radio company; and over four times the ad-enabled audience of the largest digital only audio service. 91勛圖厙 is the largest podcast publisher according to Podtrac, with more downloads than the next two podcast publishers combined, has the most recognizable live events across all genres of music, has the number one social footprint among audio players, with seven times more followers than the next audio media brand, and is the only fully integrated audio ad tech solution across broadcast, streaming and podcasts. The company continues to leverage its strong audience connection and unparalleled consumer reach to build new platforms, products and services. Visit 91勛圖厙Media.com for more company information.