• Apple is reportedly considering investing in iHeartRadio

    2 monthes ago - By The Verge

    IHeartMedia, the largest radio company in the US, is exploring investments with several companies, including Apple, in advance of filing a reorganization plan with bankruptcy court, the Financial Times reports. The company has $20 billion in debt and filed for bankruptcy protection in March.
    Sources tell Financial Times that Apple is one of several investors that have been considered, and iHeartMedia is looking for an equity stake worth tens of millions of dollars. An alternate source suggested that deal could look like a marketing partnership rather than a direct cash infusion into the...
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  • Apple could bring Beats 1 to broadcast radio

    Apple could bring Beats 1 to broadcast radio

    2 monthes ago - By Engadget

    Apple could be set to invest in iHeartMedia, and may bring its Beats 1 station to the broadcast network as part of a deal. Discussions are in the early stages, The Financial Times reports.
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  • Report: Apple Considers Investment In iHeartMedia

    Report: Apple Considers Investment In iHeartMedia

    2 monthes ago - By SiliconTap

    Apple is reportedly looking to make a large investment in bankrupt radio broadcaster iHeartMedia, according to a report on Tuesday. The report, from FT, is still in the preliminary stages, and reportedly has not yet been signed. iHeartMedia is based in New York.
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