Sep 10, 2020 / 03:40PM GMT
Jessica Jean Reif Ehrlich - BofA Merrill Lynch, Research Division - MD in Equity Research
Hello. Good morning. Thank you for joining us again. We're thrilled to be here with iHeart management. We are joined by Bob Pittman, CEO of iHeartMedia; and Rich Bressler, COO and CFO. Good morning, Bob and Rich.
Robert W. Pittman - iHeartMedia, Inc. - Chairman & CEO
How are you?
Questions and Answers:
Jessica Jean Reif Ehrlich - BofA Merrill Lynch, Research Division - MD in Equity ResearchGreat. So after doing a direct listing on the NASDAQ in July of last year, the business was actually on a healthy pace to generate substantial EBITDA and free cash flow. Then as we all know, in mid-March, we were hit by COVID, which meaningfully impacted the U.S. economy. So -- whereas trends were improving significantly pre-COVID. We've all kind of had to pull back. How are you thinking about the long-term trajectory of iHeart from here? Is it any different than -- was it any different than pre-COVID? And what do you think -- I just