iHeartMedia Inc at Goldman Sachs Communacopia Conference (Virtual) Transcript

Feb 07, 2024

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Sep 22, 2021 / 06:05PM GMT
Stephen Neild Laszczyk - Goldman Sachs Group, Inc., Research Division - Research Analyst

Okay. Let's get started with our next session. My name is Stephen Laszczyk. And I'm the lead analyst for the music, sports and live event sector here at Goldman Sachs. We are excited to welcome back to Communacopia this year Bob Pittman, Chairman and CEO; and Rich Bressler, President, COO, and CFO of iHeartMedia. Bob, Rich, thank you for joining us today.

Robert W. Pittman - iHeartMedia, Inc. - Chairman & CEO

Well, thank you. Thanks for having us.

Questions and Answers:

Stephen Neild Laszczyk - Goldman Sachs Group, Inc., Research Division - Research Analyst

Great. So I wanted to start off at a high level. iHeart's business has recovered nicely from this point a year ago. Broadcast revenues are well off your lows. Your digital business is on track to double revenues versus 2019. And the audio advertising market is as hot as it's ever been. With that as a backdrop, how do you feel about the company's position into the back

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