Sep 13, 2022 / 05:45PM GMT
Stephen Neild Laszczyk - Goldman Sachs Group, Inc., Research Division - Research Analyst
All right. Let's get started with our next session. Thank you, everyone, for joining us today. We're excited to welcome back to go for you this year in person, Bob Pittman, Chairman and CEO; Richard Bressler, President, COO, and CFO of iHeartMedia. Bob, Richard, thank you for joining us today.
Richard J. Bressler - iHeartMedia, Inc. - President, COO, CFO & Director
You're quite welcome.
Questions and Answers:
Stephen Neild Laszczyk - Goldman Sachs Group, Inc., Research Division - Research AnalystSo great. Let's get started off. So maybe from a high level, the operating environment has changed a fair bit from this point a year ago. For example, the macro outlook softened a bit. And that's had some follow-on weakness into the broader advertising market. That said, iHeart continues to execute against some of its main initiatives, including growing individual audio business, streamlining its cost structure, and deleveraging
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