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The Federal Trade Commission and a handful of states announced settlements Monday with Google and iHeartMedia related to misleading radio advertisements about a Google cellphone.
Google and iHeartMedia will pay millions as they settle with the FTC and a handful of states in connection to ads for the tech giant's Pixel 4 smartphone.
SACRAMENTO, Calif. — The Federal Trade Commission and a handful of states announced settlements Monday with Google and iHeartMedia related to misleading radio advertisements about a Google cellphone.
The U.S. Federal Trade Commission and seven U.S. states sued Alphabet Inc's Google and iHeartMedia Inc on Monday over alleged deceptive ads promoting Google's Pixel 4 smartphone in 2019 and 2020, the FTC said.
iHeartMedia, Inc. (NASDAQ:IHRT ) Q3 2022 Results Conference Call November 3, 2022 4:30 PM ET Company Participants Mike McGuinness - Deputy CFO and Head IR Bob Pittman - Chairman and CEO Rich Bressler - President, COO and CFO Conference Call Participants Steven Cahall - Wells Fargo Dan Day - B. Riley Securities Jim Goss - Barrington Research Operator Good afternoon.
iHeartMedia (IHRT) delivered earnings and revenue surprises of 0% and 0.63%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (NASDAQ: IHRT) announced today that on Thursday November 3rd, 2022, it will issue financial results for the quarter ending September 30, 2022.
iHeartMedia stock has sold down from $28 in late 2020 to under $7 over the summer. The company has the best podcast publishing footprint in the world and has transitioned from just 12% of revenue from digital to 26% in just two years.
iHeartMedia and State Farm launched iHeartLand on Wednesday, which will feature gaming, live events, music, and more.
IHRT shares are down almost 60% year-to-date but appear to have bottomed with the latest quarterly results. Management sounded confident about the second half of the year, believing that they can capture significant political ad dollars during the upcoming elections over Q3 and Q4.