Company: IHETW
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001400891-25-000009
Chunk: 170

Company: iHeartMedia, Inc.
Filing Date: 2025-02-27
Form: 10-K
Item: Item 8
Chunk 170
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972 Selling, general and administrative expenses(2)971,750 184,661 157,533 275,263 (6,264)1,582,943 Segment Adjusted EBITDA(3)$461,266 $378,940 $140,674 $(275,263)$— $705,617 Depreciation and amortization(409,582)Impairment charges(922,681)Other operating expense, net(2,767)Restructuring expenses(101,384)Share-based compensation expense(32,311)Operating loss$(763,108)Segment assets$4,222,728 $586,977 $295,594 $470,247 $(3,850)$5,571,696 Intersegment revenues— 4,626 5,321 — — 9,947 Capital expenditures 52,235 22,481 10,389 12,489 — 97,594 Segments(In thousands)Multiplatform GroupDigital Audio GroupAudio & Media Services GroupCorporate and other reconciling itemsEliminationsConsolidatedYear Ended December 31, 2023Revenue$2,435,368 $1,069,167 $256,702 $— $(10,212)$3,751,025 Direct operating expenses(1)919,506 532,218 30,396 — (3,737)1,478,383 Selling, general and administrative expenses(2)962,428 188,080 154,845 277,166 (6,475)1,576,044 Segment Adjusted EBITDA(3)$553,434 $348,869 $71,461 $(277,166)$— $696,598 Depreciation and amortization(428,483)Impairment charges(965,087)Other operating expense, net(4,361)Restructuring expenses(60,353)Share-based compensation expense(35,625)Operating loss$(797,311)Segment assets$5,443,207 $626,004 $310,909 $576,426 $(3,935)$6,952,611 Intersegment revenues— 4,800 5,412 — — 10,212 Capital expenditures58,033 23,179 7,348 14,110 —