Company: IHETW
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001400891-25-000009
Chunk: 51

Company: iHeartMedia, Inc.
Filing Date: 2025-02-27
Form: 10-K
Item: Item 1A
Chunk 51
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our inability to successfully adopt or our being late in adopting technological changes and innovations that 

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offer more attractive advertising or listening alternatives than what we offer, which could result in a loss of advertising customers or lower advertising rates, which could have a material adverse effect on our operating results and financial performance;

•a loss of advertising customers or lower advertising rates, which could have a material adverse effect on our operating results and financial performance;

•the impact of potential new or increased royalties or license fees charged for terrestrial radio broadcasting or the provision of our digital services, which could materially increase our expenses; 

•technological developments, including new uses for generative AI;

•unfavorable shifts in population and other demographics, which may cause us to lose advertising customers as people migrate to markets where we have a smaller presence or which may cause advertisers to be willing to pay less in advertising fees if the general population shifts into a less desirable age or geographical demographic from an advertising perspective; 

•continued dislocation of advertising agency operations from new technologies and media buying trends; 

•adverse political effects and acts or threats of terrorism or military conflicts;

•natural catastrophes such as earthquakes, hurricanes, tornados, wildfires, and floods, which could damage our facilities, interrupt our services and harm our business; and 

•unfavorable changes in labor conditions, which may impair our ability to operate or require us to spend more to retain and attract key employees. 

Acquisitions, dispositions and other strategic investments or transactions could pose risks. 

We frequently evaluate strategic opportunities both within and outside our existing lines of business. We expect from time to time to pursue acquisitions of certain businesses as well as strategic dispositions. These acquisitions or dispositions could be material. Acquisitions, dispositions and other strategic initiatives involve numerous risks, including: 

•our acquisitions may prove unprofitable and fail to generate anticipated cash flows; 

•to successfully manage our business, we may need to: 

◦recruit additional senior management because we cannot be assured that senior management of acquired businesses will continue to work for us and we cannot be certain that our recruiting efforts will succeed, and 

◦expand corporate infrastructure to facilitate the integration of our operations with those of acquired businesses, because failure to do so may cause us to lose the benefits of any expansion that we decide to undertake by leading to disruptions in our ongoing businesses or by distracting our management; 

•we may enter into markets and geographic areas where we have limited or no experience; 

•we may encounter difficulties in