Company: IHETW
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001400891-25-000046
Chunk: 70

Company: iHeartMedia, Inc.
Filing Date: 2025-08-11
Form: 10-Q
Item: Item 8
Chunk 70
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,718 72,982 139,868 (3,097)741,955 Segment Adjusted EBITDA(3)$166,371 $194,693 $39,519 $(139,868)$— $260,715 Depreciation and amortization(182,270)Impairment charges(5,407)Other operating expense, net(1,745)Restructuring expenses(45,068)Share-based compensation expense(16,289)Operating income$9,936 Segment Assets$4,066,415 $606,412 $269,612 $439,578 $(2,700)$5,379,317 Intersegment revenues— 2,284 2,740 — — 5,024 Capital expenditures16,627 10,262 8,379 4,459 — 39,727 Segments(In thousands)Multiplatform GroupDigital Audio GroupAudio & Media Services GroupCorporate and other reconciling itemsEliminationsConsolidatedSix Months Ended June 30, 2024Revenue$1,069,370 $524,582 $139,250 $— $(5,072)$1,728,130 Direct operating expenses(1)428,882 275,574 14,381 — (1,860)716,977 Selling, general and administrative expenses(2)459,043 89,011 77,325 134,162 (3,212)756,329 Segment Adjusted EBITDA(3)$181,445 $159,997 $47,544 $(134,162)$— $254,824 Depreciation and amortization(209,518)Impairment charges(921,732)Other operating expense, net(1,088)Restructuring expenses(51,161)Share-based compensation expense(15,700)Operating loss$(944,375)Segment Assets$4,294,769 $592,648 $286,762 $597,598 $(2,609)$5,769,168 Intersegment revenues— 2,360 2,712 — — 5,072 Capital expenditures24,599 11,119 4,424 2,612 — 42,754 (1)Includes content, programming, and production costs as well as employee compensation, talent fees,