iHeartMedia Elevates Greg Ashlock and Hartley Adkins

New Roles Will Capitalize on the Success of the iHeartMedia Markets Group and Further Propel Its Growth
 
New York, NY – November 6, 2017 – iHeartMedia, the leading audio company in America with a greater reach in the U.S. than any other media outlet, announced today it has elevated Greg Ashlock and Hartley Adkins as the next step in the evolution of the iHeartMedia Markets Group.  Ashlock, previously President of iHeartMedia Markets Group West Division who also served as the senior business leader representing the company in the West, has been named President of the iHeartMedia Markets Group. In addition, Hartley Adkins, who most recently served as President of Northeast Division and Corporate Operations for the iHeartMedia Markets Group, has been named President of Integrated Revenue Strategy.
 
In his new role, Ashlock will now manage the entire iHeartMedia Markets Group, including the company’s more than 850 radio stations in over 150 markets. This consolidation under one leader will allow iHeartMedia to move quicker, be more responsive, communicate more clearly and best serve both listeners and advertisers based on each market’s unique needs. Division Presidents Kevin LeGrett and Tom McConnell will continue in their roles and report directly to Ashlock.
 
In the newly created position of President of Integrated Revenue Strategy, Adkins will join the Corporate group in New York and will be responsible for working with Group heads and other Corporate leaders to help develop innovative revenue initiatives that scale across multiple platforms as well as new strategic solutions specifically for the Markets Group that utilize the unique assets of iHeartMedia.  He will also have responsibility for certain strategic businesses and will oversee iHeartMedia’s mergers and acquisitions activity with stations and markets as well as represent the company within radio industry groups and associations.
 
Ashlock and Adkins will report to Bob Pittman, Chairman and Chief Executive Officer of iHeartMedia, Inc. and Richard J. Bressler, President, Chief Operating Officer and Chief Financial Officer for iHeartMedia, Inc.
 
“We created our iHeartMedia Markets Group to bring decision-making and resources closer to our markets. This is the next step in that evolution to a fully-empowered Markets Group and is a reflection of the success we’ve had so far, not only in our Divisions but with our new Region President structure,” said Pittman. “This new consolidated leadership under Greg will be more nimble, more collaborative and more connected across the entire company, giving the benefit of iHeartMedia’s unparalleled size, scale, technology and data to every local market partner and advertiser as well as for the benefit of every listener.“
 
Pittman added, “Hartley’s new integrated revenue strategy corporate role will allow us to enjoy the benefits of integrated strategies for all of our revenue groups. Hartley will work across all groups at iHeartMedia to drive these new strategies for the benefit of our marketing and advertising partners through all of our revenue channels.”

About iHeartMedia, Inc.

iHeartMedia (NASDAQ: IHRT) is the number one audio company in the United States, reaching nine out of 10 Americans every month. It consists of three business groups.

With its quarter of a billion monthly listeners, the iHeartMedia Multiplatform Group has a greater reach than any other media company in the U.S. Its leadership position in audio extends across multiple platforms, including more than 860 live broadcast stations in over 160 markets nationwide; its National Sales organization; and the company’s live and virtual events business. It also includes Premiere Networks, the industry’s largest Networks business, with its Total Traffic and Weather Network (TTWN); and BIN: Black Information Network, the first and only 24/7 national and local all news audio service for the Black community. iHeartMedia also leads the audio industry in analytics, targeting and attribution for its marketing partners with its SmartAudio suite of data targeting and attribution products using data from its massive consumer base.

The iHeartMedia Digital Audio Group includes the company’s fast-growing podcasting business -- iHeartMedia is the number one podcast publisher in downloads, unique listeners, revenue and earnings -- as well as its industry-leading iHeartRadio digital service, available across more than 250 platforms and 2,000 devices; the company’s digital sites, newsletters, digital services and programs; its digital advertising technology companies; and its audio industry-leading social media footprint.

The company’s Audio & Media Services reportable segment includes Katz Media Group, the nation’s largest media representation company, and RCS, the world's leading provider of broadcast and webcast software.

Visit iHeartMedia.com for more company information.