iHeartMedia Launches ‘iHeartRadio Small Business Crisis Resource’ To Help Local Businesses Find Key Resources And Information About Stimulus Loans, Grants And More During The Covid-19 Pandemic

Local Business Owners Will Be Able Visit the Central Website for Information and Also Sign up for a Weekly Newsletter and Special Webinars -- Kicking Off May 4 featuring iHearRadio’s Elvis Duran and Senior Officials from the U.S. Small Business Administration

New York, NY – May 1, 2020 – iHeartMedia announced today the launch of the Small Business Crisis Resource, a new initiative to help local small business owners across the country easily find available benefits and resources during the COVID-19 pandemic. Small Business Crisis Resource serves as a centralized source for small business owners and includes a weekly iHeart Small Business newsletter and a website providing critical information on the Federal stimulus package, up-to-date small business news, state by state resources, links to top business-focused podcasts and more – all in one place. The site is available at iHeartRadio.com/SmallBusiness and SmallBusinessCrisisResource.com.

Small business owners also have the opportunity to sign up for special webinars, kicking off this Monday, May 4 featuring iHeartRadio’s Elvis Duran joining senior officials from the U.S. Small Business Administration (SBA) and discussing ways small businesses can find assistance and vital information during this unprecedented time.  The webinar will also include a Q&A session offering small business owners the opportunities to ask SBA questions. Details on how to sign up for the webinar are available here.

In March, the U.S. government approved a historic $2 trillion stimulus package that includes $376 billion in relief for small businesses. However, it can be challenging for many small business owners to understand the key details of the stimulus package, including eligibility requirements. Small Business Crisis Resource helps these business owners know exactly what they must do in order to apply for Paycheck Protection Program loans and additional support from the U.S. government.

In addition, iHeartMedia is offering local business owners bonus media incentive opportunities and extended payment terms to help with their advertising and marketing “re-opening” strategy. 

“At iHeart, our focus continues to be about serving our local communities, including the small businesses that support many residents,” said Hartley Adkins Chief Operating Officer for iHeartMedia Markets Group.  “We also know that studies show business owners look to radio as their trusted news source more than any other medium, so we want to do everything we can to ensure that these businesses have the important information they need to survive and get through this pandemic as best they can.”

Small Business Crisis Resource is available free of charge online and is promoted across iHeartMedia’s 850 broadcast stations in 150 markets, station social media and websites and iHeartRadio.com – reaching millions of listeners and small business owners nationwide.

 

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.