iHeartMedia, the No. 1 Podcast Publisher, Expands Branded Podcast Studio as Demand Grows for Bespoke Podcast Platforms

Expanded Studio Named Ruby to Launch New and Renewed Shows in 2023 in Collaboration with Brands including IBM, Intuit QuickBooks, Mattress Firm, T-Mobile and more

NEW YORK, NY – May 11, 2023 - iHeartMedia, the No. 1 podcast publisher globally with more downloads than the next two podcast publishers combined according to Podtrac, today announced the launch of Ruby, the first dedicated team of its kind from a major media company committed entirely to the production, sales and marketing of branded podcasts.

iHeartMedia has built one of the fastest-growing slate of branded podcasts globally with 30 original series from major brands such as T-Mobile, IBM, Intuit QuickBooks and Mattress Firm. The launch of Ruby represents an expanded commitment to one of iHeartMedia’s most premium products allowing advertisers to engage audiences with creative, long-form native content.

Ruby creates holistic podcast concepts that resonate with targeted audiences. The audio studio has partnered with a distinguished catalog of host talent–– both big and small across all industries including ‘Saturday Night Live’ cast member and co-host of the hit “Las Culturistas,” Bowen Yang, ‘Good Morning America’ co-host Robin Roberts, Malcolm Gladwell, Betty Who and Adam Devine of “Pitch Perfect” and “Workaholics'' fame.

Ruby’s branded podcasts allow advertisers and their brand partners to spend upwards of 30-45 minutes with their target audience in a unique environment, with opportunities for storytelling that are not possible anywhere else in their media mix including social video. With distribution across the iHeartRadio app and all other major platforms, native podcasts from Ruby connect brands to audiences by translating brand messaging, products and services into original and engaging stories that audiences love.

“Audio creates a relationship with consumers that no other marketing medium can compete with. When speaking directly to listeners, brands command a level of intimacy and authenticity that shifts perceptions and changes what’s possible,” said Gayle Troberman, CMO of iHeartMedia. “According to Magna, podcasting ad spending is on track to grow 16 percent this year, 4x the overall market. And with over 80 percent of our branded podcast clients renewing for multiple seasons, it’s evident the advertisers and audience’s appetite continues to grow. Ruby will ensure that current and future clients will be able to harness iHeartMedia’s powerful platform, scale and proven expertise to tell meaningful stories.”

iHeartMedia’s Ruby studio kicked off this year by collaborating with Intuit Quickbooks on “Mind The Business: Small Business Success Stories”. Hosted by Jannese Torres (Yo Quiero Dinero) and Austin Hankwitz (Rate of Return), the podcast reveals the stories of small business owners managing the ups and downs of starting and growing their businesses. Already charting in multiple categories, the podcast debuts alongside renewed seasons of popular podcasts from T-Mobile, Salesforce, IBM, and Mattress Firm.

“iHeartMedia’s Ruby team is creative, collaborative and delivers a turnkey audio product that enables new avenues for us to connect consumers with our brand,” said Mickey Mericle, Mattress Firm’s Chief Marketing and Experience Officer.

iHeartMedia has developed, produced, and distributed 30 podcasts including the award-winning IBM podcast “Smart Talks with IBM” hosted by Malcolm Gladwell, and “The Official Game of Thrones Podcast: House of the Dragon,” an original podcast that reached No. 1 on the Apple podcast charts in 2022.

Podcasts have become one of the fastest-growing mediums, reaching almost half of the US population every month. iHeartMedia produces more than 750 iHeartPodcasts which span every category from business, sports, spirituality, and technology to entertainment, family, comedy, and true crime, with more top ten shows on Podtrac than the next three podcast networks combined and twice as many podcasts with one million monthly downloads than the next largest podcast publisher. iHeartMedia is also the only podcast publisher with shows in all content categories ranking on Podtrac.

Ruby podcasts have landed the number one spots on the Apple and iHeartRadio podcasts charts with publications such as Vanity Fair describing the podcast “Humans Growing Stuff” - an ode to the new, modern gardener - as an “essential” listen. For more information on Ruby, please visit www.Ruby.iHeart.com.

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 500 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.