Joseph Robinson Becomes President of New iHeartMedia Ventures Group

Joseph Robinson Becomes President of New iHeartMedia Ventures Group
NEW YORK, NY ­ - March 24, 2015 - ­ iHeartMedia today announced that Joseph Robinson has been promoted to President of iHeartMedia Ventures, working to develop high-value strategic opportunities with media, technology, and content companies. Robinson, who has over 20 years of investment and management experience, will be reporting to Rich Bressler, President, COO and CFO of iHeartMedia, Inc.
As the company's Executive Vice President of Strategic Development, Robinson was instrumental in both evaluating and executing strategic acquisitions and equity partnerships and alliances in emerging, high-growth digital and technology companies that had important strategic links to iHeartMedia.
"Joe has played an invaluable role in helping iHeartMedia explore new digital and technology opportunities for both consumer-facing and internal initiatives," said Bressler.  "I'm delighted that Joe is expanding his role with us; his new leadership position will be instrumental in our continued success as a 21st century media company ­ one that is both relentlessly forward-looking on the technology front and focused on using iHeartMedia's cross-platform assets in creative ways that help redefine the future of consumer media and entertainment."   
"As iHeartMedia pushes new technology and data-driven initiatives, I'm excited to be the bridge between our company and others that can provide solutions to these continuing needs," said Robinson.  "iHeartMedia appreciates and values innovation, not only in our own company but in partners as well.  I'm excited to expand my outreach to all of those who are building the future."
iHeartMedia Ventures will enable iHeartMedia to be nimble and to choose best in class solutions and technologies while retaining and supporting core teams and knowledge. Additionally, because of its size and multi-platform asset base, iHeartMedia can help accelerate the companies it invests in and partners with by promoting and deploying portfolio company products across its vast network ­ making a significant difference to young companies trying to break into established markets.
"Joe has a proven track record of spotting innovators and cutting-edge products that can enable our vision of the future," said Bob Pittman, Chairman and CEO of iHeartMedia, Inc.  "I've worked with Joe for almost ten years, and I'm excited about his expanded role and the impact it can have on accelerating our new products, technologies and our entrance into data-driven solutions for our consumers and marketing partners."

Prior to joining iHeartMedia, Robinson founded Halo Venture Partners, a venture investment company focused on digital media, advertising and media-related technology companies. Robinson's investments include Scout Media, a sports social network sold to Fox in 2005, UGO Networks, a male targeted advertising network, which was sold to Hearst in 2007 and InterWorld, Inc., a publicly traded e-commerce solutions provider.

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.

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