NEOU Partners with iHeartMedia to Bring Fitness and Wellness to Americans Nationwide

Strategic Partnership to Accelerate Awareness of NEOU’s Digital Fitness Content and Unique Offerings through a Multiplatform Marketing Campaign with the Country’s Leading Audio Company

NEW YORK – August 19, 2021 - NEOU, the live streaming and on-demand fitness and wellness marketplace today announced a marketing partnership with iHeartMedia, the number one audio company in the United States, to help build awareness and introduce NEOU’s inspiring fitness content and experiences from over 100 studios and instructors to the masses. Through a multiplatform marketing campaign across iHeartMedia’s audio network including broadcast radio, digital, podcast and social platforms, listeners will be introduced to a fitness offering with the most affordable price, the biggest variety of classes, and the best user experience in the world.

“iHeartMedia reaches 9 out of 10 Americans monthly, and we are excited to partner with a company like NEOU that is focused on promoting wellness and fitness, to help build further brand awareness of their robust, yet affordable product,” said Peter Volynsky, Executive Vice President, Corporate Development & Ventures at iHeartMedia. “Our listeners rely on us for the best content and programming, and NEOU’s mission and company objective of providing its users with easily accessible and affordable health and wellness services is a natural fit and a valuable offering for our audiences across various backgrounds and demographics.”

“NEOU was created to democratize fitness and wellness, so that anyone, anywhere with a digital device could easily access high quality, effective workouts at an affordable price. With the strategic leadership and overall reach from iHeartMedia, we’re now able to offer NEOU to people everywhere,” says Nathan Forster, CEO and Co-Founder of NEOU. “We are looking forward to this tremendous opportunity to introduce our world-class product to new audiences everywhere.”

NEOU has raised over $40 million to date and has a mission to make engaging and motivating fitness and wellness content easily accessible to everyone -- one person, one workout, one journey at a time. NEOU strives to constantly add new classes and content to its digital library for every wellness goal and fitness background. NEOU offers a variety of high-quality workouts, making each member’s journey unique and every experience a personalized one. With genres including HIIT, meditation, yoga, Pilates, nutrition, strength training, kids, and more, alongside a passionate community of sweat enthusiasts, NEOU continues to create premium wellness content to help its members reach their very best.

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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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