Inside Music MediaJerry Del Colliano

iHeart has been on the brink of bankruptcy for a long time.

And no one is denying it. 

In fact, Bob Pittman is embracing it publicly.

So then why are they plodding along doing everything they can to avoid it?

• It doesn’t make sense but it reportedly has nothing to do with business and everything to do with a cover-up.
• Who are they protecting and why?
• Ironically any iHeart bankruptcy now has a “drop dead” date – literally.  I’ll explain and you’ll never look at the threatened iHeart bankruptcy the same.
• If overwhelming interest rates, declining revenue and low operating cash is not enough to trigger an iHeart bankruptcy, then what is?

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