iHeart Fibbing About Revenue Projections

Pittman and Bressler better hope no one does a document dump on their financials.

Publicly, they are saying iHeart is making money hand over first.

And a mysterious $800 million stash Bressler recently bragged about.

No one calls them out.

But sources close to iHeartMedia corporate say it’s all lies.

If you’ve been thinking about subscribing and would like to access this story, let me tell you what you will get.

  1. Just like on The Price Is Right, guess how much iHeart’s most important LA cluster will be off year to year – without going over the actual retail price!
  2. Big lie number two – about their other stations.
  3. As incredible as it may seem, co-CEO Richard Bressler’s stroke of genius to solve the revenue problem.
  4. Take a quick guess – how much is iHeart dropping its rates in LA (CBS is at 50% off).
  5. How iHeart plans to avoid paying sales related severance.

Access this story now and try a monthly subscription here.

Become an annual member and also access 2,822 previous stories, here. Search Stories.

My confidential Witness Protection Program is recognized as the safest way to report news or share emails and memos in confidence here. There is a $100 monthly award available for best tip.

Talk to Jerry privately here.