IHEARTMEDIA, INC. (OTCMKTS:IHRT) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On May 3, 2017, Irving L. Azoff resigned from the Board of Directors of iHeartMedia, Inc. (the “Company”) effective May 3, 2017. Mr. Azoff’s decision to resign as a director was not due to any disagreements with the Company or on any matter relating to the Company’s operations, policies or practices.
2
About IHEARTMEDIA, INC. (OTCMKTS:IHRT)
iHeartMedia, Inc. is a global media and entertainment company that specializes in broadcast and digital radio, out-of-home, mobile, and on-demand entertainment and information services for national audiences and local communities. The Company operates in three segments: iHeartMedia (iHM), Americas outdoor advertising (Americas outdoor) and International outdoor advertising (International outdoor). Its iHM segment provides media and entertainment services through broadcast and digital delivery and also includes its national syndication business. Its Americas outdoor and International outdoor segments provide outdoor advertising services in their respective geographic regions using various digital and traditional display types. Its other category includes its full-service media representation business, Katz Media Group, as well as other general support services. It has a Smartbike bicycle rental program that provides bicycles for rent to the general public in several municipalities. IHEARTMEDIA, INC. (OTCMKTS:IHRT) Recent Trading Information
IHEARTMEDIA, INC. (OTCMKTS:IHRT) closed its last trading session 00.00 at 2.00 with 30,609 shares trading hands.