Liberty Affiliate Seeks DOJ Permission for Larger iHM Stake

Liberty Media

An affiliate of John Malone's Liberty Media Corp. wants permission from the Department of Justice to acquire a larger stake of iHeartMedia, reports the Wall Street Journal. Liberty currently owns 4.8% of iHeartMedia through its Liberty SiriusXM Group. WSJ says the deal now under consideration could give it control or outright ownership of the broadcaster. However, Liberty hasn't decided what kind of transaction, if any, it would proceed with should it receive permission.

WSJ says Liberty acquired its iHeartMedia stake through the debt it assumed before the company restructured, which converted to equity when the broadcaster emerged from bankruptcy earliery this year.

Liberty owns 33% of Live Nation Entertainment, making it the company's largest shareholder, and 71% of satellite radio SiriusXM Holdings Inc. Last year, Liberty's SiriusXM purchased of Pandora Media -- in which it also held a controlling stake -- for $3 billion.

Latest Radio Stories

Alpha Libraries Launches Radio Imaging Platform

Alpha Imaging For Radio

SourceAudio's Alpha Libraries has launched Alpha Imaging for Radio, a new production resource offering 750,000 imaging and sound design elements to help radio stations develop distinctive, custom-branded audio across all formats. Built on the existing Alpha Libraries platform, which features 3.9 million More

Gordon Deal's Morning Show Reaches 325 Affiliates

Compass Media Networks

"This Morning, America's First News" with Gordon Deal has added 20 new affiliate stations, bringing the nationally syndicated news program's total to 325 affiliates across the country. Among the latest additions are KMOX-AM in St. Louis, WCCO-AM in Minneapolis and KMBX in Las Vegas, expanding More

Premiere Launches ''Animal Thunderdome'' Podcast

Animal Thunderdome with Clay Travis and Danny G

Premiere Networks has launched "Animal Thunderdome with Clay Travis and Danny G," a new weekly podcast featuring unusual wildlife encounters, animal attacks and bizarre stories from the natural world. The podcast reunites Clay Travis, co-host of Premiere Networks' nationally syndicated "The Clay & Buck More

Audacy Flips WTDY Philadelphia to Country as US 96.5

WTDY (US 96.5) Philadelphia

Audacy has flipped Hot AC WTDY-FM in Philadelphia to Country as "US 96.5," introducing a new destination for Country music listeners in the City of Brotherly Love. The format change took effect Monday, October 19, with the station broadcasting commercial-free through October 24. The new US 96.5 features More

MRC Revokes Nielsen PPM Accreditation in Four Markets

Media Rating Council (MRC)

The Media Rating Council (MRC) has revoked accreditation for Nielsen Audio's Portable People Meter (PPM) ratings services in four major radio markets and denied accreditation for an additional 18 markets, according to its third-quarter 2026 accreditation decisions. The four markets losing accreditation More

WZLX Boston's Carter Alan to Retire After 47 Years

Carter Alan

iHeartMedia Boston has announced that veteran radio personality Carter Alan will retire from Classic Rock WZLX-FM (100.7 WZLX) after 47 years on the Boston airwaves. His final weekday midday show is scheduled for Friday, December 18, 2026. Alan, one of Boston's most recognizable Classic Rock More

Return to Menu

Liberty Affiliate Seeks DOJ Permission for Larger iHM Stake

Latest Radio Stories

Follow us on:

Copyright © 1989-2026 RADIO ONLINE ^®

Liberty Affiliate Seeks DOJ Permission for Larger iHM Stake

Latest Radio Stories

Follow us on:

Copyright © 1989-2026 RADIO ONLINE ®

Copyright © 1989-2026 RADIO ONLINE ^®