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Title: News: Report: Apple exploring stake in iHeartMedia Post by: HCK on November 02, 2018, 04:05:31 pm News: Report: Apple exploring stake in iHeartMedia
<img src="(http://assets.ilounge.com/images/uploads/iheartmedia.jpg)" /> Apple is in preliminary discussions with iHeartMedia about a possible deal that would see the iPhone maker possibly take an equity stake in the U.S. radio group as a way of boosting its own streaming services, The Financial Times reports. iHeartMedia has been struggling with $20 billion in debt, resulting in it filing for bankruptcy protection earlier this year; creditors have since been reaching out to potential investors, which may be where Apple… Source: News: Report: Apple exploring stake in iHeartMedia (http://www.ilounge.com/index.php/news/comments/report-apple-exploring-stake-in-iheartmedia) |