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Author Topic: News: Report: Apple exploring stake in iHeartMedia  (Read 379 times)
HCK
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« on: November 02, 2018, 04:05:31 pm »

News: Report: Apple exploring stake in iHeartMedia

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               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 Appleā€¦

Source: News: Report: Apple exploring stake in iHeartMedia
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