iHeart Q4 Revenue Flat


Broadcast revenue declined 2.7%, network revenue was up 2.2%, and digital revenue, including podcasting, was up 33.6% for iHeart in the quarter. Excluding political revenue, overall revenue grew 4.3% compared to Q4 2018.

For the year, with revenue of $3.68 billion, revenue was up 2% over 2018. Excluding political the increase was 4.2%. Digital revenue, including podcasting, increased 32.2%.

With 2020 expected to be a big year for political revenue, iHeart expects mid-single digit revenue growth in 2020.


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