In our traditional radio business, broadcast revenue declined by 5.2% on a reported basis and declined 8.3% excluding the impact of political revenue, while Networks declined 2.6% year-over-year.
Capital expenditures related to continuing operations for the three months ended The Company’s results for the first quarter of 2020 were significantly and negatively impacted by the COVID-19 pandemic. Selling, general and administrative expenses (excludes depreciation and amortization) Direct operating expenses (excludes depreciation and amortization)
Certain prior period amounts have been reclassified to conform to the 2020 presentation of financial information throughout the press release. Features 1 singles. Now that’s a can’t miss comedy lineup.” “Since we started working with Will Ferrell, we’ve been extremely inspired by the comedic audio content we’ve been able to produce together,” said Conal Byrne, President of the iHeartPodcast Network.
iHeartMedia and Will Ferrell today announced the first six co-produced shows set to join the This press release features multimedia.
The Company believes it helps improve investors’ ability to understand the Company’s operating performance and makes it easier to compare the Company’s results with other companies that have different capital structures or tax rates. Conference Call. These first few shows for Big Money Players Network will set the standard for the type of high-quality comedy podcasts we’re striving to produce with this collaboration. The Company filed its petition for declaratory ruling (the "PDR") to increase permissible limits of foreign ownership with the Stockhouse.com use cookies on this site. View the By providing my email, I consent to receiving messages from Stockhouse.You are already a member! Corporate expenses (excludes depreciation and amortization) “Will is deeply dedicated to exploring the podcast medium. Cash provided by operating activities from continuing operations
In addition, we believe that Free Cash Flow helps improve investors' ability to compare our liquidity with that of other companies. We believe this measure is an important indicator of the Company’s operational strength and performance of its business because it provides a link between operational performance and operating income. Reconciliation of Cash provided by operating activities from continuing operations to Free cash flow from continuing operations See the end of this press release for a reconciliation of revenue, excluding political advertising revenue, to revenue. Please go to the link in the email message to retrieve your password. Nasdaq Data Adjusted EBITDA decreased year-over-year by 10.6% to
The Company also expects to see decreased variable sales expense and commissions associated with lower revenue. Visit Get the latest news and updates from Stockhouse on social media Certain statements in this press release constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. By continuing to use our service, you agree to our use of cookies. The Company believes the presentation of this measure is relevant and useful for investors because it allows investors to view performance in a manner similar to the method used by the Company’s management. It is also a primary measure used by management in evaluating companies as potential acquisition targets.
1Excluding the impact of the increase in political revenue, Revenue from Broadcast Radio, from Audio and Media Services and in Total decreased by 8.3%, increased by 3.2% and decreased by 4.8%, respectively. Kate Berlant is a successful comedian and actress with appearances in Quentin Tarantino's “Once Upon a Time in Hollywood,” Boots Riley's “Sorry to Bother You,” and television series including “Search Party,” “Transparent,” and “I Think You Should Leave with Tim Robinson.” She was named a Just for Laughs "New Face of Comedy," a Variety "Ten to Watch" and has filmed a one-hour stand-up special directed by Bo Burnham. Post date Title Picture ; 01/31/2019 - 00:31 : Ron Burgundy Finally Figures Out What a Podcast Is Just in Time to Launch The Ron Burgundy Podcast with iHeartRadio Co-Produced by Funny Or Die. View the full release here: “The iHeartPodcast Network really knows how to make a podcast,” said Will Ferrell. )+[a-z]{2,})$/i, failureMessage: "A valid email address is required"});var dom2 = document.querySelector('#form1783 #field2');var field2 = new LiveValidation(dom2, {validMessage: "", onlyOnBlur: false, wait: 300});field2.add(Validate.Presence, {failureMessage:"This field is required"});var dom11 = document.querySelector('#form1783 #field11');var field11 = new LiveValidation(dom11, {validMessage: "", onlyOnBlur: false, wait: 300});field11.add(Validate.Custom, {against: function(value) {return !value.match(/(telnet|ftp|https?):\/\/(?:[a-z0-9][a-z0-9-]{0,61}[a-z0-9]\.|[a-z0-9]\. node.dataset.value : node.getAttribute('data-value'); if (selectedValue) { for (var j = 0; j < node.options.length; j++) { if(node.options[j].value === selectedValue) { node.options[j].selected = 'selected';break;}}}}} Topics We define Net debt as Total debt less Cash and cash equivalents. 1 See Supplemental Disclosure Regarding Non-GAAP Financial Information. Reconciliation of Net Loss to EBITDA and Adjusted EBITDA Nasdaq Initiatives
Selling, general and administrative expenses (excludes depreciation and amortization)