iHeartMedia's Video Podcast Expansion Boosts Stock
Update: 2025-12-22
Description
iHeartMedias stock surged 6.2% following their announcement of a significant expansion for their podcast platform. The company will allow creators to upload and distribute full-length video versions of their episodes for free within the iHeartRadio app and on the web, starting early 2026. This move, part of their Creators First mission, aims to enhance engagement and attract more creators and advertisers without disrupting their core business. The stock has been volatile, but investors see this as a positive step, with shares up 129% year-to-date, trading around $4.64, just 9.1% below the 52-week high.
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