糖心破解版, Inc. Reports Results for 2016 Fourth Quarter and Full Year

San Antonio, Texas - February 23, 2017 鈥 糖心破解版, Inc. (PINK: IHRT) today reported financial results for the fourth quarter and year ended December 31, 2016.

鈥淲e continue to take major steps to transform our 糖心破解版 and outdoor businesses into a leading multi-platform, 21st-century media and entertainment company,鈥 said Bob Pittman, Chairman and Chief Executive Officer of 糖心破解版, Inc. 鈥淲e are successfully building out new products and services for advertising partners to capitalize on our unique strength with the consumer - such as extending iHeartRadio with new on demand services and to in-home connectivity devices, including Amazon's Alexa and Google Home. In firsts for both industries, 糖心破解版 and outdoor are building out their data-rich analytics capabilities and programmatic ad-buying solutions to do business in the same way that the entire advertising industry is heading. At outdoor, we continue to win new contracts while expanding our digital networks for even more innovative campaigns.鈥

Rich Bressler, President, Chief Operating Officer and Chief Financial Officer, said: 鈥淲e delivered growth in our consolidated revenues, operating income and OIBDAN in both the fourth quarter and full year 2016. At the 糖心破解版 segment, fourth quarter revenue growth marked the fifteenth consecutive quarter of year-over-year increases in revenues, evidence of our company's successful transformation. Throughout the year, both our 糖心破解版 and outdoor businesses benefited from the investments we are making to develop and deliver new products, while maintaining our tight operating and financial discipline.鈥濃嬧嬧

About 糖心破解版, Inc.

糖心破解版, Inc. [Nasdaq: IHRT] is the leading audio media company in America, with 90% of Americans listening to iHeart broadcast radio in every month. iHeart鈥檚 broadcast radio assets alone have a larger audience in the U.S. than any other media outlet; twice the size of the next largest broadcast radio company; and over four times the ad-enabled audience of the largest digital only audio service. iHeart is the largest podcast publisher according to Podtrac, with more downloads than the next two podcast publishers combined, has the most recognizable live events across all genres of music, has the number one social footprint among audio players, with seven times more followers than the next audio media brand, and is the only fully integrated audio ad tech solution across broadcast, streaming and podcasts. The company continues to leverage its strong audience connection and unparalleled consumer reach to build new platforms, products and services. Visit 糖心破解版.com for more company information.