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iHeartMedia Beats Q1 Expectations, Sees ‘Generally Stable’ Advertising Spending
iHeartMedia's earnings in Q1 2025 show that revenue went up. In an earnings call, CEO Bob Pittman said he sees "generally stable ad spend."
In a year filled with economic uncertainty and instability, iHeartMedia is seeing “generally stable ad spend,” CEO Bob Pittman said during the company’s first quarter earnings call on Monday (May 12). The 1% revenue uptick was a positive for a company that stood to bear the brunt of an advertising slowdown due to U.S. tariff policy. For iHeartMedia to hit its full-year guidance and avoid a possible down advertising market, Bressler added, the company will need “some positive movement in the macro [environment] and improvement to the uncertainty in the back half of the year.”
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