Musings, observations, and written works from the publisher of Eckhartz Press, the media critic for the Illinois Entertainer, host of Minutia Men, and the writer of "The Living Wills", "$everance," "Just One Bad Century," "Father Knows Nothing," "The Radio Producer's Handbook," and "Records Truly Is My Middle Name"
Friday, April 15, 2016
iHeart Media, the former Clear Channel, has had a bit of a rough go of it recently. Take these data points as an indicator of the company's fortunes...
Clear Channel stock price, January 2000: $90.
Clear Channel stock value, April 2007: $39.
iHeartMedia stock price, July 2011: $8.30.
iHeartMedia stock price at close of yesterday: $1.15.