iHeartMedia Faces Fresh Wave of Layoffs Amid Industry Struggles, Debt Woes
iHeartMedia's Layoffs Reflect the Struggles of Traditional Media in a Digital AgeThe recent wave of layoffs at iHeartMedia highlights the ongoing struggles faced by traditional broadcast media in an ever-changing entertainment landscape. Despite being the largest broadcast radio company in the world, with ownership of 860 stations across 160 U.S. markets, iHeartMedia is grappling with the increasing competition from music streaming services, podcasts, and other digital media. These challenges are […]