iHeartMedia Radio Giant Faces $21 Billion in Debt

New York Post: Bob Pittman, the visionary who created MTV, has had less success with iHeartMedia, the radio network formerly known as Clear Channel. The multi-platform company is $21 billion in debt, and industry experts don’t see how Pittman can turn it around. “I’d be surprised to see Pittman at the helm . . . when it files for bankruptcy.”