iHeartMedia Reports 27th Quarterly Loss Under Massive Debt

San Antonio Express-News: iHeartMedia reported its 27th consecutive quarterly loss Wednesday as the radio, billboard and digital giant continues to hemorrhage money under the weight of $20.5 billion in debt. As in past quarters, iHeartMedia stressed the company’s growing listener base: “We continue to grow our audiences across our broadcast radio, outdoor, digital, social, mobile and events platforms.”