Is Apple considering investing in iHeartRadio?

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Is Apple considering investing in iHeartRadio?Iheartradio

After filing for bankruptcy earlier this year, it appears iHeartRadio is seeking investors.

The radio giant revealed that it was $20 billion in debt in March and has reportedly been exploring investments with several companies in accordance with their reorganization plan. According to the Financial Times, Apple is one of the investors being considered, and iHeartRadio is looking for a deal that would equate to tens of millions of dollars. Another source told the Times that the deal could be in the form of a marketing partnership instead of direct cash infusion into the company.

The Times also noted that if the deal were to happen, Apple Music’s Beats 1 could be distributed to a wider audience in broadcast radio, as opposed to just through Apple Music and iTunes.

While Apple declined to comment, the partnership could be huge for music distribution in both companies.

H/T: The Verge

iHeartMedia officially files for chapter 11 bankruptcy

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iheartmedia

The largest radio broadcaster in the United States has officially filed for Chapter 11 bankruptcy. The filing comes after recent speculation that iHeartMedia had been preparing for bankruptcy, after shouldering a crippling and irresolvable figure of approximately $20 billion in debt — a sum that had proven problematic for the radio Goliath for a decade.

“iHeartMedia has created a highly successful operating business, generating year-over-year revenue growth in each of the last 18 consecutive quarters. We have transformed a traditional broadcast radio company into a true 21st century multi-platform, data-driven, digitally-focused media and entertainment powerhouse with unparalleled reach, products and services now available on more than 200 platforms, and the iHeartRadio master brand that ties together our almost 850 radio stations, our digital platform, our live events, and our 129 million social followers,” said iHeartMedia chairman and CEO, Bob Pittman in a press release published on the company’s press page on March 15.

“The agreement we announced today is a significant accomplishment, as it allows us to definitively address the more than $20 billion in debt that has burdened our capital structure. Achieving a capital structure that finally matches our impressive operating business will further enhance iHeartMedia’s position as America’s No. 1 audio company,” Pittman added.

iHeartRadio currently owns 850 radio stations across the U.S., making it the most prominent radio branch in the nation.

H/T: Forbes

The complete iHeartRadio Music Awards 2018 Winners List

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Zeddd

Hosted on March 11, iHeartRadio‘s annual music awards show saw dance floor dominators The Chainsmokers and Zedd leave more decorated than they’d arrived.

Up for awards in three respective categories, The Chainsmokers secured their first victory for “Best Collaboration” for their Coldplay single, “Something Just Like This,” and their second for “Dance Artist of the Year.” The superpower duo would go head to head with Zedd for “Dance Song of the Year,” a category that landed Zedd the award for his Alessia Cara feature, “Stay.” The full list of award winners across the musical spectrum appears below.

Song of the Year:

“Despacito” – Luis Fonsi and Daddy Yankee featuring Justin Bieber
“Shape Of You” – Ed Sheeran (WINNER)
“Something Just Like This” – The Chainsmokers and Coldplay
“That’s What I Like” – Bruno Mars
“Wild Thoughts” – DJ Khaled featuring Rihanna and Bryson Tiller

Female Artist of the Year: 
Alessia Cara
Halsey
P!nk
Rihanna
Taylor Swift — WINNER

Male Artist of the Year:
Bruno Mars
Charlie Puth
Ed Sheeran — WINNER
Shawn Mendes
The Weeknd

Best Duo/Group of the Year: 
Imagine Dragons
Maroon 5 — WINNER
Migos
Portugal. The Man
The Chainsmokers

Best New Artist:
Cardi B — WINNER
Niall Horan
Luke Combs
Christian Nodal
Judah & the Lion
Ozuna
Khalid

Best Collaboration:
“Despacito” – Luis Fonsi and Daddy Yankee featuring Justin Bieber
“Don’t Wanna Know” – Maroon 5 featuring Kendrick Lamar
“Something Just Like This” – The Chainsmokers and Coldplay — WINNER
“Stay” – Zedd and Alessia Cara
“Wild Thoughts” – DJ Khaled featuring Rihanna and Bryson Tiller

Best New Pop Artist:
Camila Cabello
Julia Michaels
Liam Payne — WINNER
Logic
Niall Horan

Alternative Rock Song of the Year:
“Believer”  – Imagine Dragons
“Feel It Still” – Portugal. The Man — WINNER
“Thunder” – Imagine Dragons
“Walk On Water” – Thirty Seconds To Mars
“Wish I Knew You” – The Revivalists

Alternative Rock Artist of the Year:
Cage The Elephant
Imagine Dragons — WINNER
Judah & The Lion
Kings Of Leon
Portugal. The Man

Best New Rock/Alternative Rock Artist:
Greta Van Fleet
Judah & The Lion — WINNER
K.Flay
Rag’n’Bone Man
The Revivalists

Rock Song of the Year:
“Go To War” – Nothing More
“Help” – Papa Roach
“Run” – Foo Fighters — WINNER
“Rx (Medicate)”” – Theory of a Deadman
“Song #3” – Stone Sour

Rock Artist of the Year:
Foo Fighters
Highly Suspect
Metallica — WINNER
Papa Roach
Royal Blood

Country Song of the Year:
“Body Like A Back Road” – Sam Hunt — WINNER
“Dirt On My Boots” – Jon Pardi
“Hurricane” – Luke Combs
“Small Town Boy” – Dustin Lynch
“Unforgettable” – Thomas Rhett

Country Artist of the Year:
Blake Shelton
Jason Aldean
Luke Bryan
Sam Hunt
Thomas Rhett — WINNER

Best New Country Artist:
Brett Young
Jon Pardi
Kane Brown
Lauren Alaina
Luke Combs — WINNER

Dance Song of the Year:
“It Ain’t Me” – Kygo and Selena Gomez
“No Promises” – Cheat Codes featuring Demi Lovato
“Rockabye” – Clean Bandit and Anne-Marie featuring Sean Paul
“Something Just Like This” – The Chainsmokers and Coldplay
“Stay” – Zedd and Alessia Cara — WINNER

Dance Artist of the Year: 
Calvin Harris
Cheat Codes
Kygo
The Chainsmokers — WINNER
Zedd

Hip-Hop Song of the Year: 
“Bad and Boujee” – Migos featuring Lil Uzi Vert
“Bodak Yellow” – Cardi B
“HUMBLE.” – Kendrick Lamar
“Rockstar” – Post Malone
“Wild Thoughts” – DJ Khaled featuring Rihanna and Bryson Tiller — WINNER

Hip-Hop Artist of the Year:
DJ Khaled
Drake
Future
Kendrick Lamar — WINNER
Migos

Best New Hip-Hop Artist:
21 Savage
Cardi B — WINNER
GoldLink
Lil Uzi Vert
Playboi Carti

R&B Song of the Year:
“B.E.D.” – Jacquees
“Location” – Khalid
“Love Galore” – SZA featuring Travis Scott
“Redbone” – Childish Gambino
“That’s What I Like” – Bruno Mars — WINNER

R&B Artist of the Year: 
Bruno Mars — WINNER
Childish Gambino
Khalid
Rihanna
The Weeknd

Best New R&B Artist:
6LACK
Kehlani
Kevin Ross
Khalid — WINNER
SZA

Latin Song of the Year: 
“Despacito” – Luis Fonsi and Daddy Yankee — WINNER
“El Amante” – Nicky Jam
“Hey DJ” – CNCO
“Mi Gente” – J Balvin featuring Willy William
“Súbeme La Radio” –  Enrique Iglesias

Latin Artist of the Year: 
CNCO
J Balvin
Luis Fonsi — WINNER
Nicky Jam
Shakira

Best New Latin Artist:
Abraham Mateo — WINNER
Bad Bunny
Danny Ocean
Karol G
Ozuna

Regional Mexican Song of the Year:
“Adios Amor” – Christian Nodal
“Ella Es Mi Mujer” – Banda Carnaval
“Las Ultras” – Calibre 50 — WINNER
“Regresa Hermosa” – Gerardo Ortiz
“Siempre Te Voy A Querer” – Calibre 50

Regional Mexican Artist of the Year: 
Banda Carnaval
Banda Los Recoditos
Banda Sinaloense MS de Sergio Lizarraga
Calibre 50 — WINNER
Gerardo Ortiz

Best New Regional Mexican Artist:
Christian Nodal
Edwin Luna y La Trakalosa de Monterrey
El Fantasma
Ulices Chaidez y Sus Plebes

Producer of the Year:
Andrew “Pop” Wansel and Warren “Oak” Felder
Andrew Watt
Benny Blanco
Justin Tranter
Steve Mac

Best Lyrics: *Socially Voted Category
“Bodak Yellow” – Cardi B
“Despacito” – Luis Fonsi and Daddy Yankee
“There’s Nothing Holding Me Back” – Shawn Mendes
“Look What You Made Me Do” – Taylor Swift
“Perfect” – Ed Sheeran
“Slow Hands” – Niall Horan — WINNER

Best Cover Song: *Socially Voted Category

“All We Got” – Shawn Mendes

“Bad Liar” – HAIM

“Issues” – Niall Horan

“Lost” – Khalid

“Say You Won’t Let Go” – Camila Cabello and Machine Gun Kelly

“The Chain” – Harry Styles (WINNER)

“Touch” – Ed Sheeran

“The Tribute Song” – Thirty Seconds To Mars

Best Fan Army Presented by Taco Bell *Socially Voted Category

Arianators – Ariana Grande

Beliebers – Justin Bieber

BTS – BTS (WINNER)

Camilizers – Camila Cabello

EXO-L – EXO

Harmonizers – Fifth Harmony

Lovatics – Demi Lovato

Mendes Army – Shawn Mendes

Mixers – Little Mix

Selenators – Selena Gomez

Smilers – Miley Cyrus

Swifties – Taylor Swift

Best Music Video *Socially Voted Category“Bad Liar” – Selena Gomez
“Bodak Yellow” – Cardi B
“Despacito” – Luis Fonsi and Daddy Yankee
“I’m The One” – DJ Khaled
“Look What You Made Me Do” – Taylor Swift
“Malibu” – Miley Cyrus
“New Rules” – Dua Lipa
“Shape Of You” – Ed Sheeran
“Sign Of The Times” – Harry Styles (WINNER)
“Sorry Not Sorry” – Demi Lovato
“Swish Swish” – Katy Perry
“That’s What I Like” – Bruno Mars
“There’s Nothing Holding Me Back” – Shawn MendesSocial Star Award: *Socially Voted CategoryAndrew Huang
Anitta (WINNER)
Christian Collins
Conor Maynard
dodie
Gabbie Hanna
JoJo Siwa
Mariah Belgrod
Max & Harvey
RoomieOfficial

Cutest Musician’s Pet: (New Category) *Socially Voted Category

Batman – Demi Lovato
Bear Rexha – Bebe Rexha
Nugget – Katy Perry
Olivia Benson – Taylor Swift
Pig Pig – Miley Cyrus
Toulouse – Ariana Grande (WINNER)

Best Boy Band: (New Category) *Socially Voted Category

AJR
BTS (WINNER)
CNCO
In Real Life
PRETTYMUCH
The Vamps
Why Don’t We

Best Solo Breakout: *Socially Voted Category

Camila Cabello
Harry Styles
Liam Payne
Louis Tomlinson (WINNER)
Niall Horan

Best Remix: (New Category) *Socially Voted Category

“Bon Appétit” – Katy Perry, Migos and 3LAU
“Despacito” – Luis Fonsi and Daddy Yankee featuring Justin Bieber
“do re mi” ” – blackbear featuring Gucci Mane
“Friends” – Justin Bieber and BloodPop with Julia Michaels
“Havana” – Camila Cabello and Daddy Yankee
“Homemade Dynamite” – Lorde, Khalid, Post Malone and SZA
“May I Have This Dance” – Francis & The Lights featuring Chance The Rapper
“Mi Gente” – J Balvin and Willy William featuring Beyoncé
“Reggaetón Lento” – CNCO and Little Mix

H/T: Billboard

Zedd and The Chainsmokers Bring Home Honors At The iHeartRadio Awards

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The iHeartRadio Awards were tonight and two of EDM’s most popular artists ended up bringing home so major honors. The Chainsmokers and Zedd were both nominated in several categories and each also ended up winning at least one. Zedd defeated Kygo, Cheat Code, The Chainsmokers and Clean Bandit to take home Dance Song of the

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