iHeartMedia Markets Group Creates New Southwest Division

iHeartMedia Markets Group Creates New Southwest Division

Kevin LeGrett Becomes New Division’s President

Regions in Former Central Division Reconfigured to Better Enhance Synergies Among Operating Regions

October 4, 2016 – New York, NY - iHeartMedia, the leading media company in America with a greater reach in the U.S. than any other radio or television outlet, announced today that its iHeartMedia Markets Group is creating a new Southwest Division that will include many Regions formerly in its Central Division. Other former Central Division Regions will be moved into the West and Midwest/Southeast Divisions to better align them with the right resources and operating structure.

Kevin LeGrett, formerly iHeartMedia’s Los Angeles Region President, will become President of the new Southwest Division, which will now include the Los Angeles, San Diego/Riverside, Arizona, Red River, Houston, Dallas and Austin/San Antonio Regions. He will continue to report to Greg Ashlock, President of iHeartMedia West, and will also become a member of the company’s senior executive Operating Committee.

In addition to overseeing the new Southwest Division, Ashlock will add the Denver, Western Great Lakes and Omaha Regions to his existing West Division. The St. Louis, Nashville and Mid-South Regions will move to the Midwest/Southeast Division under President Tom McConnell. The Pittsburgh Region, formerly part of the Midwest/Southeast Division, will now move to the Northeast Division under President Hartley Adkins. Both LeGrett and Ashlock will continue to operate from iHeartMedia West’s headquarters in Los Angeles.

About iHeartMedia, Inc.

iHeartMedia (NASDAQ: IHRT) is the number one audio company in the United States, reaching nine out of 10 Americans every month. It consists of three business groups.

With its quarter of a billion monthly listeners, the iHeartMedia Multiplatform Group has a greater reach than any other media company in the U.S. Its leadership position in audio extends across multiple platforms, including more than 860 live broadcast stations in over 160 markets nationwide; its National Sales organization; and the company’s live and virtual events business. It also includes Premiere Networks, the industry’s largest Networks business, with its Total Traffic and Weather Network (TTWN); and BIN: Black Information Network, the first and only 24/7 national and local all news audio service for the Black community. iHeartMedia also leads the audio industry in analytics, targeting and attribution for its marketing partners with its SmartAudio suite of data targeting and attribution products using data from its massive consumer base.

The iHeartMedia Digital Audio Group includes the company’s fast-growing podcasting business -- iHeartMedia is the number one podcast publisher in downloads, unique listeners, revenue and earnings -- as well as its industry-leading iHeartRadio digital service, available across more than 500 platforms and 2,000 devices; the company’s digital sites, newsletters, digital services and programs; its digital advertising technology companies; and its audio industry-leading social media footprint.

The company’s Audio & Media Services reportable segment includes Katz Media Group, the nation’s largest media representation company, and RCS, the world's leading provider of broadcast and webcast software.

Visit iHeartMedia.com for more company information.