iHeartMedia Names Sam Englebardt to its Board of Directors

NEW YORK, NY – March 16, 2022 – iHeartMedia, Inc. (NASDAQ:  IHRT), the leading audio company in America, today announced that it has named Sam Englebardt, General Partner of Galaxy Interactive, to its Board of Directors.  Galaxy Interactive is a venture capital franchise focused on companies operating at the intersection of content, finance and technology, with a particular emphasis on video game studios, NFTs, social platforms and financial marketplaces.

Englebardt, an accomplished media and technology investor and content producer, has deep experience at the intersection of content and exponential technologies, including the metaverse and web3.  He is also co-founder and Partner at Galaxy Digital (TSX: GLXY), a technology-driven financial services and investment management firm that provides institutions and clients with a full suite of financial solutions spanning the digital assets ecosystem. 

“Sam’s expertise and deep understanding of web3, exponential technologies and the potential of emerging consumer tech platforms like NFTs, tokens and shared virtual experiences, combined with his background in media and entertainment, will be uniquely valuable to us as we extend iHeart’s presence into web3 and the metaverse,” said Bob Pittman, Chairman and CEO of iHeartMedia, Inc.

Prior to Galaxy Digital, Englebardt was a Partner and Managing Director at Lambert Media Group (LMG), where he where helped source and oversaw investments in Rave Cinemas (sold to Cinemark), Gold Class Cinemas (sold to iPic) and Demarest Films and managed a portfolio of early-stage media tech venture investments. He also previously served as Vice President and Financial Advisor at Alliance Bernstein and is a licensed attorney in California.  Englebardt earned his J.D. from Harvard Law School and studied philosophy, political science and economics at Oxford University and the University of Colorado at Boulder, from which he graduated summa cum laude and Phi Beta Kappa.

 

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 250 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.