Stocks

1 Result / Page 1 of 1

Background

News

iHeartMedia Shares Rise on BMI Sale News & More Music Stocks – Billboard

Shares of iHeartMedia got a boost from the sale of its stake in BMI, rising 7.9% to $3.00 and making the radio giant the best-performing music stock of the week.  The company announced on Monday (Nov. 27) that it expected to receive approximately $100 million from the sale of BMI to New Mountain Capital. With a current market capitalization of just $423 million, the $100 million pre-tax windfall could provide […]

todayDecember 2, 2023 4

Electro Music Newsletter

Don't miss a beat

Sign up for the latest electronic news and special deals

EMAIL ADDRESS*

    By signing up, you understand and agree that your data will be collected and used subject to our Privacy Policy and Terms of Use.

    0%