iHeartMedia Boosts Liquidity by $350 Million, Withdraws Guidance Amid Pandemic

The Russian invasion of Ukraine is “a catastrophe for our continent” Boris Johnson has declared.

Two new properties at Dawn Homes’ Mayfields development in Glenmavis offer "flexible family living within easy reach of Glasgow city centre".

Discovery said it ended the fourth quarter with 22 million DTC subscribers, up from 20 million for Q3. The bulk of subs are from Discovery+.

Paris Hilton has shared her sadness following the sudden death of comedian Donny Davis, known for performing with stars like Britney Spears and Miley Cyrus.MORE: Paris Hilton suffers heartbreak two months after wedding to Carter ReumThe newlywed took to her Instagram Stories to pay a heartfelt tribute to the late star, who was found dead by police in his hotel room at Las Vegas' Resorts World Hotel on Tuesday. No cause of death has been disclosed.

A scaffolded hailed as a golf sensation when he was a teen has been jailed after subjecting his partner to nearly two years of controlling domestic abuse.

Wednesday’s “Wheel of Fortune” had everybody talking once again.

A reindeer at Almond Valley Heritage Centre has been left lopsided after losing one of her antlers in last week’s high winds.

Residents in Strathaven have called for a single-track road to be upgraded as a matter of urgency - before any more homes are built nearby.

The new £2.8m Forgewood Family Learning Centre was declared officially open this week.

EA CEO Andrew Wilson has reportedly claimed that the company has been “impeded” by the FIFA brand.During an internal company meeting in November, Wilson stated that the FIFA license had been “an impediment” to EA’s plans for the series. That’s according to anonymous comments provided to VGC. Supposedly, Wilson claimed that FIFA had prevented EA from expanding its games into modes away from traditional 11vs11.Wilson went as far to say that the only value EA got from the license in a non-World Cup year was “four letters on the front of the box”.

Nintendo has announced that it has acquired SRD, a development company that has been involved in the creation of many of Nintendo’s biggest games over the last four decades.As Nintendo’s acquisition notification details, SRD “is a development company which has been closesly involved for nearly four decades in developing Nintendo video game software.”SRD started working with Nintendo in 1982, and has since been involved in many of Nintendo’s most famous games. SRD has helped create nearly every title in The Legend Of Zelda series – including Breath Of The Wild and Ocarina Of Time – as well as games like Animal Crossing: New Horizons, Wii Fit, and Super Mario 64.“Completion of the acquisition…will serve to strengthen the management base of SRD and secure the availability of software development resources for Nintendo, in addition to facilitating an anticipated improvement in software development efficiency,” reads the acquisition notification.The notification also says that the acquisition is expected to close on April 1, 2022, and will have “only a minor effect on Nintendo’s results.”Acquisitions from Nintendo are typically rare, however in January 2021 it did acquire Luigi’s Mansion 3 creator Next Level Games.Nintendo’s latest purchase follows several significant acquisitions made by other gaming companies in 2022.

The European Film Academy (EFA) has contacted its members in Ukraine pledging support amidst today’s assault on the country by Russian forces.

Ant McPartlin and Declan Donnelly's drag act on Saturday Night Takeaway has received 59 Ofcom complaints. At the end of last week's episode, as the hosts returned for the first show of the 18th series, they donned wigs and sparkly dresses to perform in drag. While the End Of The Show Show was celebrated by many, some viewers were outraged and claim the performance was 'misogynistic'.The UK's broadcasting regulator Ofcom said it received 59 complaints related to a drag routine and eight complaints related to a prank made against Jeremy Clarkson.

Fremantle Australia has appointed Greg Woods as permanent CEO and restructured, focusing on drama, docs and factual and bringing entertainment, reality and gameshows under Eureka Productions.

In a week of storms I’m sure you’ve seen some footage of rough seas, spare a thought for the RNLI volunteers who have been out saving lives in those conditions. The Largs RNLI team were out on Monday night 21 February in response to an incident involving a fishing vessel which had caught its net around the anchor line of a cargo vessel at anchor.

More than 12,000 households in Falkirk have lost income because of changes to Universal Credit this year and councillors have been warned that homelessness is on the rise with the cost of living crisis.

Alex Salmond has ignored the Ukraine crisis on a Russian state-backed broadcaster and instead focused on a book by a former Lib Dem leader.

Lorraine viewers couldn't believe their eyes today when Katie Price appeared for a chat on the show.

Graham Alexander says Motherwell should have won the last time they played Rangers at Ibrox, with the Glasgow giants benefiting from Scottish football's lack of VAR.

An Ayrshire family has thanked staff at a Glasgow children's hospital for giving their daughter a “priceless” moment – after allowing her beloved dog to visit her.

Sabrina Carpenter has the need for speed on Fast Times, her unexpectedly genre-fluid new single, which kicks off her 2022 with a bang. 

reportedly expand its stake from 5% to 50%, giving it a huge influence over more than 850 AM and FM stations, from New York City's Z100 to Los Angeles' Alt 98.7."This deal is on an even larger scale than the Ticketmaster and Live Nation deal," Steven Madoff, a music-business attorney, said earlier this year, referring to the merger that allowed one promoter to take over much of the live-music business a decade ago.Broadcast companies have struggled through an advertising downturn throughout the pandemic, and iHeart's shares are down about 50% this year -- the company laid off hundreds of employees in January, then furloughed others in May, as well as cutting salaries for top executives, including chairman and CEO Bob Pittman.

iHeartMedia's first quarter 2020 earnings release was mainly a preview for what could be a painful second quarter. Overall, Q1 wasn't bad: Old-school broadcast radio revenues barely fell and digital revenues improved on the strength of podcasts. But the advertising slowdown became "more pronounced" in April and suffered "a sharp decline" in broadcast, digital and other segments, CEO Bob Pittman said.

Radio and audio giant iHeartMedia has cut senior management pay and furloughed "non-essential" staff as it eyes around $250 million in cost savings this year amid the coronavirus pandemic. The news comes as entertainment companies have been looking to preserve cash and reduce expenses, in some cases via layoffs, to manage the uncertain fallout from the virus crisis.

Radio and audio giant iHeartMedia has begun to cut senior management pay and lay off "non-essential" staff as it eyes around $250 million in cost savings this year amid the coronavirus pandemic.

iHeartMedia has joined the growing list of companies implementing sizable pay cuts for senior executives amid the upheaval caused by the coronavirus crisis.

Radio and audio entertainment powerhouse iHeartMedia hasn't seen any negative coronavirus impact and may actually see listeners feel a closer connection with the company's services due to the virus, chairman and CEO Bob Pittman said Tuesday. He, along with president, chief operating officer and chief financial officer Rich Bressler, spoke at Deutsche Bank’s 28th Annual Media, Internet & Telecom Conference,which was set to take place in Palm Beach, Fla., but was changed to a virtual event amid coronavirus fears.

Radio and audio entertainment powerhouse iHeartMedia hasn't seen any negative coronavirus impact and may actually see listeners feel a closer connection with the company's services due to the virus, chairman and CEO Bob Pittman said Tuesday.He, along with president, chief operating officer and chief financial officer Rich Bressler, spoke at Deutsche Bank’s 28th Annual Media, Internet & Telecom Conference, which was set to take place in Palm Beach, Fla., but was changed to a virtual event amid coronavirus fears."We haven’t seen an impact yet," Pittman said when asked about the coronavirus, highlighting that iHeartMedia is only active in the U.S.