iHeartMedia CEO on Coronavirus: 'In Times of Need,' People 'Are Hanging Out With Us More'
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.