Partner Elon Altman Quoted in Billboard Magazine

Music and Entertainment Valuation Services Practice Partner Elon Altman was recently quoted in Billboard Pro regarding iHeartMedia's restructuring.

“They're widespread in every major market. In the top 50 markets, iHeart has stations in 44 of them, and in those markets, it averages 6.3 stations per market. It's all over the largest markets in high volume.” This dominance translates to a profitable business, with an average of nearly 24% adjusted EBITDA margin.

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