The company’s stock price jumped 25% on Tuesday (Aug. 12) following quarterly results.
“It’s been a journey, and I know that the time has come that [I may] have to [stop],” says Mary McCoy. “But it’s going to be hard to walk away, because that’s been my life.”
The company's stock dropped 3% as investors reacted negatively to its upcoming ad-supported subscription tier, set to launch later this year.
Cooper is just the second person who was inducted as a performer in the Rock and Roll Hall of Fame to also be admitted to the Radio Hall of Fame.
Diplo has been added to the lineup, ensuring that dance music will be well-represented at the annual event.
David Guetta & Bebe Rexha, Nicky Youre, Benson Boone, Doja Cat, Hozier, Jack Harlow, Sia, Tate McRae and Teddy Swims also hit the milestone.
The radio company's digital business, which includes podcasts, was up 16% while its broadcast segment fell 4%.
The lawsuit claims iHeart waited four months before warning subscribers last week, exposing them to identity theft risks that will last "their respective lifetimes.”
While the start of last year was a peak time for radio DJs to play songs from Puff Daddy, P. Diddy and Diddy, the first four months of this year were starkly different.
Executives reiterated full-year financial guidance and said they don't expect to be impacted by possible increases in global tariffs.