CLEVELAND – iHeartMedia Cleveland announced today plans to move their regional office to downtown Cleveland. The new location will be at 668 Euclid Avenue and will include a 10-year agreement lease with K&D Group. The new agreement will move iHeartMedia Cleveland’s nine radio stations, along with the company’s sales, marketing, digital and Total Traffic operation to the new state-of-the-art street level facility. The new offices are scheduled to open by the end of 2021.
iHeartMedia Cleveland has designed a brand-new state-of-the-art facility to house their iconic brands and franchises – both broadcast and digital – including legendary stations like 100.7 WMMS, Newsradio WTAM 1100 AM & 106.9 FM, Majic 105.7, 99.5 WGAR, 106.5 The Lake, 96.5 KISS FM, Real 106.1, 1350 AM The Gambler and Cleveland’s BIN: Black Information Network 99.1 FM. This move will bring more than 100 employees into the heart of Cleveland’s downtown business landscape.
“We are thrilled to return our broadcast and digital operations to the heart of our city,” said Keith Hotchkiss, President of iHeartMedia Cleveland. “Connecting our influencers, marquee talent and operation staff with the downtown business district will further drive the passion to serve the community we all call home.”
iHeartMedia Cleveland’s new vision for the workplace provides leaders and their teams with the tools they need to adapt to a changing world. New office features will include five conference rooms, 11 studios featuring cutting-edge technology, eight service booths for news, traffic, and podcast creation, and phone audio sound via Sound+. A marquee broadcast studio and mixed use podcast content creation room both face street level on Euclid Avenue. Studio designs are by Beneville Studios and AUX1 design.
“We are delighted that iHeartMedia will be locating their regional headquarters in downtown Cleveland, bringing 100 communication and technology jobs to the 668 Building and the Euclid Avenue Historic District," said Joe Marinucci, President and CEO of the Downtown Cleveland Alliance.
“We are so excited that iHeartMedia has decided to return to downtown Cleveland after many years, and that they have chosen our 668 Building as their new home,” said Doug Price, CEO of K&D Group.
iHeartMedia is the leading media outlet in the Cleveland market with multiple platforms, including its broadcast stations; live events; data; and its digital businesses and platforms, including mobile, social and its own iHeartRadio, iHeartMedia’s free all-in-one digital music, podcasting and live streaming radio service – with 3 billion app downloads and more than 145 million registered users
About iHeartMedia, Inc.
iHeartMedia Cleveland owns and operates WAKS, WGAR, WHLK, WMJI, WMMS, WTAM, WARF, REAL 106.1 and BIN 99.1, and is part of iHeartMedia. iHeartMedia (NASDAQ: IHRT) is the number one audio company in the United States, reaching nine out of 10 Americans every month. It consists of three business groups.
With its quarter of a billion monthly listeners, the iHeartMedia Multiplatform Group has a greater reach than any other media company in the U.S. Its leadership position in audio extends across multiple platforms, including more than 860 live broadcast stations in over 160 markets nationwide; its National Sales organization; and the company’s live and virtual events business. It also includes Premiere Networks, the industry’s largest Networks business, with its Total Traffic and Weather Network (TTWN); and BIN: Black Information Network, the first and only 24/7 national and local all news audio service for the Black community. iHeartMedia also leads the audio industry in analytics, targeting and attribution for its marketing partners with its SmartAudio suite of data targeting and attribution products using data from its massive consumer base.
The iHeartMedia Digital Audio Group includes the company’s fast-growing podcasting business -- iHeartMedia is the number one podcast publisher in downloads, unique listeners, revenue and earnings -- as well as its industry-leading iHeartRadio digital service, available across more than 250 platforms and 2,000 devices; the company’s digital sites, newsletters, digital services and programs; its digital advertising technology companies; and its audio industry-leading social media footprint.
The company’s Audio & Media Services reportable segment includes Katz Media Group, the nation’s largest media representation company, and RCS, the world's leading provider of broadcast and webcast software. Visit iHeartMedia.com for more company information.
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