New Details on Apple's Negotiations With iHeartMedia Surface

Earlier this month, Financial Times reported that Apple had held talks with U.S. radio company iHeartMedia regarding the possibility of Apple taking a financial stake in the struggling radio company that filed for bankruptcy earlier this year. Despite its financial troubles, iHeartMedia remains the largest radio station owner in the country with over 850 AM and FM stations.

iheart apple
Financial Times has followed up with a new report today outlining some additional details on the negotiations between Apple and iHeartMedia, and while no deal has been struck, it appears Apple is considering several options that would help it leverage iHeartMedia's expertise in terrestrial radio and promote Apple Music and Beats 1 to millions of potential customers.

According to people familiar with the negotiations, Apple has considered buying a stake in the radio group, as well as signing a marketing or promotional partnership.

Another option under consideration is for Apple to acquire iHeartRadio’s streaming platform, which would be a relatively cheap way to reach the service’s 120m registered users.

One unnamed music executive quoted in the story notes that the millions of radio listeners around the world will "inevitably migrate" to online options over time, and Apple undoubtedly would love to make Apple Music the destination for those users as it continues to compete with the likes of Spotify.

The report also notes that Apple Music's user base has grown to 56 million subscribers, up from 50 million as of May. While the increase has pushed Apple past Spotify to become the largest music streaming service in the U.S., Spotify is still growing at a faster pace globally, adding 12 million users over the past six months to reach a total of 87 million subscribers.

Popular Stories

iOS 26

iOS 26.2 Coming Soon With These 8 New Features on Your iPhone

Thursday December 11, 2025 8:49 am PST by
Apple seeded the second iOS 26.2 Release Candidate to developers earlier this week, meaning the update will be released to the general public very soon. Apple confirmed iOS 26.2 would be released in December, but it did not provide a specific date. We expect the update to be released by early next week. iOS 26.2 includes a handful of new features and changes on the iPhone, such as a new...
Google maps feaure

Google Maps Quietly Added This Long-Overdue Feature for Drivers

Wednesday December 10, 2025 2:52 am PST by
Google Maps on iOS quietly gained a new feature recently that automatically recognizes where you've parked your vehicle and saves the location for you. Announced on LinkedIn by Rio Akasaka, Google Maps' senior product manager, the new feature auto-detects your parked location even if you don't use the parking pin function, saves it for up to 48 hours, and then automatically removes it once...
Foldable iPhone 2023 Feature 1

Apple to Make More Foldable iPhones Than Expected [Updated]

Tuesday December 9, 2025 9:59 am PST by
Apple has ordered 22 million OLED panels from Samsung Display for the first foldable iPhone, signaling a significantly larger production target than the display industry had previously anticipated, ET News reports. In the now-seemingly deleted report, ET News claimed that Samsung plans to mass-produce 11 million inward-folding OLED displays for Apple next year, as well as 11 million...
iOS 26

15 New Things Your iPhone Can Do in iOS 26.2

Friday December 5, 2025 9:40 am PST by
Apple is about to release iOS 26.2, the second major point update for iPhones since iOS 26 was rolled out in September, and there are at least 15 notable changes and improvements worth checking out. We've rounded them up below. Apple is expected to roll out iOS 26.2 to compatible devices sometime between December 8 and December 16. When the update drops, you can check Apple's servers for the ...
AirPods Pro Firmware Feature

Apple Releases New Firmware for AirPods Pro 2 and AirPods Pro 3

Thursday December 11, 2025 11:28 am PST by
Apple today released new firmware designed for the AirPods Pro 3 and the prior-generation AirPods Pro 2. The AirPods Pro 3 firmware is 8B30, up from 8B25, while the AirPods Pro 2 firmware is 8B28, up from 8B21. There's no word on what's include in the updated firmware, but the AirPods Pro 2 and AirPods Pro 3 are getting expanded support for Live Translation in the European Union in iOS...
AirTag 2 Mock Feature

Apple AirTag 2: Four New Features Found in iOS 26 Code

Thursday December 11, 2025 10:31 am PST by
The AirTag 2 will include a handful of new features that will improve tracking capabilities, according to a new report from Macworld. The site says that it was able to access an internal build of iOS 26, which includes references to multiple unreleased products. Here's what's supposedly coming: An improved pairing process, though no details were provided. AirTag pairing is already...
iOS 26

Apple Seeds Second iOS 26.2 Release Candidate to Developers and Public Beta Testers

Monday December 8, 2025 10:18 am PST by
Apple today seeded the second release candidate version of iOS 26.2 to developers and public beta testers, with the software coming one week after Apple seeded the first RC. The release candidate represents the final version iOS 26.2 that will be provided to the public if no further bugs are found. Registered developers and public beta testers can download the betas from the Settings app on...
iPhone 14 Pro Dynamic Island

iPhone 18 Pro Leak Adds New Evidence for Under-Display Face ID

Monday December 8, 2025 4:54 am PST by
Apple is actively testing under-screen Face ID for next year's iPhone 18 Pro models using a special "spliced micro-transparent glass" window built into the display, claims a Chinese leaker. According to "Smart Pikachu," a Weibo account that has previously shared accurate supply-chain details on Chinese Android hardware, Apple is testing the special glass as a way to let the TrueDepth...
ipad blue prime day

iPad 12 Rumored to Get iPhone 17's A19 Chip, Breaking Apple Tradition

Wednesday December 10, 2025 12:22 pm PST by
The next-generation low-cost iPad will use Apple's A19 chip, according to a report from Macworld. Macworld claims to have seen an "internal Apple code document" with information about the 2026 iPad lineup. Prior documentation discovered by MacRumors suggested that the iPad 12 would be equipped with an A18 chip, not an A19 chip. The A19 chip was just released this year in the iPhone 17, and...
studio display purple

Apple Studio Display 2 Code Hints at 120Hz ProMotion, HDR, A19 Chip

Thursday December 11, 2025 4:19 am PST by
Apple's next-generation Studio Display is expected to arrive early next year, and a new report allegedly provides a couple more details on the external monitor's capabilities. According to internal Apple code seen by Macworld, the new external display will feature a variable refresh rate capable of up to 120Hz – aka ProMotion – as well as support for HDR content. The current Studio...

Top Rated Comments

Lesser Evets Avatar
92 months ago
iHate iHeartMedia. :p

Anyone that follows news about the broadcast industry knows just how bad this company has been for radio stations across the United States.
Actually, iHeart Media has been GREAT for stations….’ owners. iHeart paid big bux to buy out all those stations since FCC deregulation in 1996 allowing for single companies to own more stations in each market.

It has been bad for employees, because iHeart consolidated stations into their iHeart-centralized groups and slashed payroll. However, automation has been doing that, and the FCC has been appropriately deregulating radio to compensate for changing technology.

It has been REAL BAD FOR CULTURE! This McMUSIC culture due to homogenized radio and centralized control of music culture has resulted in the dullest of the dullest musical scene since 755 A.D. when Vlad had to miss the lute-playing traveling bard to take a dump outside the communal hut in the mud lands of Eastern Europe. iHeart (among a couple others) has tightly controlled sales and charts through centralization of radio programming.

In the old days (heydays of the 50s-70s), radio and sales were dictated by the people listening and buying. The record companies and radio stations offered up grassroots creativity and would promote what stuck to the masses listening and purchasing. Manufactured groups and talents were in the mix as well, but anyone could make a go of the system. Nowadays, the average Joe in Podunksville, AL can’t get airplay locally because it is controlled by a centralized corporation way-way over the hills. Mom and Pop sold out/were bought out by the “big boys”.

The radio industry had grown stale in the 80s-90s, anyway. It is like the stepchild of the entertainment industry where lots of ego combines with a lack of talent to create a boring mess. Ultimately, radio stations are mostly audio billboards…. But who is listening?

According to studies, 90% of Americans tune into AM/FM radio every week in their cars! 90%!! It’s huge. However, radio doesn’t have the cultural import it had when it promoted a fresh and lively bevy of creativity, so it is mostly relegated to “filling space” in commuters’ lives. That’s still a fairly good billboard! And that is why it is still relevant.

But why listen? They play the same 10 songs, all bland “chart toppers” written by the same 10-20 folks, all sounding like the same stuff since the late 90s-onward. They cram too many commercials in. The “talent” speaks in funny voices and says puerile quips or snarky aphorisms, etc. And half of the stations/formats sound identical today: ACH sounds like AC sounds like Top-40 sounds like Urban. Even country now sounds like Lite AC.

The future of terrestrial radio isn’t death. It isn’t McRadio, because that is a heartless and failing venture, and it isn’t online. Online is as distant and heartless as iHeart(less) radio and satellite radio. What people are gravitating to more than anything else is information and exploration. They turn to radio in hopes of hearing new music and experiences or information they didn’t get elsewhere. Your playlists on an iPod get stale—quick. The looping XM radio stations feel uncared for and lacking personality or fresh info. They fill no particular niche outside of a musical format. Online radio isn’t much better, and it can be too indulgent for the owner/operators and too difficult to find for the average Joe.

Localization of radio, talking to locals, infoming locals, curating locals along with semi-locals along with nationals and regional talents, will keep it fresh and alive. Apple isn’t going to do that. No major corporation will do that. It will be “normal” people, local folk, picking up the pieces of the radio industry that is crumbing that will make it work again as it worked in the past when it was an actual business instead of an investment scheme for titans and social programmers.
Score: 8 Votes (Like | Disagree)
japanime Avatar
92 months ago
iHate iHeartMedia. :p

Anyone that follows news about the broadcast industry knows just how bad this company has been for radio stations across the United States.
Score: 6 Votes (Like | Disagree)
tromboneaholic Avatar
92 months ago

apple killed their ipod star. apple had a great music situation, I have a 2007 ipod connected to a Bose sounddock that plays music uninterrupted, clearer, deeper and without loss that sounds much better the itouch 2010 running foobar or anything itunes tries to play though airplay. now apple who destroyed their own music format wants to help a radio company? this is what happens when accountants instead of musicians control music.
iPhone killed the iPod because people stopped buying iPods once Steve Jobs put it on a phone with a web browser and apps.
Score: 2 Votes (Like | Disagree)
David G. Avatar
92 months ago
iHeart logo confuses me
There's a lower case letter i.
There's a heart.
There're radio waves being transmitted from the "i" shaped antenna.

Helpful?
Score: 2 Votes (Like | Disagree)
goobot Avatar
92 months ago
I fail to see what Apple achieves with this proposed investment. Terrestrial radio is good for automobile commuters; what benefit does Apple gain from this?
Idk if they would do this but maybe to make all those station aviialable on Apple Music?
Score: 1 Votes (Like | Disagree)
Ed217 Avatar
92 months ago
Each location/person had different needs, and for us automation works well. We also have Nest and video cameras at all the needed position as well as automatic door locks. Having been using it for well over 30 years, its very comfortable for us.
Score: 1 Votes (Like | Disagree)