2 points
I actually hadn’t heard of iheartradio before, but after checking it out, it seems like as you mentioned it’s as much a podcasting/music streaming site as it is a radio network. And even then, it looks like it’s the biggest “internet radio” company in the US with a market cap of $250 million. Mark Cuban’s internet radio company was sold for $5.7 billion in 1999… which would be over $10 billion today. So I’m standing by my original statement that he absolutely fleeced Yahoo.
2 points
In 2021 at its height it was valued at almost 5b, yeah it’s nose dived a LOT.
I didn’t know how much broadcast.com was bought for tho, that is pretty nuts.
