After a lengthy string of poor performance quarters, iHeartMedia posted a Q4 report for 2016 showing $100+ in earnings, a turnaround from a $90+ million loss in the corresponding quarter for fiscal 2015.
It's a complex business, so it is difficult to back up the "radio is back" contention but nonetheless it may stop persistent talk that the conglomerate was ready to be broken up.
More here:
http://www.allaccess.com/net-news/archive/story/162996/surprise-iheartmedia-releases-q4-and-2016-financia