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 Available Next Month With These 8 New Features

Tuesday November 11, 2025 9:48 am PST by
Apple released the first iOS 26.2 beta last week. The upcoming update includes a handful of new features and changes on the iPhone, including a new Liquid Glass slider for the Lock Screen's clock, offline lyrics in Apple Music, and more. In a recent press release, Apple confirmed that iOS 26.2 will be released to all users in December, but it did not provide a specific release date....
m1 chip slide

Five Years of Apple Silicon: M1 to M5 Performance Comparison

Monday November 10, 2025 1:08 pm PST by
Today marks the fifth anniversary of the Apple silicon chip that replaced Intel chips in Apple's Mac lineup. The first Apple silicon chip, the M1, was unveiled on November 10, 2020. The M1 debuted in the MacBook Air, Mac mini, and 13-inch MacBook Pro. The M1 chip was impressive when it launched, featuring the "world's fastest CPU core" and industry-leading performance per watt, and it's only ...
iphone pocket%402x

Apple Debuts iPhone Pocket, a Limited Edition iPod Sock-Style Accessory

Tuesday November 11, 2025 1:23 am PST by
Apple has teamed up with Japanese fashion house ISSEY MIYAKE to launch iPhone Pocket, a 3D-knitted limited edition accessory designed to carry an iPhone, AirPods, and other everyday items. The accessory is like a stretchy pocket, not unlike an iPod Sock, but elongated to form a strap made of a ribbed, elastic textile that fully encloses an iPhone yet allows you to glimpse the display...
AirPods Pro Firmware Feature

Apple Releases New Firmware for AirPods Pro 2, AirPods Pro 3, and AirPods 4

Thursday November 13, 2025 11:35 am PST by
Apple today released new firmware designed for the AirPods Pro 3, the AirPods 4, and the prior-generation AirPods Pro 2. The AirPods Pro 3 firmware is 8B25, while the AirPods Pro 2 and AirPods 4 firmware is 8B21, all up from the prior 8A358 firmware released in October. There's no word on what's include in the updated firmware, but the AirPods Pro 2, AirPods 4 with ANC, and AirPods Pro 3...
homepod mini colors

New HomePod Mini Coming Soon With These Features

Tuesday November 11, 2025 7:30 am PST by
Apple is expected to announce a new HomePod mini imminently, headlining with new chips. Here are all of the new features we're expecting. The second-generation HomePod mini is highly likely to contain a more up-to-date chip for more advanced computational audio and improved responsiveness. The current HomePod mini is equipped with the Apple Watch Series 5's S5 chip from 2019. Apple is likely ...
ios 26 digital id passport wallet

Apple Announces Launch of U.S. Passport Feature in iPhone's Wallet App

Wednesday November 12, 2025 9:15 am PST by
Apple today announced that iPhone users can now create a Digital ID in the Apple Wallet app based on information from their U.S. passport. To create and present a Digital ID based on a U.S. passport, you need: An iPhone 11 or later running iOS 26.1 or later, or an Apple Watch Series 6 or later running watchOS 26.1 or later Face ID or Touch ID and Bluetooth turned on An Apple Account ...
homepod mini thumb feature

New HomePod Mini, Apple TV, and AirTag Were Expected This Year — Where Are They?

Wednesday November 12, 2025 11:42 am PST by
While it was rumored that Apple planned to release new versions of the HomePod mini, Apple TV, and AirTag this year, it is no longer clear if that will still happen. Back in January, Bloomberg's Mark Gurman said Apple planned to release new HomePod mini and Apple TV models "toward the end of the year," while he at one point expected a new AirTag to launch "around the middle of 2025." Yet,...
Tesla Charging

Tesla Working to Add Apple CarPlay Support to Vehicles

Thursday November 13, 2025 8:31 am PST by
Tesla is working to add support for Apple CarPlay in its vehicles, Bloomberg's Mark Gurman reports. Tesla vehicles rely on its own infotainment software system, which integrates vehicle functions, navigation, music, web browsing, and more. The automaker has been an outlier in foregoing support for Apple CarPlay, which has otherwise become an industry standard feature, allowing users to...
iphone air thinness

iPhone Air Sales Are So Bad That Apple's Delaying the Next-Generation Version

Monday November 10, 2025 11:41 am PST by
The thin, light iPhone Air sold so poorly that Apple has decided to delay the launch of the next-generation iPhone Air that was scheduled to come out alongside the iPhone 18 Pro, reports The Information. Apple initially planned to release a new iPhone Air in fall 2026, but now that's not going to happen. Since the iPhone Air launched in September, there have been reports of poor sales...
CarPlay Pinned Messages

iOS 26.2 Adds New CarPlay Setting

Thursday November 13, 2025 6:48 am PST by
iOS 26 extended pinned conversations in the Messages app to CarPlay, for quick access to your most frequent chats. However, some drivers may prefer the classic view with a list of individual conversations only, and Apple now lets users choose. Apple released the second beta of iOS 26.2 this week, and it introduces a new CarPlay setting for turning off pinned conversations in the Messages...

Top Rated Comments

Lesser Evets Avatar
91 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
91 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
91 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
91 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
91 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
91 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)