iHeartMedia Inc at Bank of America Merrill Lynch Media, Communications and Entertainment Virtual Conference Transcript
Hello. Good morning. Thank you for joining us again. We're thrilled to be here with iHeart management. We are joined by Bob Pittman, CEO of iHeartMedia; and Rich Bressler, COO and CFO. Good morning, Bob and Rich.
How are you?
Questions & Answers
Great. So after doing a direct listing on the NASDAQ in July of last year, the business was actually on a healthy pace to generate substantial EBITDA and free cash flow. Then as we all know, in mid-March, we were hit by COVID, which meaningfully impacted the U.S. economy. So -- whereas trends were improving significantly pre-COVID. We've all kind of had to pull back. How are you thinking about the long-term trajectory of iHeart from here? Is it any different than -- was it any different than pre-COVID? And what do you think -- I just
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