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iHeartMedia Reorganization Plan Approved, Bob Pittman To Remain At The Helm

SAN ANTONIO, TX, (CelebrityAccess) – iHeartMedia, Inc. announced on Jan 22nd that the United States Bankruptcy Court for the Southern District of Texas has signed off on the company’s plan to exit bankruptcy.

Under the terms of the new reorganization plan, iHeartMedia said it plans to complete the restructuring process in the first half of 2019.