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Owner Of UK’s Largest Commercial Radio Operator Acquires 8.8% Of iHeartMedia

Y2kTheNewOldies

Y2kTheNewOldies

radioinsight.com

Owner Of UK's Largest Commercial Radio Operator Acquires 8.8% Of iHeartMedia - RadioInsight

radioinsight.com

According to SEC filings Honeycomb Holdings has shares in Iheart inc.

UK investment company Honeycomb Investments Ltd has purchased 8.8% of iHeartMedia according to SEC filings.

Honeycomb is funded by Michael Tabor, who is the financial backer of Global Radio led by his son Ashley Tabor-King. The $117,600,414 purchase of 9,631,329 shares makes Honeycomb one of the largest individual shareholders in iHeart. Global is the largest commercial radio operator in the United Kingdom with brands that include “Capital“, “Heart“, “LBC“, “Classic FM“, “Smooth Radio“, “Radio X” and many digital sub-brands of each.
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Global Radio is an excellent company. They have excellent programming on all of their stations.
 
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