iHeartMedia Stock Soars on Reports of Netflix Video Podcast Deal

After Bloomberg revealed that Netflix Inc. (NASDAQ:NFLX, ETR:NFC) is in talks to license video podcasts from the media firm, iHeartMedia Inc. (NASDAQ: IHRT) shares increased by 25% on Tuesday.  According to Bloomberg, which cited people with knowledge of the situation, Netflix is vying for the sole rights to video versions of iHeartMedia’s well-known podcasts. This

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