Source: storifynews.com

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



