IHeartMedia says Joseph Robinson has been promoted to president of iHeartMedia Ventures. He will focus on developing strategic opportunities with media, technology and content companies and will report to Rich Bressler, president, chief operating officer and chief financial officer of iHeartMedia.
According to the company, iHeartMedia Ventures will enable iHeartMedia to be nimble and to choose solutions and technologies while retaining and supporting core teams and knowledge. Additionally, because of its size and multiplatform asset base, iHeartMedia can help accelerate the companies it invests in and partners with by promoting and deploying portfolio company products across its network, it added.
Robinson has over 20 years of investment and management experience. As the company’s executive vice president of strategic development, Robinson evaluated and executed strategic acquisitions and equity partnerships and alliances in emerging, high-growth digital and technology companies.
Prior to joining iHeartMedia, Robinson founded Halo Venture Partners, a venture investment company focused on digital media, advertising and media-related technology companies. His investments include Scout Media, a sports social network sold to Fox in 2005, UGO Networks, a male-targeted advertising network, which was sold to Hearst in 2007 and InterWorld Inc., a publicly traded e-commerce solutions provider.
IHeartMedia’s operations include radio broadcasting, online, mobile, digital and social media, live concerts and events, syndication, music research services and independent media representation.