Liberty Media angling to snag post-bankruptcy iHeartMedia | WHAT REALLY HAPPENED


Liberty Media angling to snag post-bankruptcy iHeartMedia

Radio giant iHeartMedia just took a major step toward emerging from bankruptcy — and falling into the clutches of John Malone.

The Denver-based media tycoon is angling to take control of the broadcasting behemoth — whose more than 800 stations include New York’s Z100 and 103.5 KTU — as soon as it gets out of bankruptcy early next year, sources told The Post. (The company filed for bankuptcy in March.)

The idea: to create a soup-to-nuts toll taker for music lovers by combining iHeart with his other music properties, which include satellite-radio giant Sirius XM as well as concert promoter Live Nation and its Ticketmaster service, insiders said.

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