How Does iHeart Radio Make Money?

Factual Questions
1

The app is free, I’m not paying a monthly fee, I haven’t seen any ads, yet surely they’re paying royalties.

Bonus question: how much money does Ziggy Marley actually receive each time one of his songs gets cast over my smart phone on my Reggae channel? It would have to be a faction of a cent!

2

“What iHeart Radio is trying to do is build a loyal audience. Some may say that iHeartRadio is giving away the store, but reality is much different. What is happening is that iHeartRadio is acting as a loss leader for the bigger business, Clear Channel.”