iHeartMedia does not publish a rate card, and anyone who hands you one is guessing. What the company does put in writing, in the investor materials it files as a public company, is the claim that it reaches more Americans every month than any other audio company, and that scale is the reason the pricing question has no single answer. iHeart is three businesses wearing one logo: a few hundred broadcast stations sold the way local radio has always been sold, a streaming app sold on digital terms, and one of the largest podcast networks in the country sold on terms of its own. A quote from one tells you almost nothing about the other two.
The Number iHeart Will Not Print
The first thing a seller asks for is not your budget. It is your market, your flight dates, the number of weeks you intend to run and the dayparts you want, because those four inputs set the price before anyone talks about dollars. Buyers who open with a budget figure get a schedule built to spend it rather than a schedule built to work.
Broadcast inventory is priced per airing and varies by an order of magnitude across the country. Streaming and podcast inventory is priced per thousand impressions, which makes it comparable to the rest of digital media and largely immune to the market-by-market variation that governs the broadcast side. One advertiser can buy all three in a single order, and plenty do, which is where most writing on this subject goes wrong: it averages three unrelated price structures into one figure and calls that the cost of advertising on iHeartRadio.
Price the three separately. Then decide which combination covers the people who can actually drive to you.
Market, Daypart, Frequency, in That Order
On the broadcast side the largest single factor is Nielsen market rank. A thirty-second spot on a small-market station is commonly quoted between fifty and two hundred dollars. The same thirty seconds on a major-metro station in morning drive routinely clears a thousand. Nothing about the production changes between those two invoices. The audience size does.
Daypart is the second multiplier. Morning and afternoon drive carry the largest in-car audiences and the highest rates, midday costs less, and overnight is close to free and close to worthless for most local advertisers. Nielsen’s Audio Today reporting has consistently put broadcast radio’s weekly reach at the large majority of American adults, and most of that listening still happens in a vehicle, which is why the drive-time premium has survived every prediction of radio’s death.
Frequency is the third, and it works in your favour. Sellers discount volume, so a schedule of sixty spots across four weeks carries a materially lower unit price than a schedule of twelve. Our breakdown of radio advertising packages covers how those bundles get built and where the padding usually sits.
Get the spot sorted before you take the meeting
We write, cast, direct and mix broadcast-ready audio from $199, most jobs delivered in a day, and the finished file is yours to run anywhere. See exact pricing or tell us about your business and we will send back a premise before you spend anything.
Where the Price Turns Into a CPM
The iHeartRadio app and the podcast network sell on cost per thousand impressions, the same basis as display or video. Streaming audio in the open market is commonly quoted between ten and twenty-five dollars per thousand, with the top of that range attached to tight targeting by geography, age or listening behaviour. Host-read podcast placements on established shows sit well above it, frequently between twenty-five and fifty dollars and higher on the network’s biggest titles, because a host endorsement does work no produced spot can do.
Edison Research has tracked online audio listening to a share of Americans twelve and over comparable to broadcast’s weekly reach in its annual Infinite Dial study, which is why the digital half of iHeart stopped being a rounding error on a media plan. It is also where the targeting lives. A broadcast buy covers a metro. A streaming buy can cover a handful of zip codes, which matters enormously to a business with one location and a twenty-minute catchment. Our guide to advertising on Spotify walks the same mechanics on the platform most advertisers test first.
The Floor Under Every Conversation
Unit prices get quoted in articles. Minimums decide whether you can play. Managed digital audio buys through a large seller commonly carry monthly commitments in the low thousands, and broadcast schedules arrive with implied minimums in the form of weekly spot counts, because no seller will build a schedule too thin to produce frequency. Those floors, not the per-spot rate, are what rule iHeart in or out for a small advertiser.
If the minimum sits above what you can spend for three consecutive months, the answer is not to buy one month of it. A single month of audio at any price buys reach without frequency, and reach without frequency is the most reliable way to waste an audio budget. Smaller independent stations, non-network streaming inventory and podcast placements bought directly from individual shows all clear at lower floors. Our wider look at what a radio ad costs sets the market context around the iHeart figures.
One Schedule, Start to Finish
Run the arithmetic before you take a meeting, using the numbers on your own quote rather than the numbers in any article. A four-week schedule of fifteen spots a week on one small-market station, quoted at a hundred and twenty dollars a spot, is sixty airings and seven thousand two hundred dollars of airtime. Add a streaming layer at fifteen dollars per thousand against a hundred thousand impressions and the plan comes to nine thousand seven hundred.
Production of the spot itself, at our price, is two hundred and forty-nine dollars. That is under three percent of the total, and it is the only part of the plan that decides whether the other ninety-seven percent does anything at all. Swap every figure above for the ones you are actually quoted and the ratio barely moves. Airtime is almost all of the money. Creative is almost none of it, and all of the result.
The Line Item Nobody Negotiates
Every spot in an iHeart break competes with national creative produced for national money, and the station will offer to write yours free as part of the buy. Free station production is free for a reason: it gets written to a template, read by whoever is on shift, and it sounds like everything else in the break.
We price production in public, which almost nobody in this industry does. Fifteen seconds is $199, thirty seconds is $249, sixty seconds is $399, and the finished file is yours with no term and no renewal, so one spot can run on iHeart, on an independent station and on streaming without paying twice. Volume pricing applies when a schedule needs several versions in rotation.
Here is an original :15 written to the thing local advertisers get wrong most often, which is that fifteen seconds holds one moment and nothing else.
“CLOSING TIME”, :15, fictional client.
SFX: a busy kitchen, a phone ringing once.
KID [calling across the room]: Dad, somebody wants to know if we’re still open.
MAN: Tell him we close at ten.
KID: He says it’s nine fifty-eight.
MAN [already working]: Then tell him to run.
ANNOUNCER [dry]: Franconia Pizza. Perkasie. Open till ten, and they mean it.
Thirty-eight spoken words. One idea, which is that they are open later than you think, and the name and the town land once each at the end where a listener can hold them. More worked examples sit in our funny radio ad production work.
What to Do With the Quote in Your Hand
Ask the seller for three things in writing: the per-spot rate by daypart, the weekly spot count, and the total impressions the schedule is projected to deliver. The third is what lets you compare a broadcast line against a streaming line against a podcast line on one basis. The IAB publishes measurement standards for audio precisely so buyers can hold sellers to that comparison.
Then set aside two to four hundred dollars for a spot you own outright and put the rest into frequency inside the narrowest geography that contains your customers. A modest schedule behind a spot people repeat beats a large schedule behind one nobody notices, and the second case is far more common than the first. Our media placement page covers the buying side for anyone who would rather not make the calls.
Own the spot, not the rental
Radio commercials, streaming audio and jingles, written and produced broadcast-ready from $199, most jobs in a day, yours to keep with no term and no renewal. See pricing or tell us about your business and we will pitch you a premise on spec.