iHeartMedia, Inc. announced an important next step in extending its presence into web3 and the metaverse, beginning with plans for the creation of iHeart events and experiences for listeners and music fans on Roblox. iHeart will also use its consumer reach of over 90% of Americans every month and strong engagement to create the awareness and demand necessary to bring new metaverse and web3 platforms to the mass market. As part of this overall strategy, in 2022 iHeartMedia plans to bring immersive musical moments to the over 47M daily active users on the Roblox platform and launch its first tokenized community, building a new token that will incentivize and reward the iHeart creator community in new ways and give iHeart's fans unique access to offerings across its multiple platforms, and a series of collectible non-fungible tokens (NFTs), building on the success of its previously launched iHeartRadio Music Festival NFTs in partnership with Green NFT platform OneOf in September 2021.