iHeartMedia and State Farm® Collaborate on First-Ever Exclusive Arena Naming Rights in the Metaverse with iHeartLand
June 08 2022 - 7:00AM
Business Wire
State Farm celebrates its 100th anniversary by
looking to redefine the future of entertainment with
iHeartMedia
iHeartMedia and State Farm announced today a groundbreaking
partnership aimed at redefining entertainment experiences in the
metaverse, beginning with Roblox. This summer, State Farm is
celebrating its 100th anniversary by stepping into the metaverse in
collaboration with iHeartMedia to create the future of live
experiences, combining major album releases, some of the biggest
hit podcasts and interactive gaming in exciting new ways for
fans.
“iHeartLand is designed to break down the walls between artists,
creators, brands and fans in new ways that are only possible in the
metaverse,” said Conal Byrne, CEO of the iHeartMedia Digital Audio
Group. “As the leading brand for music discovery and popular
culture, and the No. 1 podcast publisher globally, we’re excited to
build an entirely new world for our biggest creators and the
biggest names in music to quite literally play with their fans. The
interactive experiences players will get in iHeartLand and in this
new first-of-its-kind venue will be incredibly dynamic and
creative. We couldn’t be more pleased to collaborate with State
Farm given their history of innovation in marketing and desire to
continue creating memorable experiences for consumers – and given
our companies’ shared fundamental focus on community and neighbors,
there was truly no other brand we’d choose to embark on this
project with.”
“State Farm shares in the excitement,” says Rand Harbert, Chief
Agency, Sales & Marketing Officer. “As the quintessential good
neighbor, it only makes sense for State Farm to join the virtual
neighborhood that is the metaverse. We’re excited to work with
iHeartMedia to meet consumers where they are in a way only our two
brands can. Together, we aim to create a space where fans can
compete and collaborate to unlock once-in-a-lifetime experiences in
a virtually limitless world of entertainment in iHeartLand.”
iHeartLand will be the premier destination in the metaverse for
fans to interact with artists and creators while learning how to
build their own music empire through competition, collaboration and
connection with the biggest names in music, podcasting and
entertainment. To celebrate its launch, the new arena will kick off
a steady drumbeat of events where fans can expect performances, new
music drops, interactive podcasts, exclusive collectible merch and
special access to VIP experiences curated exclusively for metaverse
players. Additional details about iHeartLand and the performance
and event lineup will be announced closer to launch.
About iHeartMedia iHeartMedia, Inc. [Nasdaq: IHRT] is the
leading audio media company in America, reaching over 90% of
Americans every month, and has a portfolio of unmatched consumer
brands and industry-leading events. iHeart’s broadcast radio assets
alone have more consumer reach in the U.S. than any other media
outlet; twice the reach of the next largest broadcast radio
company; and over four times the ad-enabled reach of the largest
digital only audio service. iHeart is the largest podcast publisher
according to Podtrac, with more downloads than the next four
podcast publishers combined; has the number one social footprint
among audio players, with seven times more followers than the next
audio media brand; and is the only fully integrated audio ad tech
solution across broadcast, streaming and podcasts. The company
continues to leverage its strong audience connection and
unparalleled consumer reach to build new platforms, products and
services. Visit iHeartMedia.com for more company information.
About State Farm® For 100 years, the mission of State
Farm has and continues to be to help people manage the risks of
everyday life, recover from the unexpected, and realize their
dreams. State Farm and its affiliates are the largest providers of
auto and home insurance in the United States. Its 19,300 agents and
nearly 55,000 employees serve approximately 86 million policies and
accounts – which includes auto, fire, life, health, commercial
policies and financial services accounts. Commercial auto
insurance, along with coverage for renters, business owners, boats
and motorcycles, is available. State Farm Mutual Automobile
Insurance Company is the parent of the State Farm family of
companies. State Farm is ranked No. 39 on the 2021 Fortune 500 list
of largest companies. For more information, please visit
http://www.statefarm.com.
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State Farm Gina Wilken gina.wilken.dyoj@statefarm.com
iHeartMedia Angel Aristone AngelAristone@iHeartMedia.com
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