• 11/13/2024

Radio Broadcaster Audacy Prepares to File Bankruptcy Within Weeks

Wall Street Journal

Audacy is preparing to file for bankruptcy within weeks after declining advertising revenue made the radio network unable to service its nearly $2 billion debt load, according to people familiar with the matter.

https://www.wsj.com/articles/radio-broadcaster-audacy-prepares-to-file-bankruptcy-within-weeks-d0732619