News

Audacy to complete court approval by late February Restructuring would cut debt from $1.9 billion to $350 million Company's lenders will take all Audacy equity in the deal Jan 8 (Reuters ...
Audacy, the struggling multi-platform audio content company, has begun prepackaged Chapter 11 bankruptcy proceedings in US Bankruptcy Court for the Southern District of Texas, the company ...
The rebranding initiative has already been underway for months, with shows ditching individual studio imaging in favor of Audacy’s logo. The full process involves transitioning the show art to ...
That has complicated the financial position of Audacy, the second-largest radio company in the United States and a major player in the podcast market. Warning lights appeared again last week when ...
So I called up B. Riley Securities analyst Daniel Day, who covers the big three radio companies, and asked him to explain how filing for bankruptcy affects Audacy’s business and what the company ...
It's described as "a key move underscoring the company's commitment to fueling its digital future." Introducing Audacy's new ...
By Alex Weprin Senior Editor One of the largest radio companies in the U.S., Audacy, said Sunday that it would file for Chapter 11 bankruptcy protection after reaching a deal with its debt holders ...
Radio network Audacy on Monday shared that it completed its financial restructuring, successfully reducing its approximately $1.9 billion of funded debt by 80%, to $350 million. The Philadelphia ...
Radio giant Audacy announced that it plans to file for Chapter 11 bankruptcy, on Sunday. The company, which owns more than 200 stations across the U.S., announced in a news release it agreed to a ...
Some local radio show hosts in Kansas City have announced their departures on their respective Facebook pages following reports of widespread layoffs at Audacy radio stations Thursday. Johnny Dare ...
By Steve Knopper Audacy, the second-biggest broadcast company after iHeartMedia, laid off 200 employees this week, according to a radio business source. “Audacy has made workforce reductions to ...