Bottom Feeder Buying Cumulus, Audacy Debt
Just when you think Audacy and Cumulus have nothing left to sell, they’ve come up with this.
Why investors are willing to throw millions at radio groups that have emerged from bankruptcy or are ready to go into it.
Detailed: The riskiest new investment in radio since John Malone tried to take over iHeart.
What speculators see in radio that shareholders do not.
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Click to read: The Audacy Reorganization Talks …. Shockers Ahead from iHeart, Audacy … What’s for Sale at Audacy … Audacy to Renege on Pension Plans …Airplay and Attention Span … Bankruptcy Talks Accelerate After Audacy 2Q Earnings Disaster … What to Expect from 2nd Quarter Revenue … Record Labels Confirm the Decline of CHR … The Big Consolidators Plan for the Future … Chaos at Cumulus …
You may also like: The Race to Rebrand Radio … Listeners Paying Streaming Rate Hikes Rather Than Free Radio… Religion is Soaring, Salem is Not … The Core Needs of Listeners Have Changed … Satellite has a Radio Problem … The Golden Bachelor Warning… Audacy’s Screwed Up Bankruptcy … The Rise of Unions in Media… Spillover Effects of a Disney TV Sale … The Projected Outcome of the Audacy Bankruptcy Talks
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