Will Audacy declare bankruptcy? Posted on January 8, 2024 at 05:21:16 PM by observer
Sagging advertising, 2 billion in debt, bankrupty expected in a couple weeks, owning 8 stations in KC... Philly based corporation.... There was a report on the net we saw. Is it just a reorganization or a breakup and KC properties up for sale? Sounds like the Audacy change was a financial goof. I did hear once that BZ was carrying the cluster. I figured that AUdacy and other regroupings was what was to become of OTA radio moving to the internet but that woudl have required less local ads and more natnl ones for a broader appeal.
Are we likely to see methods to get internet easier on cars? I had XM briefly but wasn't in the car enough to make it worthwhile. I still have an old receiver in a bin of junk electronics in my garage. We just don't travel nearby other than an hours drive the BNA airport. Replies: There have been no replies.
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