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  •  » US Radio Chain Audacy Hopes To Exit Brankruptcy By End Of September

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    August 9, 2024 9:32 pm  #1

    paterson1
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    US Radio Chain Audacy Hopes To Exit Brankruptcy By End Of September

    One of the biggest radio chains in the US is still losing money but much less than a year ago.  Audacy said it lost #3 million in the 2nd quarter compared to $135.5 million same period in 2023.  Also the company hopes the FCC will approve them exiting bankruptcy which will see their debt reduced by 80%.  Details from Insideradio..https://www.insideradio.com/free/audacy-reduces-year-ago-q2-loss-as-it-awaits-bankruptcy-exit/article_417b49b0-5652-11ef-9f8d-c3b715227a01.html  

     

     

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