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) - Lawyers ...

Facing nearly $2 billion in debt and declining ad revenue, Philadelphia-based radio company Audacy is expected to file for Chapter 11 bankruptcy in the coming weeks, the Wall Street Journal reported.

Radio company Audacy announced Sunday that it will file for bankruptcy. David J. Field is the company's chief executive. (Aaron Davidson / Getty Images) Audacy, the radio platform which owns a network ...

It was a topic of conversation that permeated industrywide conversations pertaining to the company’s post-bankruptcy plan across 2024. Now, as the first month of 2025 nears its close, it is official: ...

NEW YORK — Audacy, the struggling multi-platform audio content company that owns several Boston radio stations, has begun prepackaged Chapter 11 bankruptcy proceedings. WEEI, Mix 104.1, Big 103, Magic ...

Radio and podcasting giant Audacy Inc. has received court approval to emerge from bankruptcy, with hedge-fund billionaire and philanthropist George Soros’s investment fund on track to become the ...

American radio and podcasting giant Audacy announced Sunday that it has filed for Chapter 11 bankruptcy protection Image courtesy of Audacy Jan. 7 (UPI) --Following years of declining ad spending, ...

Jan 8 (Reuters) - Lawyers for Audacy AUDA.PK said on Monday the radio broadcaster is seeking to complete its bankruptcy court case in under two months and that it had already lined up lender support ...