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: ...

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, ...

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 ...

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 ...

Audacy is the latest radio company to announce the addition of artificial intelligence and machine learning to enhance contextual advertising in its podcasts. The technology is currently being used to ...

As the industry and thousands of radio listeners across the New York Tri-State Area digest the news that Audacy Inc. will conclude the News-focused programming of WCBS-AM 880 in New York on August 26, ...

Audacy, the troubled radio and audio-streaming company, said Sunday it filed plans for Chapter 11 bankruptcy reorganization to slash its debt. Audacy is the second-largest radio broadcaster in the U.S ...

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 ...