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 ...
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 ...
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 ...
Weeks after Audacy announced recent upgrades across all 700 of the broadcaster’s digital Exclusive Stations to Super Hi-Fi’s HLS+ streaming technology, the companies are expanding their AI partnership ...
Audacy’s use of tools from Super Hi-Fi is taking a higher profile at the NAB Show. The two companies announced an enhanced partnership that they say will “drive operational innovation and efficiency ...
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, ...
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.
The company said Sunday that it had reached an agreement with a super majority of its debt holders to restructure. By Alex Weprin Senior Editor One of the largest radio companies in the U.S., Audacy, ...
Audacy, the struggling multi-platform audio content company, has begun prepackaged Chapter 11 bankruptcy proceedings in US Bankruptcy Court for the Southern District of Texas, the company announced ...
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 ...
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 ...
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