Home Login
Subscribe
Subscribe Online Renew Subscription Subscribe By Mail/Fax Free Ten Day Trial Subscription Info Buy Radio Station Data
RADIO ONLINE
Advertise
Buy Advertising Online Ad Package Information Ad Package FAQs Ad Control Panel Ad Setup Wizard
RSS Facebook
Daily News
Changes & Moves
Top News
Business News
FCC Daily Digests
FCC News
Newsletters
Report News
RSS
Advertisement

WSJ: Audacy Prepares to File Bankruptcy Within Weeks


Audacy
Audacy

The Wall Street Journal is exclusively reporting that Audacy has reached an agreement with senior lenders to provide financing for a chapter 11 process set to begin within weeks, according to sources. WSJ says the company is preparing to file after declining advertising revenue is prohibiting Audacy from servicing its nearly $2 billion debt load.

WSJ writes senior lenders have reached an agreement for a prepackaged bankruptcy plan. The lenders will provide financing for the proceedings and are expected to own the company following the restructuring. Entercom, now Audacy, was founded by Joseph Field as more than 55 years ago. It's currently head by his son, Chairman and President/CEO David Field.

Advertisement

Latest Radio Stories

iHeartMedia Chicago Names Kashon Powell VP of Programming
Kashon Powell
Kashon Powell
iHeartMedia Chicago has named veteran programmer Kashon Powell as its new Vice President of Programming, overseeing WGCI-FM, WVAZ-FM, WGRB-AM, and WMFN-AM, effective August 18. Powell brings more than three decades of radio experience to the role, including leadership positions at both Urban One and More

Andrews Returns to Audacy Wisconsin as BM/Afternoons
Brett Andrews
Brett Andrews
Audacy appoints Brett Andrews as Brand Manager for WMHX-FM (Mix 105.1 FM) in Madison and Assistant Brand Manager for both WMYX-FM (99.1 The Mix) and WXSS-FM (103.7 Kiss FM) in Milwaukee, effective July 14. In addition to his leadership roles, Andrews will host afternoons on 99.1 The Mix, airing weekdays from More

Commuting on the Rise in 2025, Boosting Radio's Reach
Katz Radio Group
Katz Radio Group
New research from Katz Radio Group, analyzing the latest YouGov workforce data, reveals that commuting in the U.S. has surged in 2025, with more than 7 in 10 employed adults now traveling to jobs outside the home. The trend marks a 29% increase in commuting since 2020, signaling a More
Advertisement

FCC Removes Nearly 3,000 Words of Rules in DDD Initiative
Federal Communications Commission (FCC)
Federal Communications Commission (FCC)
The Federal Communications Commission (FCC) has taken new steps in its ongoing effort to eliminate outdated and unnecessary regulations under its "Delete, Delete, Delete" initiative, removing approximately 2,991 words and 41 rules from its regulatory code. The Commission's latest action targets what it More

Soros Fund, Del Nin Seek Dismissal of Warshaw Lawsuit
Jeffrey Warshaw
Jeffrey Warshaw
The legal dispute between Connoisseur Media CEO Jeffrey Warshaw and Soros Fund Management (SFM) intensified this week as SFM and its Head of Media Investments, Michael Del Nin, moved to dismiss Warshaw's lawsuit and demanded revisions to his complaint. Warshaw filed suit last month in Connecticut More

Covino & Rich to Air Live from 2025 MLB All-Star Game
Covino & Rich
Covino & Rich
FOX Sports Radio's afternoon duo Covino & Rich will take over morning duties next week with special live coverage of Major League Baseball's 95th All-Star Game, airing July 14-16 from Atlanta. With The Dan Patrick Show on vacation, Covino & Rich will move into the 9am-12pm ET slot for a special All-Star Week More

Return to Menu

Advertisement

Subscribe to our Newsletter
Radio news and headlines delivered right to your e-mail box -- and it's free.

Advertisement

Advertisement

Follow us on:

 RSS Facebook

Copyright © 1989-2025 RADIO ONLINE ®

Airchecks Databases Jobs Newsletters Promotions Radio News Ratings Show Prep Advertise Submissions Subscribe Contact Us