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

Report: Online Audio, Podcast Use Hit New Highs
Edison Research at SSRS
Edison Research at SSRS
Online audio and podcast consumption in the U.S. reached record levels in 2026, according to new data from Edison Research's annual "The Infinite Dial" study conducted with SSRS and supported by SiriusXM Media. The report found that 81% of Americans age 12 and older - an estimated 233 million people - More

Beasley Swings to Q1 Profit on Station Sale Gain
Beasley Broadcast Group
Beasley Broadcast Group
Beasley Broadcast Group reported first quarter 2026 net revenue of $42.6 million, down 12.9% from the same period a year ago, while the company posted a profit driven largely by gains tied to the sale of its stations in Fort Myers, FL. The company recorded operating income of More

Salem Media Cuts Q1 Loss, Revenue Declines
Salem Media
Salem Media
Salem Media reported a narrower net loss for the first quarter of 2026 as the company reduced operating expenses, though total revenue declined compared to the same period a year earlier. For the quarter ended March 31, Salem posted total net revenue of $45.9 million, down from $51.7 million in the first More
Advertisement

Matt Stockman to Exit Pillar Media as CPO
Matt Stockman
Matt Stockman
Pillar Media announced that Chief Programming Officer Matt Stockman will leave the organization on Aug. 31 following more than six years with the ministry. Stockman joined Pillar Media in 2020 and oversaw programming strategy and content development across the organization's media platforms. Executive More

Dave Ryan to Retire From KDWB Morning Show
Dave Ryan
Dave Ryan
After 33 years waking up listeners in Minneapolis-St. Paul, Dave Ryan has announced his retirement from mornings at iHeartMedia's 101.3 KDWB. Ryan's final broadcast of "The Dave Ryan in the Morning Show" is scheduled for May 22, ending one of the longest-running morning shows in the Twin Cities market. More

Connoisseur Sells Watertown Stations to Riverfront
Connoisseur Media
Connoisseur Media
Connoisseur Media has agreed to sell its Watertown, South Dakota radio cluster to Riverfront Broadcasting in a deal expected to close later this summer pending FCC approval. The stations included in the transaction are KLDO-FM, KIXX-FM, KSDR-AM, KSDR-FM and KWAT-AM, all licensed to Watertown, along with 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 © 1989-2026 RADIO ONLINE ®

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