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

Urban One Expands Dallas Footprint with KKDA, KRNB
Urban One
Urban One
Urban One has reached an agreement to acquire Service Broadcasting Group, including Dallas stations KKDA and KRNB, while also agreeing to sell KZMJ to Fuzion Dallas. Both transactions remain subject to approval by the FCC and customary closing conditions. The company said the More

NAB Opens 2026 Marconi Awards Nominations
Marconi Radio Awards
Marconi Radio Awards
The National Association of Broadcasters (NAB) has opened the nomination window for the 2026 Marconi Radio Awards, with entries accepted through May 31. Winners will be announced during a special dinner program sponsored by Xperi on October 20 at the Edison Ballroom. The event More

Zimmer Urges FCC to Drop Radio Ownership Caps
Zimmer Media
Zimmer Media
Zimmer Radio of Mid-Missouri is calling on the Federal Communications Commission (FCC) to eliminate longstanding local radio ownership limits, arguing the rules are outdated and hinder broadcasters' ability to compete in today's media landscape. In a letter filed April 27 in MB Docket No. 22-459, company More
Advertisement

Whitten Named Program Director of Indie 102.3
Jessi Whitten
Jessi Whitten
Colorado Public Radio (CPR) has appointed Jessi Whitten as Program Director of Indie 102.3, its independent music service, effective June 8. Whitten brings more than a decade of experience in radio programming, artist development and community engagement. She previously served as Music Director for CPR's More

World Cup Presents Major Opportunity for Radio
Nielsen
Nielsen
A new report from Nielsen highlights the 2026 FIFA World Cup as a significant opportunity for radio and audio platforms, as U.S. soccer fans increasingly turn to those channels for sports content and engagement. According to the report, soccer interest in the U.S. continues to More

Mercedes Rich Upped to APD at Life 107.1 Des Moines
Mercedes Rich
Mercedes Rich
KNWI (Life 107.1) in Des Moines has promoted Mercedes Rich to Assistant Program Director, effective April 27. She will continue to host afternoons on the station. Rich joined the station in March 2025 as Creative Services Director and has since taken on a larger role within the organization. In her new 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