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: Radio Remains Audio's Top Reach Medium
Katz Radio Group
Katz Radio Group
Radio continues to deliver unmatched reach and relevance even as the broader audio landscape expands, according to a new analysis from Katz Radio Group. Citing recent data from Edison Research and Nielsen, Katz said audio consumption is growing across platforms, devices and More

BIA Raises 2026 Ad Forecast, Radio Holds Steady
BIA Advisory Services
BIA Advisory Services
BIA Advisory Services has increased its 2026 U.S. local advertising forecast, projecting total spending to reach $184.5 billion, an 8.1% year-over-year gain, with radio maintaining a stable position in a rapidly evolving media mix. The revised outlook reflects stronger-than-expected growth in digital More

WTOP Promotes Woodfork to Senior Sports Analyst
Rob Woodfork
Rob Woodfork
Hubbard Radio's WTOP/Washington, DC has promoted Rob Woodfork to Senior Sports Analyst as part of a broader effort to expand and reshape its local sports coverage. The move aligns with the station's three-year strategy to move "beyond the scores," placing greater emphasis on in-depth analysis, commentary More
Advertisement

Seaboard Adds ''Interactive Party'' to Syndication
Seaboard Networks
Seaboard Networks
Seaboard Networks continues to expand its programming lineup with the addition of CHR/Hot AC show "The Interactive Party with Scott Evans." The program, which currently airs on a mix of FM and online stations nationwide, is now being offered through Seaboard to terrestrial, LPFM, non-profit and Internet More

Sammi Tempesta Joins Neon 93.1 as PM Host, APD
Sammi Tempesta
Sammi Tempesta
Rock KYMT (Neon 93.1) in Las Vegas has named Sammi Tempesta as afternoon host and Assistant Program Director, effective immediately. In her new role, Tempesta will host weekdays from 3-7pm and report to MoJoe Roberts, Senior Vice President for iHeartMedia Las Vegas. Roberts said Tempesta brings "energy, More

TelevisaUnivision Launches Tender Offer for Notes
TelevisaUnivision
TelevisaUnivision
TelevisaUnivision has announced that its subsidiary, Univision Communications Inc., has commenced a cash tender offer to purchase a portion of its outstanding 8.000% senior secured notes due 2028. The company said the offer will cover up to a maximum principal amount based on the net proceeds it expects 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