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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.

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iHM Launches Holiday Music, Special Returns Nov. 26
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The Library of American Broadcasting Foundation (LABF) honored a distinguished group of industry pioneers during the 2025 Giants of Broadcasting & Electronic Arts luncheon and awards ceremony, held Friday, November 14 at Gotham Hall in New York City. The annual celebration, which ran from 11:30 a.m. to More

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