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

Ed Lover, Miss Jones Exit Audacy's 94.7 The Block
Ed Lover and Miss Jones
Ed Lover and Miss Jones
Syndicated evening host Ed Lover (far left) departs Audacy's WXBK (94.7 The Block) New York, along with morning host Tarsha "Miss" Jones. Lover joined Audacy in April, 2018 for mornings at WBMX (104.3 Jams) Chicago and added duties at WXBK in March, 2022. More

Superadio: Ebro Brand to Continue Beyond Current Show
Ebro in the Morning
Ebro in the Morning
MediaCo's "Ebro in the Morning" featuring Ebro Darden, Peter Rosenberg, and Laura Styl has exited Hip Hop WQHT (Hot 97) New York. Syndication partner Superadio has confirmed that while distribution of Ebro in the Morning in its current form is ending, it emphasized its continued commitment to Ebro Darden and More

WAQI (Radio Mambi) to End Live Talk Programming
WAQI (Radio Mambi 710) in Miami
WAQI (Radio Mambi 710) in Miami
Latino Media Network will end live Spanish-language conservative talk programming on WAQI (Radio Mambi 710) in Miami at 11:59pm Friday, closing a four-decade chapter for one of South Florida's most influential Spanish-language radio stations. In a statement, Radio Mambi More
Advertisement

Nueva Network, AdGrid Launch Hispanic Audience Accelerator
Nueva Network
Nueva Network
Nueva Network and ad-tech firm AdGrid have launched the Nueva Network Audience Accelerator, a new advertising offering designed to help brands reach U.S. Hispanic audiences across digital audio, video, and connected TV. The companies say the product provides advertisers with a single, scalable way to target More

Hartline Flips Fiesta 99-1 Cleveland TN to Oldies 99-1
W256DQ (Oldies 99-1) Cleveland TN
W256DQ (Oldies 99-1) Cleveland TN
Hartline LLC flips Latin Hits W256DQ (Fiesta 99-1) in Cleveland, TN to "Oldies 99-1" with the slogan "Good Times and Great Oldies." Program Director Mike Lee, who built the format, said, "The median age in Cleveland, TN is 55 and we have no Oldies formats. We saw a demographic that has money to More

Natalie "Nat" Jones Departs WKRQ Cincinnati
Natalie Nat Jones
Natalie Nat Jones
Natalie "Nat" Jones is exiting Hubbard Radio Hot AC WKRQ (Q102) Cincinnati, departing the station's Roy, Nat & Freddy Mac afternoon show following Friday's broadcast. A Cincinnati native, Jones joined WKRQ in 2017, initially teaming with Jon Curl in afternoons until his exit in 2020. Mac joined the show 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