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

Cumulus Names Bill Smith VP/Market Mgr in Oxnard
Bill Smith
Bill Smith
Cumulus Media has appointed William E. "Bill" Smith as Vice President and Market Manager for its Oxnard-Ventura, CA, operations. Smith joins Cumulus from American General Media, where he served as General Manager of its Bakersfield stations. His previous experience includes roles as Local Sales Manager for More

Gator Harrison Named K-LOVE Chief Media Officer
Gator Harrison
Gator Harrison
K-LOVE has named Gator Harrison as Chief Media Officer, overseeing the K-LOVE and Air1 radio networks, as well as live events and partnerships. Harrison joins the organization after a nearly 40-year career in radio, most recently serving as Senior Vice President of Programming at iHeartMedia. His background More

S&P: Podcast Listening Jumps as Video Drives Growth
S&P Global Market Intelligence
S&P Global Market Intelligence
Podcast consumption in the U.S. continues to expand, with nearly 60% of online adults now reporting they listen to podcasts, according to a new analysis from S&P Global Market Intelligence. The report shows a 10-percentage-point increase in early 2026, driven in part by the growing influence of video podcast More
Advertisement

Bleav Adds Alvarez, Waller to Ad Leadership
Maryann Alvarez and Gretchen Waller
Maryann Alvarez and Gretchen Waller
Bleav has expanded its advertising leadership team with the hiring of Maryann Alvarez (far left) and Gretchen Waller as Directors of Partnerships. Alvarez and Waller will be responsible for developing partnerships with brands and agencies, while driving sponsorship, advertising More

Bazi Kanani Named Host of CPR's Morning Edition
Bazi Kanani
Bazi Kanani
Colorado Public Radio (CPR) has named Bazi Kanani as the new local host of its weekday broadcast of Morning Edition. Kanani, who joined CPR in 2024 as a host and reporter, will begin her new role April 27, airing weekdays from 4-9am. Kanani said the program has long been part of her daily routine, adding More

Ruth Presslaff Named MIW 2026 Trailblazer
Ruth Presslaff
Ruth Presslaff
Mentoring and Inspiring Women in Radio has named Ruth Presslaff as the recipient of its 2026 Frances Preston Trailblazer Award, recognizing her leadership and long-standing contributions to advancing women in radio. The honor, MIW's highest accolade, was presented during the NAB Show 2026 on April 20. 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