• Steps Apollo has reportedly taken to shop the Cox radio group
• What exactly is on the block
• The “persons of interest” pursing a purchase
• The timeframe

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Previously:  How Employees Would Fix Audacy …  $5,000 Springsteen Tickets …  Plunging Morale is Costing Audacy …  What iHeart Will Do …  Audacy & iHeart Undercutting Ad rates by 75% …  Audacy’s Big Reveal …  A Paid FM App Replacing Car Radio …  Radio Ad Revenue to Drop 10%Next Year …  Warshaw Walks Away from Cumulus …  Audacy’s Long Goodbye …  

You may also like: Why Audacy Stock is Now Worth 77 Cents … iHeart Crashing …  A Change in Radio Rates and Contract Length …  Warshaw Inciting Cumulus Shareholder Revolt … Cumulus to Layoff Station Personnel … Westwood One to Shutter Another Division …  The Danger of Electric Cars to Radio …  Audacy & iHeart Playing Dirty with Ad Rates … Townsquare’s Major Expansion …  iHeart & Audacy Driving Down Ad Rates

• What David Field should do that would transform Audacy

• The unspoken problem with regional executives

• Correcting programming mismanagement

• Turning around the sales problems that are getting worse

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Previously:  $5,000 Springsteen Tickets …  Plunging Morale is Costing Audacy …  What iHeart Will Do …  Audacy & iHeart Undercutting Ad rates by 75% …  Audacy’s Big Reveal …  A Paid FM App Replacing Car Radio…  Radio Ad Revenue to Drop 10%Next Year …  Warshaw Walks Away from Cumulus …  Audacy’s Long Goodbye …  iHeart & Audacy Driving Down Ad Rates … 

You may also like: Why Audacy Stock is Now Worth 77 Cents … iHeart Crashing …  A Change in Radio Rates and Contract Length …  Warshaw Inciting Cumulus Shareholder Revolt … Cumulus to Layoff Station Personnel … Westwood One to Shutter Another Division …  The Danger of Electric Cars to Radio …  Audacy & iHeart Playing Dirty with Ad Rates … Townsquare’s Major Expansion … Cumulus Just Screwed Itself

• What employees fear so much that they are leaving in a recession 

• The fate of Entercom people retained over CBS employees 

• The reasons they are leaving 

• What Cumulus and iHeart are doing to see zero resignations

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Previously:  Your Radio  Car May Have to Be Recalled …  What iHeart Will Do …  Audacy & iHeart Undercutting Ad rates by 75% …  Audacy’s Big Reveal …  A Paid FM App Replacing Car Radio …  Radio Ad Revenue to Drop 10%Next Year …  Warshaw Walks Away from Cumulus …  Audacy’s Long Goodbye …  iHeart & Audacy Driving Down Ad Rates …  Why Audacy Stock is Now Worth 77 Cents …

You may also like:  iHeart Crashing …  A Change in Radio Rates and Contract Length…  Warshaw Inciting Cumulus Shareholder Revolt … Cumulus to Layoff Station Personnel…  Westwood One to Shutter Another Division …  The Danger of Electric Cars to Radio …  Audacy & iHeart Playing Dirty with Ad Rates… Townsquare’s Major Expansion … Cumulus Just Screwed Itself … Average Song Length Nose Dives

• The dire warning from Katz rep firm about Audacy’s predatory tactics (read it)

• How NASCAR got duped into out of target stations due to aggressive Audacy rate cutting 

• The way Audacy beats the asking price even before competitors get to bid

• Two big advertisers who are spending 25% of their previous budget to get the same number of ads -- or more. 

• What happened when Saga deliberately undercut Audacy to see how low they would go.

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Previously:  Audacy’s Big Reveal …  A Paid FM App Replacing Car Radio …  Radio Ad Revenue to Drop 10%Next Year …  Warshaw Walks Away from Cumulus …  Audacy’s Long Goodbye …  iHeart & Audacy Driving Down Ad Rates …  Why Audacy Stock is Now Worth 77 Cents … iHeart Crashing …  A Change in Radio Rates and Contract Length   

You may also like:  Warshaw Inciting Cumulus Shareholder Revolt … Cumulus to Layoff Station Personnel … Westwood One to Shutter Another Division …  The Danger of Electric Cars to Radio …  Audacy & iHeart Playing Dirty with Ad Rates … Townsquare’s Major Expansion … Cumulus Just Screwed Itself … Average Song Length Nose Dives

• The updated Audacy debt figures
• The talk about being short on operating funds  
• How to predict with certainty Audacy’s August 5^th revenue call
• Could Joel Hollander emerge as Audacy’s new CEO

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Previously:  A Paid FM App Replacing Car Radio …  Radio Ad Revenue to Drop 10%Next Year …  Warshaw Walks Away from Cumulus …  Audacy’s Long Goodbye …  iHeart & Audacy Driving Down Ad Rates …  Why Audacy Stock is Now Worth 77 Cents … iHeart Crashing …  A Change in Radio Rates and Contract Length …  Warshaw Inciting Cumulus Shareholder Revolt … 

You may also like:  … Cumulus to Layoff Station Personnel …  Westwood One to Shutter Another Division …  The Danger of Electric Cars to Radio …  Audacy & iHeart Playing Dirty with Ad Rates … Townsquare’s Major Expansion … Cumulus Just Screwed Itself … Average Song Length Nose Dives … Recession Plans at the Big 3 Radio Groups

• The biggest losers will be … 

• The way around a 10% ad shortfall 

• Is it better to slash prices or maintain rates?

• What the largest radio groups are preparing to do now

• Why August 5^th is a big day for Audacy

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Previously:  Warshaw Walks Away from Cumulus …  Audacy’s Long Goodbye …  iHeart & Audacy Driving Down Ad Rates …  Why Audacy Stock is Now Worth 77 Cents … iHeart Crashing …  A Change in Radio Rates and Contract Length …  Warshaw Inciting Cumulus Shareholder Revolt … Cumulus to Layoff Station Personnel …  Westwood One to Shutter Another Division … 

You may also like: The Danger of Electric Cars to Radio …  Audacy & iHeart Playing Dirty with Ad Rates … Townsquare’s Major Expansion … Cumulus Just Screwed Itself … Average Song Length Nose Dives … Recession Plans at the Big 3 Radio Groups

• How the board kept Warshaw’s consortium from buying the company 

• The name of the private equity firm that quietly put up the money 

• The true offer from Warshaw that board chairman Andy Hobson slow walked 

• The board feared angering Mary Berner – here’s why.

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Previously:  Audacy’s Long Goodbye …  iHeart & Audacy Driving Down Ad Rates …  Why Audacy Stock is Now Worth 77 Cents … iHeart Crashing …  A Change in Radio Rates and Contract Length …  Warshaw Inciting Cumulus Shareholder Revolt … Cumulus to Layoff Station Personnel …  Westwood One to Shutter Another Division … The Danger of Electric Cars to Radio …  

You may also like: Audacy & iHeart Playing Dirty with Ad Rates … Townsquare’s Major Expansion … Cumulus Just Screwed Itself … Average Song Length Nose Dives … Recession Plans at the Big 3 Radio Groups

• The next cuts investment banks are predicting 

• The danger of being delisted from the New York Stock Exchange 

• Watching for the dreaded reverse stock split 

• Can podcasting, sports betting and digital save Audacy? 

• The difficult conversations Audacy will be having with lending banks that are holding all the cards.

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Previously:  iHeart & Audacy Driving Down Ad Rates …  Why Audacy Stock is Now Worth 77 Cents … iHeart Crashing …  A Change in Radio Rates and Contract Length …  Warshaw Inciting Cumulus Shareholder Revolt … Cumulus to Layoff Station Personnel …  Westwood One to Shutter Another Division … The Danger of Electric Cars to Radio … Audacy & iHeart Playing Dirty with Ad Rates

You may also like: … Townsquare’s Major Expansion … Cumulus Just Screwed Itself … Average Song Length Nose Dives … Recession Plans at the Big 3 Radio Groups

• The reputed largest giveaway by a radio station ever (Audacy) 

• This week’s iHeart platform deal that eviscerated what a client pays for radio ads 

• How consolidators are putting the squeeze on independent local competitors

• How buyers are having their way with radio rates without the knowledge of the client

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Previously:  Why Audacy Stock is Now Worth 77 Cents … iHeart Crashing …  A Change in Radio Rates and Contract Length …  Warshaw Inciting Cumulus Shareholder Revolt … Cumulus to Layoff Station Personnel … The Danger of Electric Cars to Radio … Audacy & iHeart Playing Dirty with Ad Rates

You may also like:  Cumulus Just Screwed Itself … Average Song Length Nose Dives … Recession Plans at the Big 3 Radio Groups

Most Popular:  Westwood One to Shutter Another Division …Audacy Stock Downgraded to Zero … Cumulus to Layoff Station Personnel

• Audacy’s first startling admission of a coming bankruptcy – in writing 

• The serious issues not being admitted publicly 

• Shrinking the workforce and changes to top management 

• Upcoming triggers to watch for

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Previously: iHeart Crashing …  Audacy Stock Downgraded to Zero …  A Change in Radio Rates and Contract Length …  Warshaw Inciting Cumulus Shareholder Revolt … Cumulus to Layoff Station Personnel …  Westwood One to Shutter Another Division … The Danger of Electric Cars to Radio … Audacy & iHeart Playing Dirty with Ad Rates … Townsquare’s Major Expansion

You may also like:  Cumulus Just Screwed Itself … Average Song Length Nose Dives … Recession Plans at the Big 3 Radio Groups

Most Popular:  Westwood One to Shutter Another Division …Audacy Stock Downgraded to Zero … Cumulus to Layoff Station Personnel

• What big banks fear about iHeart

• Why they are slashing their best possible target stock price

• How it affects their competitors 

• One and done or the mother of all RIFs on the way

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Previously:  Audacy Stock Downgraded to Zero …  A Change in Radio Rates and Contract Length …  Warshaw Inciting Cumulus Shareholder Revolt … Cumulus to Layoff Station Personnel …  Westwood One to Shutter Another Division … The Danger of Electric Cars to Radio … Audacy & iHeart Playing Dirty with Ad Rates … Townsquare’s Major Expansion … Cumulus Just Screwed Itself …

You may also like:  Average Song Length Nose Dives … Recession Plans at the Big 3 Radio Groups

• What a $0 stock target means for Audacy’s ability to stay afloat
• How it specifically affects the bankruptcy timeline
• Rethinking cost cutting and layoffs
• CBS Survivor:  Can the Fields maintain control?

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Previously:  A Change in Radio Rates and Contract Length …  Warshaw Inciting Cumulus Shareholder Revolt … Cumulus to Layoff Station Personnel …  Westwood One to Shutter Another Division … The Danger of Electric Cars to Radio … Audacy & iHeart Playing Dirty with Ad Rates … Townsquare’s Major Expansion … Cumulus Just Screwed Itself … Average Song Length Nose Dives …

You may also like: Recession Plans at the Big 3 Radio Groups

• His next move after getting a second “no” yesterday
• Why Cumulus won’t even consider Warshaw’s money even as their stock tanks
• What it would take to get to yes
• Warshaw’s RIF plan if he eventually gets Cumulus

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Previously: Market Expects Audacy Bankruptcy This Year … Cumulus to Layoff Station Personnel …  Westwood One to Shutter Another Division … The Danger of Electric Cars to Radio … Audacy & iHeart Playing Dirty with Ad Rates … Townsquare’s Major Expansion … Cumulus Just Screwed Itself … Average Song Length Nose Dives … Recession Plans at the Big 3 Radio Groups

• It’s not their $1 stock price, it is something more worrisome to financial interests

• The thing that will likely be the last straw to push them into bankruptcy

• What happens if Audacy goes under (we’re seeing signs even now)

• The fate of programmers, sellers and their much-despised compensation package

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Previously: Cumulus to Layoff Station Personnel …  Westwood One to Shutter Another Division … The Danger of Electric Cars to Radio … Audacy & iHeart Playing Dirty with Ad Rates … Townsquare’s Major Expansion … Cumulus Just Screwed Itself … Average Song Length Nose Dives … Recession Plans at the Big 3 Radio Groups

• The cutbacks that are planned for already thin Cumulus stations

• Who will be targeted

• Why last week’s Westwood One layoffs are not over

• How for the first time this changes things for Cumulus market managers

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Previously: Westwood One to Shutter Another Division … The Danger of Electric Cars to Radio … Audacy & iHeart Playing Dirty with Ad Rates … Townsquare’s Major Expansion … Cumulus Just Screwed Itself … Average Song Length Nose Dives … Recession Plans at the Big 3 Radio Groups