Beasley, iHeart and Urban One are working behind the scenes to hide their financial trouble but auditors are forced annually by federal law to warn shareholders if they can continue as a “going concern” – now is that time.
3 of radio’s most troubled companies seen without lipstick.
Why the “astonishing” part will make anyone working for or working with them think twice.
iHeart’s Bob Pittman is secretly working on a “non-merger” that everyone is calling a merger but it is so much more than that and likely the end of iHeartMedia as we know it today if it happens.
And he’s betting his own money on it.
Why competitors and iHeart’s massive workforce will want to know the deal that is actually being considered.