INSIDE …
- The latest financials -- when Audacy will have to channel iHeart and Cumulus and enter bankruptcy.
- Remember that $75 million loan they did a few weeks back where they put up their future collections as collateral? Now we know why.
- EBITDA is down, revenue is down, their stock is down and that’s still not the thing that’s going to force them into bankruptcy.
- What stays and what goes between now and then.
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