Tuesday, October 3, 2023

Audacy on the Clock

Don’t buy the hype -- Audacy didn’t just skip an $18 million interest payment to facilitate restructuring their debt, there’s a better reason … 

What’s going on here?  You can’t believe Audacy but there is now clear evidence of what they are up to with this move.

You’ll read thoughts on …

  • Does skipping payments presage the end or the beginning?
  • If you want to know exactly when this either gets resolved once and for all or hits the bankruptcy courts, it’s now all as clear as can be.
  • Remember how I’ve stressed that Audacy hired the same bankruptcy advisors that Cumulus used before filing – based on that, here’s what will happen.
  • We will get into the exact date of a bankruptcy or pre-packaged deal and tell you which one it will be – and you can take that to the bank.

The answers start here 

Click to read: Potential Buyer Awaits Audacy Bankruptcy… New SiriusXM … What’s Stalling the Audacy Reorganization … Is Radio Ready for a Comeback? … Younger Demos Want These Radio Changes … Surge Pricing for Radio … Stupid On-Air AI Tricks … How Nielsen is Killing Audience Gains … iHeart Fast-tracking AI at Stations … Blocking TikTok’s Knockout Punch to Radio … The Stakes in Audacy Bankruptcy Talks …

You may also like: Class of ‘27’s Changing Views on Radio … iHeart is Coming After Your Spot Revenue … A Radio Station That Got Music Discovery Right … The Meaning of the “White Noise” Podcast Boom … Music Radio’s Secret Weapon Against Streamers … How Consolidators Plan to Change Ad Sales … The End of the Market Manager … Bottom Feeder Buying Cumulus, Audacy Debt …  The Audacy Reorganization Talks … Shockers Ahead from iHeart, Audacy

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