Bottom Feeder Buying Cumulus, Audacy Debt

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  • Just when you think Audacy and Cumulus have nothing left to sell, they’ve come up with this.
  • Why investors are willing to throw millions at radio groups that have emerged from bankruptcy or are ready to go into it.
  • Detailed: The riskiest new investment in radio since John Malone tried to take over iHeart.
  • What speculators see in radio that shareholders do not.

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Click to read: The Audacy Reorganization Talks …. Shockers Ahead from iHeart, Audacy … What’s for Sale at Audacy … Audacy to Renege on Pension Plans …Airplay and Attention Span … Bankruptcy Talks Accelerate After Audacy 2Q Earnings Disaster … What to Expect from 2nd Quarter Revenue … Record Labels Confirm the Decline of CHR … The Big Consolidators Plan for the Future … Chaos at Cumulus …

You may also like: The Race to Rebrand Radio … Listeners Paying Streaming Rate Hikes Rather Than Free Radio… Religion is Soaring, Salem is Not … The Core Needs of Listeners Have Changed … Satellite has a Radio Problem … The Golden Bachelor Warning… Audacy’s Screwed Up Bankruptcy … The Rise of Unions in Media… Spillover Effects of a Disney TV Sale … The Projected Outcome of the Audacy Bankruptcy Talks

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