Breaking Down Audacy’s 1-for-30 Reverse Stock Split

Read the full article now   

  • Reverse stock splits almost never work, so why did Audacy just do a 1-for-30 split?
  • Why would one of the cheapest radio CEOs spend $3.2 million on pay raises and bonuses at a time like this.
  • The coming potential screwing of Audacy shareholders.
  • The favorite for running Audacy post-bankruptcy.
  • Who is on the growing list of radio groups that are angling for a voluntary bankruptcy.

Forward to a friend here

Free samples of our work here.

Newstips

Click to read: AI’s Projected Impact on the Music Business …  Not That Format Hot Clock, This OneiHeart’s Misleading AI GoalsCash-Strapped Audacy Paying Millions to Retain ExecsRadio’s Streaming MistakesRadio rethinking DigitalListeners Demands to Return to Radio  Competing Against Failed Radio GroupsThe New Station Owners …. Cumulus All in On Exiting Radio

You may also like: Turmoil Over Who Controls the Car RadioAudacy’s Copycat BankruptcyHow Audacy is Sportswashing InvestorsChaos at the Big 3 Radio MonopoliesSaga’s Pat Paxton HireWhat Post-Bankruptcy Audacy Might Look Like ... Local Advertisers Dumping RadioAudacy Preps for Bankruptcy by Increasing SpendingFord Won the AM Radio BattleAudacy Bankruptcy Negotiations

Journalism is printing what someone else does not want printed.  Everything else is just public relations --  George Orwell