Wednesday, September 14, 2022

How Audacy Lost $1 Billion in 3 Years

  • The mistakes killing Audacy’s chances of survival 
  • 3,500 employees are left – what’s the new number
  • The expected but painful remedies
  • A heads up for over 1,000 part-time employees

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Previously: An Unexpected Development at Saga … What Would Make Young Demos Put Up with Commercials… A Hail Mary for Audacy … The Truth About Radio Performance Royalties … A Warning About All Those Audacy Bankruptcy Denials … Saga Wants to Acquire …  Audacy Weighs More Layoffs …  Saga Cashing Out … Why Millennials Reject Radio… Audacy’s Lenders to Become the New Owners …

You may also like: Unexpected Drama at Saga … Audacy’s Pre-Layoff Raises Revealed … Saga After Ed Christian… Audacy Rethinks its 5% Layoff Promise …iHeart’s Plan to Take 100% Local Buys … Larkin’s Audacy Cuts … The Cox Radio Sales Finalists …  The Big Revenue Source Cumulus is Hiding …  Audacy Faces Bankruptcy Next Year …  Details of Apollo Cox Selloff Revealed

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

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