iHeart In Worse Shape Than Cumulus

INSIDE …

  • How bankruptcy could come to iHeart even BEFORE they default on loans – the scenario financial people fear the most.
  • What happens to employees before and after a bankruptcy filing.
  • How iHeart can stop burning through cash – over $300 million so far this year alone.
  • Why they don’t sell radio stations to raise much needed cash – qualified buyers are in the wings so why not.
  • How long can iHeart last before filing for Chapter 11 – Wall Street’s updated estimate.

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