Market Expects Audacy Bankruptcy This Year

  • It’s not their $1 stock price, it is something more worrisome to financial interests
  • The thing that will likely be the last straw to push them into bankruptcy
  • What happens if Audacy goes under (we’re seeing signs even now)
  • The fate of programmers, sellers and their much-despised compensation package

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Previously: Cumulus to Layoff Station Personnel Westwood One to Shutter Another DivisionThe Danger of Electric Cars to RadioAudacy & iHeart Playing Dirty with Ad RatesTownsquare’s Major ExpansionCumulus Just Screwed ItselfAverage Song Length Nose DivesRecession Plans at the Big 3 Radio Groups