Shockers Ahead from iHeart, Audacy

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  • Why Audacy is not cutting expenses faster given their financial problems.
  • How iHeart is taking market share from competitors even as their own revenue declines.
  • iHeart fuzzy math about a 4th quarter turnaround clarified.
  • Bob Pittman caught speaking candidly about his radio group’s future.
  • It’s what iHeart and Audacy are NOT saying that is concerning – two examples.

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