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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Click to read: What’s for Sale at Audacy ... Audacy to Renege on Pension PlansAirplay and Attention SpanBankruptcy Talks Accelerate After Audacy 2Q Earnings DisasterWhat to Expect from 2nd Quarter RevenueRecord Labels Confirm the Decline of CHRThe Big Consolidators Plan for the FutureChaos at CumulusThe Race to Rebrand RadioListeners Paying Streaming Rate Hikes Rather Than Free Radio

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