By now everyone knows that iHeart is in big trouble – mostly from financial missteps but not limited to that.
Now, stunning revelations on how tight things are getting previously withheld from public view.
- For example, what percentage of lenders has agreed to their debt exchange refinancing effort?
- Which lender stood up to Bob Pittman’s playing the bankruptcy card and the ballsy thing they did.
- The audacity of one lender to counter Pittman’s bankruptcy threat with this ploy.
- The real likelihood that iHeart defaults into bankruptcy according to Wall Street investors – not what iHeart is threatening.
- Why is iHeart spending like a drunken sailor when expenses are in record territory?
- Why layoffs are being conducted even as Pittman commits hundreds of millions elsewhere – here are some examples.
- How much cash does iHeart have on hand and is it an issue going forward.
- And most importantly – what we know to date on an upcoming iHeart scandal that can totally rock the company.
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