The Projected Outcome of Audacy Bankruptcy Talks

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  • We called this over a year ago in living color – along with the Cumulus and iHeart bankruptcies before that – now batting 1.000, here’s our projected outcome of the Audacy reorganization.
  • Are lenders holding almost $2 billion in debt in the mood to cut a deal?
  • Is it true that Audacy and David Field can somehow survive a pre-pack bankruptcy?
  • The signs that this is going to get ugly.
  • The projected outcome – who gets screwed, who gets lucky.

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