Once the “safe bet” because of low debt, Saga isn't "on life support" yet, but it is arguably a "liquidating trust" in disguise -- if you can’t make money with zero debt, your problem isn't the bank.
What everyone is missing …
- about their tower deal
- their fledgling digital operation
- what shareholders don’t know about the dividends they are paying every quarter
- their sudden cash crunch
Read the full article now
Recent Posts
- Bye Bye Market Managers
- iHeart’s Likely Buyer
- Townsquare’s Mounting Problems
- Deregulation in Trouble
- The Real SiriusXM/Audacy Distribution Deal
- Outbreak of License Forfeitures
- The Stations in Danger When De-Reg Resumes
- Why Beasley is Outperforming iHeart
- What Comes After Ratings, Downloads and Impressions?
- Cumulus’s FCC DEI Dilemma