Soros Fund Management is set to become the biggest shareholder of Audacy (formerly Entercom), the radio station owner and podcast company that filed for bankruptcy in January. Audacy was pushed into ...

Audacy to complete court approval by late February Restructuring would cut debt from $1.9 billion to $350 million Company's lenders will take all Audacy equity in the deal Jan 8 (Reuters) - Lawyers ...

The voluntary Chapter 11 filing, which was largely expected, is designed to resolve Audacy’s $1.9 billion in debt. To do it, Audacy shareholders that don’t cash out now stand to lose out on their ...

Troubled radio and audio-streaming giant Audacy (OTCPK:AUDA), buckling under plunging advertising sales, has filed for Chapter 11 bankruptcy protection in Texas, which involves a restructuring plan ...

The United States Bankruptcy Court for the Southern District of Texas on Tuesday approved Audacy Inc.’s Plan of Reorganization. With the plan approved, Audacy expects to emerge from the Chapter 11 ...

Radio network Audacy on Monday shared that it completed its financial restructuring, successfully reducing its approximately $1.9 billion of funded debt by 80%, to $350 million. The Philadelphia-based ...

Following Audacy’s announcement that it has filed for bankruptcy as part of its financial restructuring, CEO David Field sent an internal memo to all company staff outlining what he calls, “A positive ...

American radio and podcasting giant Audacy announced Sunday that it has filed for Chapter 11 bankruptcy protection Image courtesy of Audacy Jan. 7 (UPI) --Following years of declining ad spending, ...

For the last while, there have been plenty of discussions about the financials of Audacy, the radio and podcast company formerly known as Entercom that owns everything from 227 radio stations ...

Jan 8 (Reuters) - Lawyers for Audacy AUDA.PK said on Monday the radio broadcaster is seeking to complete its bankruptcy court case in under two months and that it had already lined up lender support ...

Audacy, the struggling multi-platform audio content company, has begun prepackaged Chapter 11 bankruptcy proceedings in US Bankruptcy Court for the Southern District of Texas, the company announced ...