Action Newsroom 1149 Posted January 7 Share Posted January 7 (edited) https://deadline.com/2024/01/radio-giant-audacy-files-chapter-11-bankruptcy-1235697311/ Edited January 7 by Action Newsroom Quote Link to comment Share on other sites More sharing options...
Yankees4life 529 Posted January 13 Share Posted January 13 At this point, investing in a Radio station is a new way to burn your money to a furnace 1 Quote Link to comment Share on other sites More sharing options...
Action Newsroom 1149 Posted February 15 Author Share Posted February 15 Audacy is emerging from Chapter 11 bankruptcy with help from its new (and biggest) investor. Quote Link to comment Share on other sites More sharing options...
mrschimpf 2051 Posted February 15 Share Posted February 15 10 minutes ago, Action Newsroom said: Audacy is emerging from Chapter 11 bankruptcy with help from its new (and biggest) investor. And certain folks on Twitter are totally reacting with full understanding and sense to who that investor is . Â Of course, they aren't, really (the top result is Sputnik's imported gloom and doom). I'm sorry to tell most of them, but George Soros investing into Audacy doesn't immediately mean every one of their stations will become Air America, everything will become better or that he'll be able to get better songs on a radio station. Outside the all-news stations which everyone doesn't want to change, Audacy stations have been declining into automated and hubbed irrelevancy since the CBS merger, and it feels like he's throwing money into an open wound. I don't expect we've seen the last of Audacy in its doom spiral. 3 Quote Link to comment Share on other sites More sharing options...
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