3 ms·
Audacy, 2nd largest radio operator, files for bankruptcy protection
- toomuchtodo 3y agoOverlevered in an industry in structural decline. > Ad revenue has been falling, and Audacy expanded way too much, taking on nearly $2 billion in debt that it couldn't service.
- Spivak 3y agoIf the airwaves as broadcast media ever truly die out is there anything else cool you could do with existing radios or the fm spectrum?