Tag: Audacy Bankrupt

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Worldwide News Network Strikes First International Deal

"This is the first step in building an international network of partners who value trusted, high-quality radio journalism.”

Stephen A. Smith Reveals He Was Consulted About Ryan Clark Being a Part of ESPN Layoffs

"Was I asked what I thought what my feelings were? Yes, I was. Of course I said we have to keep them. But I don't get to make those decisions."

ESPN New York’s Chris Carlin on Bart Scott Departure From Network: “This Is a Very Rough Day”

"I love him. Just for so many people, this is a very tough day. This is an unfortunate reality across a lot of industries these days, especially ours."

FCC Approves Audacy Bankruptcy Restructuring; David Field and Existing Management Team Continue to Lead Company

As part of the restructuring, Audacy was given a temporary waiver to exceed the limit on foreign investment, which is currently set at 25%.

Audacy Reports Uptick in January Revenue

While Audacy has yet to release its fourth quarter and year-end earnings for 2023 due to the bankruptcy proceedings, it reported that revenue for the company was "in line with expectations" during the calendar year.

Howie Carr: Audacy Bankruptcy Answered My Prayers

"I've been sounding the alarm on their incompetence for years."

David Field: Audacy Bankruptcy ‘Dawn of a New Era’

"I fully recognize that this has been a difficult period as we have coped with a long stretch of challenges and uncertainty."

Audacy Files For Chapter 11 Bankruptcy After Agreement With Debtholders

After reaching an agreement with its creditors, Audacy has officially filed for Chapter 11 bankruptcy.

Audacy Preparing for Bankruptcy, According to New Report

The report claims the company has agreed to a "prepackaged bankruptcy plan" with its lenders, which will help finance the bankruptcy proceedings.

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Stephen A. Smith Reveals He Was Consulted About Ryan Clark Being a Part of ESPN Layoffs

"Was I asked what I thought what my feelings were? Yes, I was. Of course I said we have to keep them. But I don't get to make those decisions."

ESPN New York’s Chris Carlin on Bart Scott Departure From Network: “This Is a Very Rough Day”

"I love him. Just for so many people, this is a very tough day. This is an unfortunate reality across a lot of industries these days, especially ours."

Mark Schlereth: ESPN Didn’t Feel Ryan Clark Could “Hold That In” When Pulled From NFL Live

"I don't think they felt comfortable that Ryan Clark would be able to hold that in. So, they let him go for the day and then pulled him off air before he had a chance."