"By the end of the new three year deal that we that we just agreed to, we will have been on the air more than a decade on this station. It doesn't happen."
"We're thrilled to partner with them as they relaunch this incredible property and help them continue delivering for the fans who have been with them from the beginning."
After Audacy filed for its prepackaged bankruptcy in a Houston court, the company filed a motion for an automatic stay of MacKenzie's hearing. The court halted all proceedings on the case.
According to a business plan, Audacy is looking toward a subscription streaming service that it hopes could deliver $20 million in annual revenue in the next three years.
Since Jack Benny and Bob Hope moved to television and Milton Berle and Sid Caesar were on top of the Nielsen TV ratings, radio has had to accept a “more humble slot in the media landscape”.
Marks said he "almost immediately heard from Audacy that they were very unhappy, at the corporate level, regarding that line and the interview that I did."
"By the end of the new three year deal that we that we just agreed to, we will have been on the air more than a decade on this station. It doesn't happen."
"We're thrilled to partner with them as they relaunch this incredible property and help them continue delivering for the fans who have been with them from the beginning."