This time around, it's Audacy doin' the Chap 11 dance in a pre-packaged deal with major creditors. Audacy Agrees To Restructuring With Debt Holders; Files For Chapter 11 Bankruptcy Protection - RadioInsight. So will David Field remain in the driver's seat? He was the driving force behind the synergies that a combined CBS & Entercom would yield. About the only yield was a mountain of unserviceable debt and missed revenue projections. Doubtful this will have any effect on Audacy's Valley cluster, but going forward here's some advice for upper management: don't buy a house.
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And Another One Bites The Dust
- Thread starter DrAkbar
- Start date