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Alaska BTC USA Holding's bankruptcy impact on Panhandle radio - KINY, etc

R

RF101

Key quote:

Despite the bankruptcy filing, “Frontier Media maintains that its Alaska radio operations remain financially sound, with steady advertising revenue, strong cash flow, and no limits on its licenses,” the station wrote. “The company continues to invest in infrastructure upgrades and local programming to serve communities in Juneau, Ketchikan, and Sitka."


mustreadalaska.com

KINY radio's parent company files for bankruptcy protection, station issues formal response

BTC USA Holdings, a media company led by Canadians, filed for Chapter 15 bankruptcy protection in the United States. Chapter 15 is a US designation that applies to cross-border companies. In February, BTC USA Holdings entered receivership proceedings in Canada, which has entirely different...
mustreadalaska.com mustreadalaska.com
 
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