What do you mean by, "Oh how the mighty have fallen?" Cox is still among the very top radio groups and makes a lot of money. Finding a buyer is another story.
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I know this is the radio board, but - Cox TV sold
- Thread starter AMRocks
- Start date
What do you mean by, "Oh how the mighty have fallen?" Cox is still among the very top radio groups and makes a lot of money. Finding a buyer is another story.
Assuming all the cash from the K-Love transaction goes to debt service, it will lower long-term debt by about 8%.
But the bottom line is that 2018 was a profitable year for Cumulus Media. If that remains, there is no second bankruptcy in their future.
Look at the threads title. We're discussing Cox TV, not radio.
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You may be correct but the fact this tread is on the radio side not TV, a radio angle will appear sooner or later. May be the thread should be on the TV board. There are more folks that have TV knowledge over there.
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