Yeah, the list is growing. The stock price is worthless. David Field keeps revising his talking points about how vibrant the company is (AKA = Rearranging the deck chairs on the Titanic...)One of what is expected to be many nationwide. Allaccess is building a list.
The same can be said about many other large station groups nowadays due to the rough market conditions. It's unfortunate to see this happen nonetheless.Audacy never ceases to amaze me. They seem to have a pretty solid portfolio of stations (especially in Seattle), yet the business seems to flounder. Not to mention, quality of programming really took a dive when they started to streamline their operations.
As has been talked about prior; Entercom/Audacy has been mainly radio for a long time. Diversification in business is important. Streaming and starting up other divisions has lagged other originally-radio companies that include concert/festival promotion, streaming, etc. That way when one divisions struggles (not because of what kind of music they play) because of market conditions, other divisions can help stay afloat until seas calm.Audacy never ceases to amaze me. They seem to have a pretty solid portfolio of stations (especially in Seattle), yet the business seems to flounder. Not to mention, quality of programming really took a dive when they started to streamline their operations.