• Get involved.
    We want your input!
    Apply for Membership and join the conversations about everything related to broadcasting.

    After we receive your registration, a moderator will review it. After your registration is approved, you will be permitted to post.
    If you use a disposable or false email address, your registration will be rejected.

    After your membership is approved, please take a minute to tell us a little bit about yourself.
    https://www.radiodiscussions.com/forums/introduce-yourself.1088/

    Thanks in advance and have fun!
    RadioDiscussions Administrators

RadioInsight: Bhargava announces stakes in Cumulus, Audacy, ShopHQ

PTBoardOp94

PTBoardOp94

Manoj Bhargava made his fortune in the company that produced 5 Hour Energy, and has added to his sundry collection of "old media" properties.

radioinsight.com

5-Hour Energy Founder Expands Media Holdings Including Audacy & Cumulus Stakes

Manoj Bhargava's Bridge Media Networks has announced a series of media acquisitions including stakes in Audacy and Cumulus Media. Bhargava,
radioinsight.com radioinsight.com

The debt holding in Audacy will give him a seat at the table during negotiations with creditors, as well as during any possible bankruptcy. The Cumulus stake would make Mr. Bhargava a top 3 shareholder in Cumulus. And who knows how ShopHQ fits into anything.
 
Status
This thread has been closed due to inactivity. You can create a new thread to discuss this topic.


Back
Top Bottom