March 28, 2024

Audacy, Inc., Second-Largest U.S. Radio Broadcaster, Enters Chapter 11 Bankruptcy Protection

Well-known radio and podcast company Audacy, Inc. has officially entered into Chapter 11 bankruptcy protection. CNBC reports that earlier this week Audacy, Inc., the second-largest radio broadcaster in the United States, announced it made the move to restructure its finances. This step reportedly aims to reduce the company’s massive debt load, which currently stands at $1.9

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