Second-largest U.S. radio company Audacy files for bankruptcy protection

Second-largest U.S. radio company Audacy files for bankruptcy protection

The New York Stock Exchange welcomes executives and guests of Audacy (NYSE: AUD), today, Friday, April 9,2021, in celebration of its recent company rebrand. NYSE Audacy, the radio and podcast giant, said Sunday it filed plans for Chapter 11 bankruptcy protection in Texas to reduce its debt. The restructuring agreement will allow Audacy to slash … Read more

Largest U.S. radio company Audacy files for bankruptcy protection

Second-largest U.S. radio company Audacy files for bankruptcy protection

The New York Stock Exchange welcomes executives and guests of Audacy (NYSE: AUD), today, Friday, April 9,2021, in celebration of its recent company rebrand. NYSE Audacy, the radio and podcast giant, said Sunday it filed plans for Chapter 11 bankruptcy protection to reduce its debt. The restructuring agreement will allow Audacy to slash its total … Read more

Radio reporter fired over comedy act reinstated after an arbitrator finds his jokes ‘funny’

Radio reporter fired over comedy act reinstated after an arbitrator finds his jokes ‘funny’

A reporter who was fired for his standup comedy has been reinstated to his job at a Philadelphia-based public radio station through an arbitrator, who agreed that his jokes were, in some part, funny. Jad Sleiman, 34, is to be fully reinstated to his position with WHYY, a Philadelphia-based NPR station, after an arbitrator determined … Read more

Radio shows surprising resilience in changing media world

Radio shows surprising resilience in changing media world

Airline passengers between flights patronize the iHeartRadio facility at Denver International Airport in Denver on Jan. 19, 2014. Robert Alexander | Archive Photos | Getty Images It’s a familiar refrain: “Legacy media is dead” — unless you’re talking about radio. Despite being one of the oldest media formats, dating back to the 1890s, radio has … Read more