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Audacy, 2nd largest radio operator, files for bankruptcy protection (thestreet.com)
5 points by kungfudoi on Jan 8, 2024 | hide | past | favorite | 2 comments


Overlevered in an industry in structural decline.

> Ad revenue has been falling, and Audacy expanded way too much, taking on nearly $2 billion in debt that it couldn't service.


If the airwaves as broadcast media ever truly die out is there anything else cool you could do with existing radios or the fm spectrum?




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