Radio Broadcaster Audacy Hits Ch. 11 With $2B Debt

By Ben Zigterman · January 7, 2024, 7:02 PM EST

Radio broadcaster Audacy Inc. hit Chapter 11 on Sunday to the tune of $2 billion in liabilities, citing a decline in advertising revenue and plans to slash 80% of its obligations...

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Case Information

Case Title

Audacy, Inc.

Case Number

4:24-bk-90004

Court

Texas Southern

Nature of Suit

Date Filed

January 07, 2024