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Audacy to go private

Philadelphia Inquirer on MSN · 4h

Audacy to go private after emerging from bankruptcy and completing financial restructuring

Philadelphia-based radio broadcaster Audacy has emerged from bankruptcy shedding about $1.6 billion worth of debt, and now plans to go private, following an FCC approval for its restructuring. “We are pleased to have successfully achieved all of our ...

Hosted on MSN · 1d

Audacy completes its financial restructuring and now plans to go private

Audacy on Monday shared that it completed its financial restructuring, successfully reducing its approximately $1.9 billion of funded debt by 80%, to $350 million.

Axios on MSN · 1d

Audacy to emerge from bankruptcy as a private company

Radio and podcast giant Audacy has emerged from Chapter 11 bankruptcy protection following the approval of a transfer of its radio station licenses from the Federal Communications Commission (FCC). Why it matters: The firm,

news4sanantonio · 20m

FCC approves controversial radio station deal involving Soros-backed group

The Federal Communications Commission has approved a controversial deal: it gives control of more than 200 radio stations to a group funded by Democratic mega-d

The Business Journals · 1d

Soros-led takeover of Audacy gets FCC approval despite opposition

Audacy can emerge from bankruptcy — and expects to do so within days — after gaining FCC approval Monday. The Federal Communications Commission on Monday approved the transfer of Audacy's business licenses to a group of creditors that includes a firm led by billionaire George Soros.

New York Sun · 1d

FCC Approves Expedited Sale of More Than 200 Radio Stations to George Soros’s Investment Firm

By all appearances, the FCC majority isn’t just expediting, but is bypassing an established process to do a favor for George Soros,' one congressman says.

FCC Approves Plan That Allows Audacy to Exit Bankruptcy

The FCC has approved the plan of Audacy, the second-largest radio company in the United States by revenue, to exit Chapter 11 ...

1d

WEEI’s bankrupt owner Audacy gets FCC approval to transfer licenses to George Soros-backed nonprofit

WEEI’s bankrupt owner Audacy gets FCC approval to transfer licenses to George Soros-backed nonprofit: ‘The Commission’s ...

21h

George Soros’ ‘unprecedented’ purchase of Audacy radio stations before election investigated by lawmakers: ‘New shortcut’

The major radio company Audacy Inc. fell into financial straits, but through a complex business deal Democratic mega donor ...

Audacy Makes It All the Way Back

Audacy's successful reorganization may mark a new beginning, but the media company continues to face a challenging economic ...

FCC Partisan Rift Grows Deeper Over Audacy Restructuring Vote

The FCC has approved a reorganized Audacy on a 3-2 vote, enabling the company to emerge from Chapter 11 bankruptcy.

1d

FCC approves radio license transfers to allow Audacy to exit bankruptcy

The Federal Communications Commission said Monday it had voted to approve the transfer of radio station licenses to allow ...

1don MSN

Audacy will head to bankruptcy court after months of delays fueled by GOP allegations over Soros’ stake in radio giant

Audacy will head to bankruptcy court after the FCC agreed to conduct a foreign-ownership review with a new, post-bankruptcy ...

1d

Soros-backed group gets OK to acquire licenses for Audacy stations, including in Detroit

Audacy will continue to focus on sports radio and podcasts, buoyed by assets acquired in a merger with CBS Radio in 2017.

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