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General Category => General Radio Discussion => Topic started by: Ct Yankee on February 18, 2023, 1807 UTC

Title: Audacy moving stations/towers sites to LLC holding for sale/divesting
Post by: Ct Yankee on February 18, 2023, 1807 UTC

Not a surprise with financial woes Audacy has been experiencing.  Some 50,000 watt AM tower sites included.

https://radioinsight.com/headlines/248820/what-is-audacys-atlas-and-are-divestitures-coming/

Title: Re: Audacy moving stations/towers sites to LLC holding for sale/divesting
Post by: Molvania Poacher on February 20, 2023, 0242 UTC

Yikes, they're essentially a penny stock now. Even the Molvanian Directorate of Broadcasting and Animal Husbandry is in better financial shape!

https://www.insideradio.com/free/the-clock-is-ticking-on-audacy-to-avert-stock-delisting/article_41fec75e-9c9a-11ed-a6b0-57ddd26f9c2d.html (https://www.insideradio.com/free/the-clock-is-ticking-on-audacy-to-avert-stock-delisting/article_41fec75e-9c9a-11ed-a6b0-57ddd26f9c2d.html)