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Audacy officially files for Chapter 11 reorganization

Discussion pertaining to Detroit, Ann Arbor, Port Huron and SW Ontario
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TC Talks
Posts: 12066
Joined: Wed Oct 26, 2005 2:41 am

Re: Audacy officially files for Chapter 11 reorganization

Unread post by TC Talks »

Who eats 1.9 Billion without dissolving the assets?

Better yet, what lending institution thought funding Radio was a good idea in the first place?
For Kristian Trumpers are not serving our Lord Christ, but their own appetites. By smooth talk and flattery they deceive the minds of naive people.
-Romans 16:18

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TC Talks
Posts: 12066
Joined: Wed Oct 26, 2005 2:41 am

Re: Audacy officially files for Chapter 11 reorganization

Unread post by TC Talks »

Anyone who has paid marginal attention to operations would have seen the pending revenue issues. Those rev opportunities are now gone (to the socials) and won't come back with a "turn around".
For Kristian Trumpers are not serving our Lord Christ, but their own appetites. By smooth talk and flattery they deceive the minds of naive people.
-Romans 16:18

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whitebalance
Posts: 227
Joined: Sun Jan 02, 2005 9:46 pm

Re: Audacy officially files for Chapter 11 reorganization

Unread post by whitebalance »

Just bad Trump like management. Buying stations you can't afford to run. Then avoiding your responsibilities by declaring bankruptcy.
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ProducerXM
Posts: 91
Joined: Tue Jan 19, 2021 2:52 pm

Re: Audacy officially files for Chapter 11 reorganization

Unread post by ProducerXM »

whitebalance wrote: ↑Sun Jan 07, 2024 6:17 pm Just bad Trump like management. Buying stations you can't afford to run. Then avoiding your responsibilities by declaring bankruptcy.
Oh seriously, fuck off. Why you dorks always gotta make it about Trump? Can we not have one topic where you neurotic losers don’t make this shit political?

David Field is a self declared Democrat and champions Democrat causes. He’s no Trump.
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TC Talks
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Joined: Wed Oct 26, 2005 2:41 am

Re: Audacy officially files for Chapter 11 reorganization

Unread post by TC Talks »

ProducerXM wrote: ↑Sun Jan 07, 2024 7:35 pm David Field is a self declared Democrat and champions Democrat causes. He’s no Trump.
He's not Trump. David Field hasn't been charged with overstating the station's values.

Usually, funding comes with spending objectives. These investors wanted Audacity to aquire...

MW, who was the principal debt holder?
For Kristian Trumpers are not serving our Lord Christ, but their own appetites. By smooth talk and flattery they deceive the minds of naive people.
-Romans 16:18

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Gertner
Posts: 146
Joined: Sun Jun 23, 2019 9:27 am

Re: Audacy officially files for Chapter 11 reorganization

Unread post by Gertner »

whitebalance wrote: ↑Sun Jan 07, 2024 6:17 pm Just bad Trump like management. Buying stations you can't afford to run. Then avoiding your responsibilities by declaring bankruptcy.
Haha it's so true
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TC Talks
Posts: 12066
Joined: Wed Oct 26, 2005 2:41 am

Re: Audacy officially files for Chapter 11 reorganization

Unread post by TC Talks »

The stations have to be cash flowing positively. The debt is 350 million coming out?
For Kristian Trumpers are not serving our Lord Christ, but their own appetites. By smooth talk and flattery they deceive the minds of naive people.
-Romans 16:18

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lidoshuffle
Posts: 583
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Re: Audacy officially files for Chapter 11 reorganization

Unread post by lidoshuffle »

whitebalance wrote: ↑Sun Jan 07, 2024 6:17 pm Just bad Trump like management. Buying stations you can't afford to run. Then avoiding your responsibilities by declaring bankruptcy.
He resides in your head 24/7/365, doesn't he?
DJT resonates deep in your soul, consumes your daily thoughts and actions, doesn't he?
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