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BEASLEY MEDIA INITIATES 7% STAFF LAYOFFS

Discussion pertaining to Detroit, Ann Arbor, Port Huron and SW Ontario
Deleted User 16378

Re: BEASLEY MEDIA INITIATES 7% STAFF LAYOFFS

Unread post by Deleted User 16378 »

MWmetalhead wrote: Thu May 09, 2024 10:21 am Unlikely, except for perhaps one or more of the translators.

Beasley, if it needs to raise cash prior to entering chapter 11, is more likely to look to divest stations in New Jersey, its crappy standalone AM in Atlanta, or stations in the puny Augusta, GA and Fayetteville, NC markets.
Do you think Beasley would at least bring a working format to 105.9? Like Classic Soul?
A1B1C1D1
Posts: 88
Joined: Tue Jan 04, 2005 7:21 pm

Re: BEASLEY MEDIA INITIATES 7% STAFF LAYOFFS

Unread post by A1B1C1D1 »

I am no bankruptcy expert but the bondholders seem fine getting dimes on the dollar so a hedge fund will control it out of bankruptcy. My guess would be they think it is cheaper then having a law firm sell it piecemeal.
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TC Talks
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Re: BEASLEY MEDIA INITIATES 7% STAFF LAYOFFS

Unread post by TC Talks »

I know he's talking about valuation, but I love Buffet's discussion of EBITDA...

https://youtu.be/Y8816-r28SM?si=wGsb-PLnpbSw_l8N
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TC Talks
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Re: BEASLEY MEDIA INITIATES 7% STAFF LAYOFFS

Unread post by TC Talks »

How can you tell Beasley has clean methods?
283,000,000 Americans didn't vote for Trump.

"When the going gets weird, the weird go Pro."
-Hunter S. Thompson

Posting Content © 2024 TC Talks Holdings LP.
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