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Re: BEASLEY MEDIA INITIATES 7% STAFF LAYOFFS
Posted: Thu May 09, 2024 10:26 am
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?
Re: BEASLEY MEDIA INITIATES 7% STAFF LAYOFFS
Posted: Thu May 09, 2024 5:49 pm
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.
Re: BEASLEY MEDIA INITIATES 7% STAFF LAYOFFS
Posted: Fri May 10, 2024 7:47 am
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
Re: BEASLEY MEDIA INITIATES 7% STAFF LAYOFFS
Posted: Fri May 10, 2024 7:58 am
by TC Talks
How can you tell Beasley has clean methods?