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Radio giant Audacy files for bankruptcy as advertising plummets

Por: Fox Business Business January 08, 2024

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Needham & Company senior media and internet analyst Laura Martin discusses Netflix's wild trading range ahead of earnings on 'Making Money.' Radio giant Audacy has filed for amid a slump in advertising revenue.  The , which oversees major podcast and radio operations and has acquired CBS Radio, said it has filed a Chapter 11 petition in the U.S. Bankruptcy Court for the Southern District of Texas after a restructuring agreement... + full article



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