David Field To Audacy Staff: Bankruptcy Is ‘Dawn of a New Era’
Following Audacy's announcement that it has filed for bankruptcy as part of its financial restructuring, CEO David Field sent an internal memo to all company staff outlining what he calls, "A positive step forward for Audacy and our stakeholders, including our employees."
A Timeline Of Audacy’s Road To Bankruptcy
Audacy CEO David Field cited the past four years of economic turbulence caused by the pandemic as the primary cause for the company to file for Chapter 11 bankruptcy on Sunday, but key dates since 2022 have reflected the company's financial battle.
LAST CALL: Meet Radio’s Top Digital Managers
It’s a new year with new opportunities for you and your team. Make the most of them! Radio Ink’s January 2024 issue celebrates industry excellence and provides ideas, inspiration, training, and tips for making this your station’s best year!
Creating An Extraordinary Customer Experience
(By Pat Bryson) In our last article, we spoke about creating good customer service for our listeners and our advertisers. Today I want to continue with the next level in our relationships with our clients: an extraordinary customer experience.
5 Ways To Increase Sales Opportunities Today
(By Loyd Ford) If you work as a sales manager or market manager, how do you create consistently rich recruitment opportunities for your sales team and how do you encourage sellers to create consistent actions that can result in higher revenue?
After Brutal 2023, Audacy Files For Bankruptcy
As expected, Audacy has filed for bankruptcy after a significant restructuring agreement with its debtholders. The company filed for Chapter 11 bankruptcy protection with the U.S. Bankruptcy Court for the Southern District of Texas on Sunday morning.
Jon Bon Jovi’s Soul Kitchen Gets Boost From New Jersey’s Boss
Press Communications' 107.1 The Boss (WWZY) concluded 2023 with its 6th Annual Mistletoe Rock Radiothon, raising $72,231 for JBJ Soul Kitchen. All funds benefit the non-profit community restaurant operated by the Jon Bon Jovi Soul Foundation.
CBS News Radio and Audacy To Extend Relationship
CBS News Radio and Audacy have reached a new, multi-year affiliation agreement for 27 stations. Key stations in the deal include New York's WCBS, Los Angeles' KNX-AM, and San Francisco's KCBS-AM.
Former BFoA Chairman Phil Lombardo Passes Away
Phil Lombardo, who served as NAB Joint Board Chairman, Broadcasters Foundation of America chair, and founded Citadel Communications, has passed away. Under his leadership, the BFoA’s annual financial assistance grew from $60,000 to nearly $850,000.
NAB President Curtis LeGeyt Is Radio’s Executive Of The Year
2023 took an overarching leader with the ability to unite, organize, and fight back when needed to guide the industry through a landmark year with a steady hand - National Association of Broadcasters President and CEO Curtis LeGeyt.
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