Audacy to go private
FCC Approves Audacy’s Post-Bankruptcy Vote In Split Vote
The FCC, as expected, has approved of Audacy Inc.'s plan to emerge from debtor-in-possession status — a move that makes Soros Fund Management the controlling interest holder in the audio content creation and distribution company founded by the Field family.
Audacy will head to bankruptcy court after the FCC agreed to conduct a foreign-ownership review with a new, post-bankruptcy ...
Audacy's successful reorganization may mark a new beginning, but the media company continues to face a challenging economic ...
Audacy can emerge from bankruptcy — and expects to do so within days — after gaining FCC approval Monday. The Federal ...
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WEEI’s bankrupt owner Audacy gets FCC approval to transfer licenses to George Soros-backed nonprofit: ‘The Commission’s ...
The FCC has approved the plan of Audacy, the second-largest radio company in the United States by revenue, to exit Chapter 11 ...
The Federal Communications Commission said Monday it had voted to approve the transfer of radio station licenses to allow ...
The FCC has approved a reorganized Audacy on a 3-2 vote, enabling the company to emerge from Chapter 11 bankruptcy.
Audacy will continue to focus on sports radio and podcasts, buoyed by assets acquired in a merger with CBS Radio in 2017.
The decision has drawn criticism from Republicans, who say the FCC broke with established procedure to push the deal through.
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