Audacy, one of the largest radio operators in the U.S. and owner of several Chicago radio stations, filed for Chapter 11 bankruptcy in Texas on Sunday, in an effort to slash $1.9 billion in debt.
The nearly 230-station company — which owns WBBM-AM 780, WBBM-FM B96, WXRT-FM 93.1 and 670 The Score, among others, serving nearly 10 million monthly listeners from its Chicago-based brands — made the announcement Monday.
