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The Latest Breaking News from Audacy

What Audacy's Chapter 11 bankruptcy means for your radio stations

It's rare that a bankruptcy filing potentially impacts so many Americans.

The Street

Radio operator Audacy, owner of WBBM Newsradio, WXRT, files for ‘reorganization’ bankruptcy

The company owns nearly 230 stations and hopes to slash $1.9 billion in debt. Executives don’t expect changes in operations or disruptions of worker pay and benefits.

Chicago Sun-Times

Audacy, 2nd largest radio operator, files for bankruptcy protection

Audacy Inc. operates more than 200 U.S. stations, including in New York and Los Angeles, but ad revenue has fallen as it struggles to compete with streaming services.

The Street

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5-hour ENERGY billionaire invests heavily into media

Manoj Bhargava expands his media holdings by buying a majority interest in The Arena Group.

The Street

Shane Riordan’s absence is telling, but The Score isn’t talking

The executive producer of the “Parkins & Spiegel” show has been off the air since Friday, a day after he made lewd and crude remarks on the air.

Chicago Sun-Times

Sports Radio Host Under Fire After Inappropriate Remark About ESPN’s Mina Kimes

Chris Curtis of WEEI-FM in Boston made the regretful statement Wednesday morning.

Sports Illustrated

The 1975 star Matty Healy causes outrage after being accused of Nazi salute on stage

Matty Healy, the frontman of British rock band The 1975, has fans demanding answers after footage appears to show him marching and lifting his arm as he sung the lyric “Thank you, Kanye"

Daily Mirror

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Megan Fox brings out her inner Pamela Anderson in pink fluffy hat and matching outfit

The actor and her fiance Machine Gun Kelly were seen in Florida

The Independent UK

Why music supervisors are clashing with Netflix

LOS ANGELES — It was one of the most memorable moments in Netflix's "Stranger Things 4": Max running away from the murderous monster Vecna, fueled by Kate Bush's soaring song, "Running Up That Hill."

Los Angeles Times

ESPN 1000 woos, wows Bears into multiyear radio partnership

The big question on fans’ minds is whether longtime voices Jeff Joniak and Tom Thayer will remain on the broadcast. The answer: That’s everyone’s intention.

Chicago Sun-Times

KROQ’s Almost Acoustic Christmas returns with Imagine Dragons, Black Keys, Yeah Yeah Yeahs

ANAHEIM, Calif. — KROQ-FM 106.7 and its parent company Audacy announced the return of the station’s long-running Almost Acoustic Christmas holiday concert on Wednesday.

The Orange County Register

Bears radio broadcasts will leave WBBM after season; ESPN 1000, WCHI vying to land them

The decision came down to cost. Audacy-owned WBBM, which simulcasts on WCFS-FM (105.9), has been losing money with the Bears, who have aired on the station since 2000.

Chicago Sun-Times

Audacy (AUD) Reports Q2 Loss, Lags Revenue Estimates

Audacy (NYSE: AUD) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of $0.07. This compares to earnings of $0.01 per share a year ago. These figures are adjusted for non-recurring items.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For July 8, 2022

Benzinga

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Benzinga

BetMGM Becomes Sportsbook Partner Of Audacy's BetQL Network

BetMGM will become the exclusive sportsbook of the BetQL Network, Audacy Inc's (NYSE:AUD) network of sports betting content. Sports betting and iGaming operator BetMGM was born out of a collaboration between MGM Resorts International (NYSE: MGM) and Entain Plc (OTC:GMVHY). The partnership, BetQL Network presented by BetMGM, is an exclusive multi-year agreement that expands the current relationship…

Benzinga

Looking Into Audacy's Return On Capital Employed

Benzinga Pro data, Audacy (NYSE:AUD) reported Q1 sales of $275.30 million. Earnings fell to a loss of $11.07 million, resulting in a 151.72% decrease from last quarter. In Q4, Audacy earned $21.41 million, and total sales reached $344.73 million.

USA Today Sports Media Group

James Worthy on current NBA: ‘All they do is practice threes, get tattoos and tweet’

During an interview Wednesday on the Stoney & Jansen Show, Lakers legend and Hall of Famer James Worthy, a three-time NBA champ, was asked what he thinks of today's game and its heavy reliance on the three. And Worthy said the NBA has been ...

USA Today Sports Media Group

Bulls confident about keeping Zach LaVine

He offered that with a caveat though. "I'm just reporting what I was hearing at the Combine - and that is multiple people connected to other teams, agents, etc., the chatter at that Combine, the representation of that chatter is that Zach is very ...

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USA Today Sports Media Group

Zach LaVine undergoes surgery on left knee

Zach LaVine underwent arthroscopic surgery on his left knee on Tuesday in Los Angeles. Chicago Bulls executives are in Los Angeles to attend various agency pro days in advance of next month's NBA Draft and were in close contact with the two-time ...

USA Today Sports Media Group

Zach LaVine “very much in play” entering free agency

K.C. Johnson of NBC Sports Chicago joined the Mully & Haugh Show on Tuesday morning to discuss LaVine's future. "The safe bet is still that Zach will return (to Chicago)," Johnson said. He offered that with a caveat though. "I'm just reporting what ...

Benzinga

Audacy Clocks 14% Revenue Growth In Q1, Lags Consensus

Audacy (NYSE:AUD) reported first-quarter FY22 revenue growth of 14% year-on-year to $275.3 million, missing the consensus of $279.1 million. Core spot revenues were $173.9 million, up 14% Y/Y. Digital revenues were $58 million, up 16% Y/Y. Operating income for the quarter was $8.5 million, against an operating loss of $(8.2) million a year…

Benzinga

Recap: Audacy Q1 Earnings

Audacy (NYSE:AUD) reported its Q1 earnings results on Monday, May 9, 2022 at 08:00 AM. Here's what investors need to know about the announcement. Earnings Audacy missed estimated earnings by 11.11%, reporting an EPS of $-0.1 versus an estimate of $-0.09.

Benzinga

Audacy Earnings Conference Call Is Coming Up, Here's What You Need To Know

Audacy (NYSE:AUD) will host a conference call at 10:00 AM ET on May 9, 2022, to discuss Q1 2022 earnings results. How to Attend Audacy (AUD) Conference Call Follow this link to access the live webcast.

USA Today Sports Media Group

Commanders will have a new radio partner in 2022

Washington Commanders games will no longer be on the Team 980 in 2022.

Sports Illustrated

Commanders Flagship Radio Station Will No Longer Carry Team Games

The team will announce a new radio partner in the coming weeks.

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