Audacy will head to bankruptcy court after the FCC agreed to conduct a foreign-ownership review with a new, post-bankruptcy ...
Audacy announced the completion of its restructuring Monday ... including one with connections to Hungarian-born ...
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.
Audacy Inc., the bankrupt radio broadcaster, won regulatory approval for the transfer of its licenses to a nonprofit funded ...