Audacy, formerly known as Entercom, has decided to temporarily halt the online auction for the rights to its Radio.com domain. The company had put the domain...
"Larkin became part of Entercom in July 2017 when she assumed the role of Regional Vice President."
Audacy is currently working on determining the specifics of the reverse stock split, including the range of the split.
“This partnership will add a new layer to our best-in-class news content offering while expanding the reach of The Weather Channel’s broadcast weather coverage to Audacy...
“I see no way out, outside of a financial restructuring."
"We have two hands tied behind our backs by being on the AM dial. You put us on an even playing field...we can compete with anybody."
"During the appeal period, we will remain an NYSE-listed company but NYSE trading will be suspended and our common stock will be traded over the counter."
Over 84% of viewers whose late-night shows are on pause due to the strike are keen to try new shows, particularly audio shows, with 70% excited...
“We began to shift our strategic focus to more profitable areas of the business. And we are now starting to realize the benefits of that transition.”
The company says it is also encouraged by positive signs in its auto business and remains optimistic about future improvements in market conditions.
