Showing posts with label iHeart. Show all posts
Showing posts with label iHeart. Show all posts

Tuesday, March 27, 2018

Changes . . .

Free streaming killed the radio monopoly . . .


(https://www.usatoday.com/story/money/media/2018/03/15/radio-giant-iheartmedia-files-chapter-11-bankruptcy/427322002/)
". . . The nation's largest radio station operator, iHeartMedia, has filed for Chapter 11 bankruptcy to shed billions of debt it has carried for more than a decade. . . The San Antonio-based company, which has more than 850 radio stations, says it will continue to keep operating after reaching an agreement with creditors for more than $10 billion of its $20 billion in debt. . ."



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