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Audacy revises contracts, doles out bonuses to keep executives through reorganization

Audacy revises contracts, doles out bonuses to keep executives through reorganization
editorandpublisher.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from editorandpublisher.com Daily Mail and Mail on Sunday newspapers.

United statesAndrew sutorSusan larkinRichard schmaelingGeneral counsel andrew sutor

US largest radio and podcast company Audacy files for bankruptcy

Broadcasting giant Audacy filed for bankruptcy on Sunday, just six months after cutting executives $3.2million in bonuses despite knowing finances were in bad shape.

United statesNew yorkLos angelesStephena smithDavid fieldRichard schmaelingDavid spadeDana carveyUs bankruptcy courtEntercom communicationsSouthern districtPhiladelphia businessStrategic initiativesGeneral counselSecretary andrew sutorWall street journal

Radio and podcast giant Audacy files for bankruptcy months after awarding $3 2 million to executives

Audacy's restructuring agreement will allow its total debt load to be reduced by 80% from around $1.9 billion to $350 million, once approved by a judge in.

United statesNew yorkMagda ehlersLos angeleDavid spadeRichard schmaelingChief executive officer davidStrategic initiativesGeneral counselSecretary andrew sutorDana carvey

Audacy and APM Ending Onerous Podcast Deal One Year Short

Audacy and APM Ending Onerous Podcast Deal One Year Short
radioink.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from radioink.com Daily Mail and Mail on Sunday newspapers.

United statesRichard schmaelingDavid fieldCommunications tsering yangchenAmerican public mediaExecutive communications tsering yangchen

Audacy Board Agrees to Pay $3 2 Million in Executive Retention Bonuses

Audacy Board Agrees to Pay $3 2 Million in Executive Retention Bonuses
talkers.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from talkers.com Daily Mail and Mail on Sunday newspapers.

David fieldSusan larkinRichard schmaelingCompensation committee of the board directorsExchange commissionCompensation committeeAndrew sutor