RUMOR MILL
Wednesday, November 29, 2017
CUMULUS' NEXT CHAPTER: 11
Cumulus has filed Chapter 11 bankruptcy reorganization to restructure its debt, according to reports. An Inside Radio story notes that the company has reached an agreement with a lenders' group to shrink its debt load by $1 billion+, and that the broadcasting giant—which claims to have "ample cashon hand"—expects normal operation to continue through the process. Details here.
VMAs BEAMING BACK
TO THE BIG APPLE Getting back to where they once belonged (4/24a)
THE COUNT: ALL THE DESERT'S A STAGE
Jon Wayne is rolling over in his grave. (4/24a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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A CHORUS OF PRAISE: IVORS 2024 NOMSrumor mail
