There’s a new threat to iHeartMedia ‘s bid to “avoid bankruptcy.” That’s according to Reuters, citing “people familiar with the matter.” The news organization reports that a group of the company’s lenders has signed a “cooperation agreement” to oppose a debt restructuring agreement proposed by the nation’s No. 1 owner of AM and FM radio stations. In order to move forward with a debt exchange, needed to finalize a planned restructuring of its finances, iHeart is required to obtain approval from more than half of its term loan holders. Reuters says this will not happen.
Archive for April 21st, 2017
RADIO ONE has closed on a new $350 million senior secured credit facility. The company closed on the new credit line, comprised of $350 million in term loans, on APRIL 18th with GUGGENHEIM … more
Long Island slam death-metal band Internal Bleeding has dedicated its video for the best viagra online track “Final Justice” that it released Friday (April…
THE MORRISON HOTEL inside the SUNSET MARQUIS HOTEL in WEST HOLLYWOOD had a gala opening party last night for ‘THE ART OF WOMEN,” a photography exhibition honoring some of the most … more
Ed Sheeran Holds Kendrick Lamar Off U.K. Album Summit and female viagra no prescription Returns to Singles No. 1
Kendrick Lamar’s DAMN. (Interscope/Universal) is held off the U.K. album chart summit by Ed Sheeran’s ÷ (Asylum/Warner Music), but the…
A Mississippi-based telco and technology services company believes it, like other IP-delivery upstarts seeking to challenge established MVPDs, is ready to turn the cable TV industry on its head in the next few weeks. The company, C Spire, is putting the finishing touches on C Spire TV, a new streaming TV service that “eliminates the need for set-top boxes and revolutionizes how customers enjoy their favorite content.” Cable TV companies are C Spire’s No. 1 target, says C Spire Home GM Ashley Phillips. “It’s about time TV evolved from cable’s ball and chain mentality rooted in a bygone era,” she said. C Spire TV’s tech is rooted in an app designed to run on Amazon, Apple and Roku, in addition to Android OS and Apple iOs smartphones and tablets.
LAS VEGAS — Radio Frequency Systems (RFS) , a designer and manufacturer of cable, antenna and tower systems, has unveiled at the 2017 NAB Show a customized planning tool to help broadcasters build their new TV antenna system in preparation for the U.S. spectrum repack.
LAS VEGAS — Wisconsin-based tech company Sound Devices is bringing to market a new MD-4 Analog-to-Dante Audio Interface. The interface makes it public debut here in Southern Nevada, at the 2017 NAB Show. The MD-4 is targeted to ship by May 15.
With DEPECHE MODE slated to perform a record-breaking four shows at the HOLLYWOOD BOWL on OCTOBER 12th, 14th, 16th and cialis pills a just-added date onthe 18th, it’s perfect timing for EAT|SEE|HEAR, … more
NIELSEN AUDIO completed delivery of MARCH PPM monthly reports TODAY (4/21), with these markets getting results: AUSTIN; MILWAUKEE; INDIANAPOLIS; PROVIDENCE; RALEIGH-DURHAM; NORFOLK; … more
CUMULUS MEDIA will host an eight-market “NASH NEXT: LIVE IN THE LOBBY” concert series sponsored by COUNTRY INNS & SUITES. The NASHVILLE show will feature performances by NASH … more
SCRIPPS Country KTTS/SPRINGFIELD, MO morning co-host CASH WILLIAMS spent the morning as a wet giraffe TODAY (4/21) as the result of a lost wager with his co-host, SUMMER STEVENS. It … more