As most of you already know, iHeartMedia declared bankruptcy last week. The story received prominent news coverage across the country. Coming on the heels of a similar announcement from Cumulus Media, the iHeart news has spawned discussion on the implications for the Radio industry and its future. Since there seems to be a considerable amount of misinformation and inaccurate speculation floating around, I thought it would be constructive to share some facts and thoughts to help clarify the situation. You should feel free to share any of this with friends, colleagues, partners, and customers.......
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