Chicago Media Chat Message Forum

[ Chicago Media Chat Message Forum ]

Forum Agreement, Terms Of Service Disclaimer

Audacy Delisted From NYSE - Reported on Media Notebook - RICK KAEMPFER

Posted by WYTZZ95FM <iframe src='https://members.boardhost.com/chicagomediachat/info/user=WYTZZ95FM' width='330' height='300' border=0 style='border:none;'> on November 3, 2023, 8:51 pm

There will be many more creditors not sleeping well after being notified of this. CBS wasn't the best company but this is ridiculous. Unexperienced, drunken sailors sinking the Titanic. But hey, they have nice digs at their corporate location!

Z

• Audacy, Inc. announced that its appeal of the determination by the New York Stock Exchange (NYSE) to commence proceedings to delist Audacy’s Class A Common Stock from the NYSE was not successful.

Link: Audacy Delisted From NYSE

Re: Audacy Delisted From NYSE - Reported on Media Notebook - RICK KAEMPFER

Posted by ChiTownGal <iframe src='https://members.boardhost.com/chicagomediachat/info/user=ChiTownGal' width='330' height='300' border=0 style='border:none;'> on November 8, 2023, 8:47 am, in reply to "Audacy Delisted From NYSE - Reported on Media Notebook - RICK KAEMPFER"

Will there be an upswing in the ratings for 670- The Score - next season when the Cubs have a new manager and presumably will have a winning season?

Re: Audacy Delisted From NYSE - Reported on Media Notebook - RICK KAEMPFER

Posted by WYTZZ95FM <iframe src='https://members.boardhost.com/chicagomediachat/info/user=WYTZZ95FM' width='330' height='300' border=0 style='border:none;'> on November 8, 2023, 9:07 am, in reply to "Re: Audacy Delisted From NYSE - Reported on Media Notebook - RICK KAEMPFER"

The elections will help NewsRadio 780/105.9 and WBEZ. The war will most likely help WBEZ further.

The Score bills well, the jury is out if a rejuvenated team will help them more.

Neither of these will save Audacy, the gravity downward pull will accelerate.

Z

Re: Audacy Delisted From NYSE - Reported on Media Notebook - RICK KAEMPFER

Posted by John from Wisconsin <iframe src='https://members.boardhost.com/chicagomediachat/info/user=John+from+Wisconsin' width='330' height='300' border=0 style='border:none;'> on November 8, 2023, 4:27 pm, in reply to "Re: Audacy Delisted From NYSE - Reported on Media Notebook - RICK KAEMPFER"

My 2 cents:
Remember when a few of us we sure WSCR would move to 104.3?

Re: Audacy Delisted From NYSE - Reported on Media Notebook - RICK KAEMPFER

Posted by WYTZZ95FM <iframe src='https://members.boardhost.com/chicagomediachat/info/user=WYTZZ95FM' width='330' height='300' border=0 style='border:none;'> on November 8, 2023, 4:35 pm, in reply to "Re: Audacy Delisted From NYSE - Reported on Media Notebook - RICK KAEMPFER"

My 2 cents:

1 cent: Economy is economy, it will happen. Stop paying your creditors, come back and see me in 90 days.

1 cent: WSCR at some point will move to FM and perhaps 104.3 or 96.3. For now, it was put on hold. When you are bleeding profusely (see above) you have bigger problems. Also, Audacy was not expecting the "NEW" B96 to react this way. Or Jams numbers to go up! Audacy is on a mission to turn off all the AM signals, dives the land and turn it into liquidity. Their propping up a company just for the land and towers is proof of such.

Z

Re: Audacy Delisted From NYSE - Reported on Media Notebook - RICK KAEMPFER

Posted by PhilJSmith <iframe src='https://members.boardhost.com/chicagomediachat/info/user=PhilJSmith' width='330' height='300' border=0 style='border:none;'> on November 8, 2023, 5:45 pm, in reply to "Re: Audacy Delisted From NYSE - Reported on Media Notebook - RICK KAEMPFER"

My gut says we’re going to see some really random stuff happen with Audacy’s big AM stations, or perhaps ALL their stations. When the creditors show up at the door ready to break knees, you make quick and irrational decisions. Look how quickly WLUP fell through a flukey crack and vanished from 97.9. It wouldn’t surprise me if *all* of Audacy’s stations started getting ejected, repurposed, sold for real estate value, downgraded and relocated, or permanently silences. Soon. Very soon. Like 2024 Q1. If you think they’ve been making idiotic decisions so far, get ready for a whole new level of masochistic activity.

Re: Audacy Delisted From NYSE - Reported on Media Notebook - RICK KAEMPFER

Posted by WYTZZ95FM <iframe src='https://members.boardhost.com/chicagomediachat/info/user=WYTZZ95FM' width='330' height='300' border=0 style='border:none;'> on November 8, 2023, 5:53 pm, in reply to "Re: Audacy Delisted From NYSE - Reported on Media Notebook - RICK KAEMPFER"

LOL Phil! That is the most EPIC post I have read, but honestly, the most accurate. Not sure they can get lucky like Cumulus did emerging BKP smelling like a rose. There is a much different administration in place and the economy is much different.

Z

« Back to index

606

[ Chicago Media Chat Message Forum ]

Copyright © 2007 - 2025 ChicagoMediaChat.Com - All rights reserved.