Clear Channel restructuring ‘inevitable’-Moody’s
Moody's declares Clear Channel Communications restructuring inevitable due to $16 billion debt burden from 2008 buyout. Radio giant faces critical $13.8 billion debt deadline in...
Tag : Bain Capital
Clear Channel, CC Media Post Losses on Write-Downs – WSJ.com
A deteriorating advertising market pushed Clear Channel Outdoor Holdings Inc. and parent company CC Media Holdings Inc. deep into the red in the fourth quarter.”The...
In seven-station swap, CBS Radio sheds WQSR in Baltimore
As part of its plan to trim 50 radio stations from its portfolio, CBS has dropped one of its five Baltimore holdings, trading 102.7 Jack-FM...
CBS Radio, Clear Channel in radio station swap
CBS Radio, a unit of media company CBS Corp., said Monday it will swap five mid-size market radio stations for two of Clear Channel Communications...