Cumulus Media Retains Mary Berner As CEO Post-Bankruptcy
Cumulus Media has solidified its leadership by reaching an agreement to retain Mary Berner as CEO following the company’s emergence from bankruptcy. The announcement, made...
Columbia House Files for Bankruptcy in Digital Shift
Columbia House, the iconic mail-order music retailer, filed for Chapter 11 bankruptcy after digital streaming crushed its business model. The company owes $63 million despite...
DMX Bankruptcy Controversy
DMX faces potential conversion of his Chapter 11 bankruptcy to Chapter 7 liquidation after failing to attend creditor meetings and provide required financial information....
Atlantic Broadcasting Files for Bankruptcy
Atlantic Broadcasting LLC, owner of five southern New Jersey radio stations including WMGM-FM and WWAC-FM, filed for Chapter 11 bankruptcy protection....
Regent Communications posts loss for 4Q, 2009
Regent Communications posted a $14.2 million fourth-quarter loss despite filing Chapter 11 bankruptcy, with revenues falling 12% from 2008 levels....