Tag Archives: Radio Business

Clear Channel receives another credit downgrade

Story here Clear Channel’s $17.9B in bonds have been downgraded again due to concern they may breach the terms of the rules for the bonds, which would put them into default (even if they can make the interest payments). Clear … Continue reading

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NovaM goes down for the count

The Radio Equalizer and Tom Taylor are reporting that Sheldon Drobny, the man who tried to acquire Air America, and ultimately hired Randi Rhodes and Mike Malloy for his NovaM network has given up the fight to bring quality progressive … Continue reading

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