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Audacy

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St. Louis Metro

Audacy sells St. Louis radio cluster to Hoffman

ST. LOUIS -- The radio presence of Audacy in St. Louis is no more, following the announcement of a sale Monday. Reports from Barrett Media and RadioInsight reveal the sale of Audacy's St. Louis cluster to Hoffman Media Group. Hoffman Media Group is a subsidiary of the Winnetka, Illinois-based HF Companies. Hoffman Media reportedly owns several newspapers in California, Colorado, Florida, Michigan, and Missouri. Among its newspaper portfolio is the St. Louis Post-Dispatch. Financial terms are unknown, and properties involved […]

todayJune 29, 2026 63

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Entertainment News

Radio giant Audacy files for Chapter 11 bankruptcy

PHILADELPHIA (UPI) -- Following years of declining ad spending, American radio and podcasting giant Audacy announced Sunday that it has filed for prepackaged Chapter 11 bankruptcy protection. Audacy, one of the nation's largest radio companies, announced its filing in a statement, saying it has reached a restructuring support agreement with a supermajority of its debtholders that will see its debt be reduced by about 80%, from $1.9 billion to $350 million. Formerly known as Entercom, Audacy merged with CBS Radio in 2017 that aided […]

todayJanuary 9, 2024 151

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