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Illustrated Audacy is being shown in Suqian, Jiangsu Province, China, on Jan. 8. (Costfoto / NurPhoto / Shutterstock via CNN Newsource)

Delays Fueled by GOP Allegations Over Soros’ Stake

The radio company’s court appearance comes after it filed for Chapter 11 bankruptcy in January, and when it disclosed it was entering a restructuring agreement to reduce debt from about $1.9 billion to $350 million. 

A screen displays the company logo for Audacy, Inc. on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 16, 2023. (Brendan McDermid / Reuters)

The internet radio conglomerate — among the biggest radio companies in the country — was saddled with substantial debt and faced slowed-down advertising revenue. Audacy said it is entering into a restructuring agreement to reduce its debt from about $1.9 billion to $350 million.

Joel Weisman and his panel of journalists discuss comedian Robin Williams' suicide, and how his battle with depression could impact the national conversation on mental illness. 

Joel Weisman and his panel of journalists discuss this week’s headlines.

Joel Weisman and his panel of journalists discuss this week's headlines.

Joel Weisman and his panel of journalists discuss the pervasive patronage at Metra, the CTA plans for an L overpass at Belmont. Watch the web extra video.

Joel Weisman and his panel of journalists discuss the week's top headlines.