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. 

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 this week's headlines.