Owner of six Bay Area radio stations files for bankruptcy

Owner of six Bay Area radio stations files for bankruptcy

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The radio and podcast giant that owns Bay Area radio stations KCBS, 102.1 Jams and 95.7 The Game has filed for bankruptcy. Philadelphia-based Audacy announced it filed for Chapter 11 bankruptcy protection – often called “reorganization bankruptcy” – on Sunday, claiming $1.9 billion in debt. The…

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