Scott Parks & KMBZ Parent Company Audacy Files For Bankruptcy

Actually . . . Audacy is home to quite a few local radio properties . . . But those two stand out more than anyone else.

Here's the quick breakdown . . .

"Audacy is the home to hundreds of broadcast, sports and podcast shows and is one of the largest radio broadcasters in the country. In an announcement Sunday, Audacy’s President and CEO David Field revealed that it filed for bankruptcy and that it entered into a restructuring support agreement with a supermajority of its debtholders."

Read more via www.TonysKansasCity.com link . . .

Radio giant Audacy files for bankruptcy as advertising plummets

Radio giant Audacy says it has filed a Chapter 11 bankruptcy protection and reached an agreement with debt holders as the company battles slumping advertising revenue.

Radio and podcast company Audacy files for bankruptcy

Radio and podcast company Audacy revealed that it filed for chapter 11 bankruptcy Sunday, citing "macroeconomic challenges" as the reason for its restructuring. Audacy is the home to hundreds of broadcast, sports and podcast shows and is one of the largest radio broadcasters in the country.

Developing . . .