IHeartRadio files for bankruptcy

[Shadoe Fan]

www.forbes.com/sites/hughmcintyre/2018/03/15/iheartradio-has-filed-for-chapter-11-bankruptcy-protection/#3d240403baac

Just because iHeartRadio has officially filed for bankruptcy, that doesn’t mean that drastic changes are coming, at least not right away. In fact, the radio powerhouse claims in its public announcement of the dealing that it will “continue operating the business in the ordinary course as a leading global multi-platform media, entertainment and data company,” though the future of iHeart is sure to be a tricky one now that it won’t have the power over its own finances as it once did.

[Deleted]

If the way they operated got them into this, why would they think continuing to operate the same way will net them a way out?

[mrjukebox]

I read the article in Friday's edition of "The Connecticut Post"-I-Heart Radio owns a few stations throughout Connecticut:WKCI (KC-101) in New Haven,country formatted WWYZ in Waterbury,talk/news WELI in New Haven & WKSS in Hartford.