FINANCIAL – Page 24 – RAMP – Radio and Music Pros

Sizeable UMG Layoffs Looming?

• Variety and Bloomberg are reporting that Universal Music Group will be laying off “an unspecified but significant number” of

• Audacy, Inc. announced that it entered into a restructuring support agreement (RSA) with a supermajority of its debtholders on

• The Broadcasters Foundation of America today kicks off “12 Days of Giving,” a social media campaign that will feature

• Mitch Albom has done it again — at the end of a 15-hour broadcast on Cumulus News-Talk 760 WJR/Detroit,

• Taylor Swift‘s record-breaking Eras Tour has claimed the No. 1 position on Pollstar‘s 2023 Year-End Top Worldwide Tours and

• Spotify Technology S.A. announced that its Chief Financial Officer, Paul Vogel will be leaving the company, effective March 31,

• 10K Projects announced a trio of executive appointments (l-r): Blake Brown-Grakal has been promoted to General Counsel, Samuel Cohen

• Paramount’s CBS Audio Network and Skyview Networks announced the multi-year renewal of their distribution and network audio sales partnership

• iHeartMedia announced that it has extended its contract with the famous Ryan Seacrest, nationally known media and entertainment entrepreneur,

• iHeartMedia, Inc. announced that in connection with the recently announced acquisition of Broadcast Music, Inc. (BMI) by a shareholder