FINANCIAL – Page 80 – RAMP – Radio and Music Pros

Steel City Media Files Chapter 11

March 22, 2018March 22, 2018 kevincarter Cumulus, iHeart, iHeartMedia, Inc.

• Steel City Media, which owns two radio stations in Pittsburgh and four in Kansas City becomes the latest broadcast

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Townsquare Buys WPST +2

March 22, 2018 kevincarter Inc., Townsquare

• Townsquare Media, Inc. has entered into an agreement to acquire three radio stations in Trenton, NJ from Connoisseur Media,

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April 3 Is D-Day For Spotify

March 15, 2018March 15, 2018 kevincarter

• Spotify announced will begin selling its stock directly to the people on April 3 in what is sure to

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iHeart Finally Files For Chapter 11

March 15, 2018March 16, 2018 kevincarter BMI, iHeart, iHeartMedia, Inc.

• After lengthy negotiations with its creditors and several extensions, iHeartMedia, quoting Variety, “bowed to the inevitable” late Wednesday evening

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Oak View Enjoy$ Ca$h Infu$ion

March 13, 2018March 12, 2018 kevincarter

• Silver Lake has made a strategic investment in the Oak View Group (OVG), an entertainment and sports facilities company

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Forbearance + Five Days

March 8, 2018March 11, 2018 kevincarter iHeart, iHeartMedia

• To the utter shock and surprise of… well, pretty much no one, iHeartMedia managed to squeeze another five days

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iHeart Buys Some Extra Time

March 5, 2018 kevincarter iHeart, iHeartMedia

• iHeartMedia has arranged to bank a few valuable extra days to get its financial house into something resembling order

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Hulu Playing Madison Square Garden

March 5, 2018March 4, 2018 kevincarter iHeart, iHeartMedia

• Streaming service Hulu has coughed up some cash to plaster its name all over The Theater at Madison Square

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Liberty’s Grip On iHeart Grows Stronger

March 3, 2018March 5, 2018 kevincarter BMI, iHeart, iHeartMedia, Inc.

• With rumblings growing louder that iHeartMedia Inc. is headed toward a bankruptcy filing as soon as this weekend, the

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iHeart Skips Payment; OKs Executive Bonuses

March 1, 2018March 3, 2018 kevincarter iHeart, iHeartMedia, Inc.

• As talks of restructuring and/or bankruptcy continue to swirl, iHeartMedia filed two Form 8-Ks with the Securities and Exchange