Steel City Media Files Chapter 11
• Steel City Media, which owns two radio stations in Pittsburgh and four in Kansas City becomes the latest broadcast
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FINANCIAL
Townsquare Buys WPST +2
• 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
• 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
• 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
• 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
• 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
• 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
• 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
• 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
• As talks of restructuring and/or bankruptcy continue to swirl, iHeartMedia filed two Form 8-Ks with the Securities and Exchange
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