Is the largest radio conglomerate in the US about to go bankrupt? Now, iHeartMedia is hitting extremely hard financial times — and warning investors of a possible collapse ahead. Quarterly losses of $248 million. A stock price plunging to 50-cents. Major Wall Street delisting fears. Debt levels in billions. Welcome to the real state of traditional […]
The post November 8th, 2018: iHeartMedia Declares Bankruptcy appeared first on Digital Music News.