Audacy Completes Financial Restructuring - Podcaster News
Briefly

We are pleased to have successfully achieved all of our restructuring goals, emerging with an outstanding balance sheet, delivering industry-leading growth, serving our listeners and advertisers with excellence and honoring our commitments to employees and partners.
Today, Audacy embarks on our next chapter, capitalizing on our position as a scaled, multi-platform audio leader, differentiated by our exclusive, premium audio content, including our unrivaled leadership in sports audio, powered by our industry-leading financial strength.
Audacy has continued to steadfastly execute its transformation strategy, inviting in talent, content, ad tech and its audio streaming platform to further enhance its competitive position.
The Company is delivering industry-leading top-line and bottom-line growth, driven by significant gains in revenue shares, accelerated digital revenue growth, and prudent expense reductions to enhance operating margins.
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