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Audacy Refutes Report Over Bankruptcy Looming

“A blog post published today falsely claimed that Audacy’s CEO confirmed Audacy’s bankruptcy,” the statement said on Twitter.

Eduardo Razo

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A report on Tuesday from Jerry Del Colliano stated that Audacy CEO David Field was moving the company towards bankruptcy. That didn’t sit well with Field or Audacy officials who have rejected the report and announced plans to explore legal remedies against the radio industry reporter and his website.

Del Colliano suggested that Field’s inability to play well with others led to the CBS Radio merger being botched, multiple rounds of layoffs taking place in recent years, and the company enduring low stock prices, which has created concern about the company being delisted in the future. 

The report went on to suggest that Field has been checking off all the boxes of his biggest competitors, Cumulus and iHeartMedia, who also went bankrupt. Del Colliano added that a responsible board would have replaced management, but now the company is riding towards Chapter 11.

What really caused confusion though was the headline used in Del Colliano’s report, “David Field Confirms Audacy’s Bankruptcy.” Others on social media began sharing and promoting the news as fact including a Boston radio host named Henry Santoro of WGBH Radio. Santoro’s tweet caught the attention of both Barstool Sports founder Dave Portnoy and Barstool host and former WEEI personality Kirk Minihane, who each offered an opinion on the news. The tweet stayed up most of the day, being seen and shared often before it was removed on Tuesday night.

Audacy released a statement on Twitter strongly pushing back against these claims. The company said, “A blog post published today falsely claimed that Audacy’s CEO confirmed Audacy’s bankruptcy. That statement is categorically untrue. Audacy intends to vigorously pursue all available remedies for false statements meant to cause damage to Audacy and its stakeholders.”

Furthermore, in an internal memo to staff, Field also refuted the reporting done by Del Colliano, calling the information “unequivocally untrue.”

“I am reaching out to address some fake news from an industry troll about Audacy that is currently circulating,” Field said in a memo obtained by Barrett News Media. “An industry blog post published today falsely claimed that “David Field confirms Audacy’s bankruptcy.”  

“That statement is categorically and unequivocally untrue. Audacy intends to pursue all applicable remedies for false and defamatory statements meant to cause damage to Audacy, its employees and its stakeholders to the fullest extent of the law.”

Field ended the memo by reinforcing his excitement and confidence in the conpany’s future and said he is focused on capitalizing effectively on the acquisitions, investments and enhancements that have been made to set up the company for a bright future. He concluded by telling employees that Audacy is in a strong position to serve customers and audiences with greater revenue and earnings potential under normalized market conditions.

News Radio

Howard Stern Reveals MSNBC Go-To Source for News

Stern told “Morning Joe” in an extensive interview that MSNBC is the network for him regarding cable news consumption.

Eduardo Razo

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SiriusXM radio host Howard Stern told “Morning Joe’s” Joe Scarborough and Willie Geist in an extensive interview that MSNBC is the network for him regarding cable news consumption. 

Stern stated that he’s a major fan of “Morning Joe” and went the extra mile to say that he and co-host Joe Scarborough share the same political idealogy.

“I watch you guys every morning,” Stern said (h/t Mediaite). “I really enjoy the show. Oddly, I agree politically with almost everything Joe says. I don’t think there’s much difference there.”

The radio host thanked MSNBC for providing him with what he loves: 24/7 news. Additionally, Stern offered a shoutout to network host Symone Sanders and stated he’s no fan of Dateline repeats.

“By the way, I want to give a shoutout to MSNBC,” Stern added. “Thank God you don’t play the old Datelines anymore on the weekends. I like news. I watch this channel exclusively for news. I tune out on the weekend. 

“It’s like all news stuff. I’m watching old Datelines. I like when you guys are onI like news 24/7, and now I find I’m getting it. I get Symone on the weekend. Big fan of hers. Symone coming on strong. What can I tell you? I know the whole lineup.”

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Trespassing Charges Against John DePetro Dismissed

DePetro have been dismissed as he faced a trespassing charge related to an incident over the summer during a Monday court hearing.

Eduardo Razo

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Charges against John DePetro have been dismissed as the radio host faced a trespassing charge related to an incident over the summer during a Monday court hearing.

DePetro was arrested in mid-August outside a home on Staples Avenue in Warwick.

Police searched the house several months earlier as part of an investigation into the disappearance of Charlotte Lester, who has been missing for six months.

“I respect our justice system and respect law enforcement, specifically the Warwick PD,” DePetro said on Twitter. “The search for Charlotte Lester continues as I resume efforts searching for answers into her disappearance and holding Mark Perkins accountable for his actions against myself and Ladybug.”

The man who lives there, Mark Perkins, was also arrested the following day after he allegedly charged at DePetro with a lawnmower while DePetro was live-streaming. 

Unlike DePetro, who had his charges dismissed, Perkins still faces an assault charge, according to court records.

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News Radio

Oklahoma’s The Eagle 96.9 Rebrands as Freedom 96.9

KZLS started simulcasting on KQOB at the beginning of this year after the 96.9 signal was leased to Citadel and Cumulus Media for nineteen years. 

Eduardo Razo

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Champlin Broadcasting Conservative Talk The Eagle 96.9 KQOB Enid/Oklahoma City and 1640 KZLS Enid will look a little different for its listeners as the station has rebranded.

Rather than calling itself The Eagle 96.9, the radio station will now be known as Freedom 96.9 (h/t Radio Insight). KZLS started simulcasting on KQOB at the beginning of this year after the 96.9 signal was leased to Citadel and Cumulus Media for nineteen years. 

The station features a syndicated lineup, including Hugh Hewitt, Brian Kilmeade, Dan Bongino, Mike Gallagher, Joe Pags, and Bill O’Reilly. Furthermore, with the rebrand possibly comes a new addition.

Freedom 96.9 is teasing the addition of Dana Loesch to the lineup as well to enhance the rebrand further as the station begins a new chapter as it provides news/talk to the residents. 

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