IHeartMedia Hits Ch. 11 To Cut More Than $10B In Debt
16 March, 2018, 02:07 | Author: Salvatore Jensen
iHeartMedia have reportedly agreed a restructuring deal with investors which hold over $10 billion of the debt to reduce their outstanding bills by half.
Communications giant iHeartMedia has filed for reorganization in a Chapter 11 filing in Bankruptcy Court in Texas.
The company traces its roots to the 1972 purchase of KEEZ-FM in San Antonio, Texas, where it is now headquartered.
The company has filed a series of motions to allow it to continue a "business-as-usual" operation during the transition to Chapter 11 bankruptcy.
Over 14,300 people are employed by the company according to its 2016 annual report. The company specializes in radio, digital, outdoor, mobile, social, live events, on-demand entertainment and information services for local communities, and uses its unparalleled national reach to target both nationally and locally on behalf of its advertising partners.
Last year, a second quarter earnings report showed showed declining revenues as the media company struggled to get out from under the massive debt.
Leonard , who received first-team All-NBA honors the previous two seasons, resumed working out in San Antonio on February 27. Leonard has told that he would be returning to the court at some point this season if he feels comfortable.
In 2017, Google took down more than 3.2 billion ads that violated its ad policies-or roughly 100 bad ads per second, Spencer said. The same treatment is being meted out to ads for binary options and similar products.
Since it's designed for children, it doesn't have the same fitness prompts as the company's adult-oriented trackers. It runs Fitbit OS, which is limited in scope but comes with a variety of apps through the Fitbit App Gallery.
The Saints' defense ranked 10th in points allowed (20.4 per game) and were middle of the pack with 336.5 yards allowed per game. "That he's a selfish player, not necessarily a team-first guy and a guy who cares a lot about his business interests".
But Pompeo might still prove to be a more risky secretary of state by enabling Trump's most hawkish instincts. A number of details still need working out ahead of the summit, from the time and place to the actual agenda.
Each email will come with a link to download the game, but the game's availability will be dependent on how the servers handle it. The new free to play crafting survival battle royale mobile game FortCraft from NetEase has kicked off its beta test.
However, the match is interrupted by "The Bludgeon Brothers (Eric Rowan and Luke Harper)' and it results in a 'No Contest". Before his match against the Roman Reigns, The Undertaker held an unmatched WrestleMania record of 23 winds and one loss.
The flight took off from Sharjah International Airport, according to the General Civil Aviation Authority in the UAE. The hen party was in celebration of Turkish socialite and soon-to-be-bride, Mina Basaran who was just 28-years-old.
There have been reports that the company had stopped paying suppliers some of whom are the biggest toy makers in the country. "There is no toy business without Toys R Us ", Larian said, noting that he sold his first product to the chain in 1979.
Mrs Swindle told KCTV5 United acknowledged they had accidentally sent Irgo to Japan, and will be flown back by the weekend. The airline said its policy calls for owners to put dogs in carriers under seats or in the cargo hold.
This minion would be way too powerful if it could attack the enemy Hero, but as limited to other minions it seems pretty fair. Minions with the Rush ability are similar to those with Charge, allowing you to attack the same turn the card was cast.
Blaze Pizza offering Pi Day deal today
The one thing we do know about the ratio of the circumference of a circle to its diameter is that we don't know how it ends. If you're craving something sweet on Pi Day , several restaurants and grocery stores are giving customers a break on pie.
Snow warning for the Isle of Wight
Met Office have today issued a Yellow weather warning for snow across parts of Essex including Colchester, for Sunday 18th March. If 2-5cm was to fall, as suggested by forecasters, it could lead to disruption on the roads and to schools on Monday morning.
Google Lens comes to Samsung Galaxy S8, S9 and Note 8
It features a rear camera with a variable aperture that can be automatically or manually switched between F1.5 and F2.4. That should no longer be an issue and with the change it shows that Samsung was listening to its consumers.
Bag strap may be to blame, says pilot
Three of the victims were taken to nearby hospitals in critical condition and two were declared dead at the scene, Nigro said. Dallas Fire-Rescue officials say Brian McDaniel was on vacation in NY when the helicopter went down on Sunday.
Google is promoting Android Wear with new name and logo
Most believe this could be Google's strategy towards eliminating its association with the specific operating system. So the Google logo is removed from the top of the page, which shifts this new rounded search box to the top.
Packers plan to release Jordy Nelson
But while a new weapon for Aaron Rodgers is on his way to Green Bay, it appears a Packers veteran is walking out the door. Over his eight year National Football League career, Graham has tallied 556 receptions for 6,800 yards and 69 touchdowns.