iHeartMedia Files Chapter 11 Bankruptcy
iHeartMedia has filed a Chapter 11 Bankruptcy plan that includes reduction of its $20.8 billion debt by $10 billion. The expected filing, which comes after months of haggling with creditors,. Continue reading
iHeartMedia Bankruptcy Talks Extend To Midnight Tonight
[TUESDAY 3.13.18 8AM ET] The bankruptcy and reorganization of iHeartMedia has been postponed for another 24 hours, according to an SEC filing overnight. Creditors have agreed to a forbearance agreement. Continue reading
Hip Hop Dominates Last Week’s Pandora Trendsetters Chart
When it comes to trend setting music genres, hip hop appears to be cleaning up. According to the latest data from Pandora, seven of the top 10 artists on its. Continue reading
Live Nation Reports Strong Earnings, Stock Soars
Over the last few quarters, Live Nation has started to feel like a solid business driven less by the touring whims of major artists and more by solid growth across. Continue reading
SFX Considers Legal Action Against Founder Sillerman, Top Execs
The fall of controversial SFX founder and former CEO Robert "FX" Sillerman has been as dramatic as his rise. The next chapter in his demise is likely to include a. Continue reading
Former AEG Chief Randy Phillips To Lead SFX Turnaround
Troubled EDM conglomerate SFX will get much needed new leadership when it exits bankruptcy, according to multiple sources. Former AEG chief Randy Phillips is reportedly the choice of SFX creditors. Continue reading
Hastings Shuttering All 123 Music Stores, Liquidation Sale Starts Saturday
Hastings is shutting down all 123 stores and liquidating inventory and fixtures at a deep discount. Hastings had filed bankruptcy and been given 30 days by the court to find. Continue reading
SFX Withdraws Beatport Sale
SFX would appear to be running out of options in its efforts to exit bankruptcy. After selling digital marketer Fame House and ticketer Flavorus to Universal Music Group, SFX withdrew. Continue reading
