Tag: Debt

iHeartMedia, Largest Owner Of Radio Stations In US, Admits It May Not Survive The Year

Struggling under the weight of $20 billion in debt, broadcast radio conglomerate iHeartMedia has admitted to investors that it may not survive 2017.

Bruce Houghton on 04/24/2017 in Music Business | Permalink | Comments (0)

Tags: Corporate bond, Daewoo Shipbuilding & Marine Engineering, Debt, Debt restructuring, iHeartMedia, iHeartRadio, IHeartRadio Music Festival, Korea Development Bank, Reuters, South Korea

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U.S. Concert Promoter Jack Utsick Extradited, Charged With $300M Ponze Scheme

U.S. concert promoter Jack Utsick, former head of Worldwide Entertainment, was extradited from Brazil to the U.S. over the weekend to face charges that he used a Ponzi scheme to. Continue reading

Bruce Houghton on 12/09/2014 in Live & Touring | Permalink | Comments (0)

Tags: Associated Press, Debt, Deficit spending, Mail and wire fraud, Ponzi scheme, Thanksgiving, U.S. Securities and Exchange Commission, United States, United States Department of the Treasury, United States Treasury security

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