Is the largest radio conglomerate in the US about to go bankrupt?  Now, iHeartMedia is hitting extremely hard financial times — and warning investors of a possible collapse ahead. Quarterly losses of $248 million.  A stock price plunging to 50-cents.  Major Wall Street delisting fears.  Debt levels in billions.   Welcome to the real state of traditional […]

The post November 8th, 2018: iHeartMedia Declares Bankruptcy appeared first on Digital Music News.

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