Emerging alternatives for audio content will pose additional competition for Sirius.
After the failure of JS Acquisition's plan to take the firm private, Emmis faces tough challenges.
Business conditions are improving for Entercom, but the firm's balance sheet remains troubled.
Emerging alternatives for audio content will pose additional competition for the company.
Profitability has improved for Emmis, but the firm's financial position remains weak.
Dim growth prospects and a weighty debt burden pose challenges for Entercom.
Cumulus' quarterly revenue has been declining at an accelerating rate during 2008 and into 2009, both sequentially and year over year, as advertisers are following consumers in pulling back on their spending.The company's contracts with advertising clients are mostly short-term, making its revenue
Citadel's substantial debt burden is taking its toll on equity shareholders.
The company has doubled the number of authorized shares to 9 billion from 4.5 billion in 2008. The company also seeks a reverse split to prop up its sagging stock price.After years of heady growth, Sirius XM lost more than 500,000 subscribers between December 2008 and June 2009, reflecting auto