Breaking News: National radio giant files Chapter 11 bankruptcy [Yahoo! Finance]
S&P Global Inc. (SPGI)
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Source: Yahoo! Finance
Radio also took a major hit during the Covid pandemic, according to Michael Bergner from the Media Brokerage firm Bergner & Company. “If radio was a $15 billion business before COVID, we may be back to $9 billion now. You're not going back to $15 billion,” he told Radio Ink iHeartMedia Chairman Bob Pittman shared his take on the industry's issues. “Nielsen came out with a study of [radio 's] return on investment [which shows] a 6-to-1 ROI [for every dollar invested in radio], which by most estimates is much greater than television or digital,” he told CNBC's “Squawk on the Street.” “What's happened in radio is that it has done a very poor job of monetizing what they have.” Now, another radio giant, Cumulus Media, has filed for Chapter 11 bankruptcy protection. Cumulus Media shares its Chapter 11 bankruptcy plan Cumulus Media filed for Chapter 11 bankruptcy protection in the Southern Texas Bankruptcy court on March 5, according to documents filed on Pacer Monitor It's a
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SPGI
Earnings
- 2/10/26 - Miss
SPGI
Sec Filings
- 3/3/26 - Form 4
- 3/3/26 - Form 4
- 3/3/26 - Form 4
- SPGI's page on the SEC website