I am no bankruptcy expert but the bondholders seem fine getting dimes on the dollar so a hedge fund will control it out of bankruptcy. My guess would be they think it is cheaper then having a law firm sell it piecemeal.

Soros finds value in radio! I was looking at buying Townsquare stock for the dividend, but when they cut it the value will drop to Beasley levels. Then I looked at loading up on Beasley, but seeing how cheaply the Audacy bondholders are being bought off I thought better of it. Warren Buffet is buyin...

It's a county with exploding property values but mediocre wage growth. A lot of voters feel out of place in their own community. Other Michigan counties have the same problem. California had both exploding property values and exploding wage growth, but outside of metro Detroit, Michigan is missing t...

State by state, the majority of voters want legal abortion and euthanasia. It will be interesting if it can make the Constitution in Florida with a 60% pass mandate. Ohio tried to change that to restrict abortion access in '22, which didn't work either. Legal IVF is now on the Republican platform so...

https://help.ballysports.com/Answer/Detail/000001509

Bally RSN is not going away, and it will be an 'incremental cost' for Amazon Prime subscribers.

Without a pension, unions are not that desirable. And really, raising the 401k/403b match to 12% from the traditional 5% would match the S&P 500 lifetime average, a better benefit than anything else for most employees. Not sure what the rules are on offering a match, I know the cap for employees is ...

Local politicians don't really matter much in the giant scheme of things. They used to help sell newspapers but since those are going away they are mostly fading into oblivion.

I saw this in the WSJ. Debt is slavery plain and simple, and few young people are taught this. Because humans don't do well in the elements, carrying a mortgage is often unavoidable for first time buyers. There was a great article also in the WSJ about cutting your expenses by carrying large bills. ...

As long as WOOD stays on the 'right side of history' all will be forgiven by cable providers and advertisers. I recorded the game on YouTube and was convinced it was a Google issue from high bandwidth. There was no message on the screen from WOOD.

While I oppose abortion, DeSantis moving from a 20 week ban to a six week one will keep him out as a VP option. The Democrats will keep pushing the abortion issue because it works. DeSantis will cost Trump votes. Hawley would be a better name recognition choice.

I would rather see money go to the poor than antisemitic ivy league endowments. I would rather see parents get the option of collecting the public school money directly with a required annual test to prove proficiency. A mother of three would get around $18k which is a measley sum to a professional ...

OTA production quality is lackluster. Bally keeping Detroit teams is preferred because of the current strength of the game production quality. Maybe the intermission studios are amateur, but only the diehards are watching those along with the pre/post game. I will take a Bally Redwings game even ove...

On a kinda related note, Salem Media is about to get delisted for a low stock price. The Conservative/Evangelical company will need ad spending in an election year to keep it afloat. They continue to sell off pieces of the company while praying for a recovery.

Streaming rights for MLB in 2024 will be of interest.

Per the Wall Street Journal: Amazon is looking to bring Diamond Sports into its Prime offerings. I was surprised to see the Red Wings/Flyers game a couple of nights ago was 'Presented by Amazon' so some money has already gone to Diamond. Also per WSJ Amazon owns a stake in the YES network in New Yor...