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BEASLEY MEDIA INITIATES 7% STAFF LAYOFFS

Discussion pertaining to Detroit, Ann Arbor, Port Huron and SW Ontario
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Deleted User 16378

Re: BEASLEY MEDIA INITIATES 7% STAFF LAYOFFS

Unread post by Deleted User 16378 »

MWmetalhead wrote: ↑Thu May 09, 2024 10:21 am Unlikely, except for perhaps one or more of the translators.

Beasley, if it needs to raise cash prior to entering chapter 11, is more likely to look to divest stations in New Jersey, its crappy standalone AM in Atlanta, or stations in the puny Augusta, GA and Fayetteville, NC markets.
Do you think Beasley would at least bring a working format to 105.9? Like Classic Soul?
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A1B1C1D1
Posts: 88
Joined: Tue Jan 04, 2005 7:21 pm

Re: BEASLEY MEDIA INITIATES 7% STAFF LAYOFFS

Unread post by A1B1C1D1 »

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.
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TC Talks
Posts: 12066
Joined: Wed Oct 26, 2005 2:41 am

Re: BEASLEY MEDIA INITIATES 7% STAFF LAYOFFS

Unread post by TC Talks »

I know he's talking about valuation, but I love Buffet's discussion of EBITDA...

https://youtu.be/Y8816-r28SM?si=wGsb-PLnpbSw_l8N
For Kristian Trumpers are not serving our Lord Christ, but their own appetites. By smooth talk and flattery they deceive the minds of naive people.
-Romans 16:18

Posting Content © 2024 TC Talks Holdings LP.
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TC Talks
Posts: 12066
Joined: Wed Oct 26, 2005 2:41 am

Re: BEASLEY MEDIA INITIATES 7% STAFF LAYOFFS

Unread post by TC Talks »

How can you tell Beasley has clean methods?
For Kristian Trumpers are not serving our Lord Christ, but their own appetites. By smooth talk and flattery they deceive the minds of naive people.
-Romans 16:18

Posting Content © 2024 TC Talks Holdings LP.
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