Michael Kay: WFAN’s owners could be bankrupt in a year

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Michael Kay: WFAN’s owners could be bankrupt in a year
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ESPN Radio will give up its FM signal in August 2024.

one year ago that Audacy had lost $1 billion in net income since 2018.

The New York Stock Exchange announced plans in May 2023 to suspend trading of Audacy’s stock, which had fallen below $1 per share.Business Wire ESPN Radio plans to remove programming, including “The Michael Kay Show,” from the FM band in August 2024.As for ESPN Radio, parent company Good Karma Brands plans to move forward with the station focusing on its digital distribution and 1050 AM, according to Marchand.

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