WTIC no longer to broadcast UConn sports?

[whaler11]

A bunch of the debt sits at the Outdoor company. So that debt would remain.

Clear Channel Outdoor: Run From The Equity, Buy The Bonds - Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) | Seeking Alpha

I thought I read in multiple places that outdoor is spunoff in what they proposed.

Guess we’ll know by Wednesday - but this seems to just be rich guys ripping off richer guys.

It will take a few years to see if iheart is so far behind technology wise that they can’t survive. Heck in a downturn they might bounceback as people cancel XM/Spotify etc. XM has really gotten expensive.

 

[FDNY99]

https://nypost.com/2018/02/26/malones-last-ditch-effort-to-buy-iheartmedia-faces-uphill-battle/
Read this groggy eyed when I got the paper a few days ago....didn’t think to post it then but figured I would now

 

[J187Money]

I thought I read in multiple places that outdoor is spunoff in what they proposed.

Guess we’ll know by Wednesday - but this seems to just be rich guys ripping off richer guys.

It will take a few years to see if iheart is so far behind technology wise that they can’t survive. Heck in a downturn they might bounceback as people cancel XM/Spotify etc. XM has really gotten expensive.

Right - but outdoor's debt would go with outdoor.

 

[FDNY99]

https://nypost.com/2018/03/05/iheart-media-inching-closer-to-bankruptcy/

 

[whaler11]

Right - but outdoor's debt would go with outdoor.

Yes I just haven’t seen a number tagged to outdoor’s debt. If it’s in your link it’s sub.

 

[J187Money]

Yes I just haven’t seen a number tagged to outdoor’s debt. If it’s in your link it’s sub.

Document

Looks like $5.3M in Note 3.