When Does Debt Load Become Crushing?

By on Mar, 30 2016 with Comment 1

DebtWhat’s happening in a Texas court on Monday concerning iHeartMedia’s debt is a blip, experts tell RBR+TVBR, because the larger issue is the company’s ballooning debt.

iHeart earlier sought a temporary restraining order rescinding default notices it received from some of its creditors. The next step is expected on Monday from the Texas state court.

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About The Author: Leslie Stimson has been a reporter for 35+ years, starting in radio news. She’s spent the last 20 years reporting for radio trades.

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